Creation of caveats/Private
Mortgages
In real estate, a caveat warns prospective purchasers or mortgagees,
who propose to deal in the land, that a third person (normally
the person lodging the caveat at the Titles Office) has some
right or interest in the land.
If you think you have a legal interest in a property but are
not registered on the title, your Conveyancer can advise you
and arrange for the registration of a caveat on your behalf.
There are certain requirements that you need to fulfil for
this to be done which we can explain to you and prepare the
necessary paperwork on your behalf.
Equally if you lend monies to a party specifically relating
to real property and wish to register the interest against
the property, we can advise and assist you with the necessary
paperwork for a private mortgage or a caveat. This is designed
to protect a private mortgage and in due course the discharge
of the same once full payment has been made.
Call Eckermann Steinert Conveyancers for further details
and information |