Here you will find summarised property law notes for the entire Monash University topic (Both Property A and Property B).
The summary notes are an excellent exam help, with steps to work out whether a particular issue is found in a problem question, and relevant precedent and case citations for that HD answer. They are short enough for use in an exam, but detailed enough that you will never miss a point.
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Topic 6 Summary:
Caveat system
Introduction
What is a caveat?
A caveat acts as an injunction to the Registrar by restraining the Registrar from registering any dealing except with the caveator’s consent
Who can lodge a caveat?
Any person who is claiming an estate or interest in land under [an] unregistered instrument or dealing or by devolution in law or otherwise 89(1) TLA
Trust
Vendor’s lien for unpaid purchase money
Mortgagee’s interest under an unregistered mortgage
Purchaser’s interest under an option to purchase Bahr
Need not be a registrable interest, so long as it is one in respect of which equity will give specific relief against the land.
What is not caveatable?
A mere personal right
A claim to set aside a transfer on the ground of fraud is not caveatable until such claim is successfully established
Recording a caveat
Must be recorded in the register 89(2) TLA
Notice to the registered proprietor
Registrar is required to give notice of the caveat and a copy of the caveat to the registered proprietor 89(3) TLA
Removal of a caveat
It can be withdrawn by the caveator 89(1)
Withdrawn application: 90(4) TLA
The registrar shall reinstate any recording of the caveat in the relevant part of the Register to which the caveat related
An inconsistent dealing is lodged 90
Caveator is notified by the Registrar
They have 30 days to:
Consent to registration 90(1)(b)
Commence court proceedings 90(2)
Or caveat lapses
unless it is lodged by the Registrar 90(1) TLA
BUT if the transfer or dealing lodged does not dispose of the whole of the interest then the caveat will only lapse to the extent necessary to permit the registration
Exceptions: see 90(1)(a-e)
An application for removal is made to the Registrar 89A
Any person interested in the land may make application to the registrar to have a caveat removed 89A(1)
Application must specify the land and the estate or interest in respect of which it is made; and be supported by certificate by a legal practitioner which states that, in the practitioner's opinion, the caveator does not have the estate or interest claimed 89A(2)
Registrar when satisfied gives notice of the application to the caveator 89A(3)
30 days 89A(5) for caveator to:
Abandon the caveat by notice in writing; or 89A(3)(c)
Commence court proceedings to substantiate the caveator’s claims 89A(3)(b)
What level of substantiation do we need: 89A(7)(a) TLA
Proceedings in question is not substantiated the court may make an order in regards to the caveat that it thinks fit
Or caveat lapses
Application to the court 90(3)
Any person who is adversely affect by [a] caveat may bring proceedings in a court against the caveator for the removal of the caveat and the court may make such order as the court thinks fit
Piroshenko v Grojsman
application considered in accordance with the principles applied to an application for interlocutory injunction
Need to establish it's a serious question to be tried, and must show a prima facie case only
Probability that he/she will be found to have an equitable interest; and
Balance of convenience factors favours maintenance of the caveat on the register until trial
Choose the course which appears to carry the lower risk of injustice if it should turn out to have been wrong
Delaying registration 90(2)
Court can delay registering any dealing with the land for a further period specified in the order, or make any order it thinks just
When?
Caveator provides security/lodges such sum sufficient to indemnify every person against any damage that may be sustained by reason of any disposition of the property being delayed
90(5): Section 90 has no application where, the lodgement of registration or dealings is to pass to the caveator upon being registered.
A caveat that has lapsed or been removed by an order of a court cannot be renewed by the caveator for the same claim 91(4)
A person who lodges a caveat without reasonable cause is liable to pay compensation to any person who sustains damage as a result 118 TLA
Reasonable cause: honest believe on reasonable ground that the caveator has such interest.
The fact that a caveator fails to sustain the caveat at full trial must not be equated with an absence of reasonable grounds for lodging the caveat in the first place
If a caveat has been lodged with reasonable cause, is it possible that the maintenance of the caveat may become unreasonable so as to attract the compensation provisions? Doubtful.
The effect of a caveat
No recordings shall be made in the register relating to proprietorship of or any dealing purporting to affect the estate or interest in respect of the caveat lodged, UNLESS it related to 90(1)(a-c)
A transfer or dealing referred to in section 90(1)(a)(b)(c)(d) or (e)
A transfer of dealing referred to in section 90(5); or
A transfer or dealing in respect of which the caveat has lapsed
If you lodge a caveat AFTER an instrument has been lodged it will not affect that instrument 91(2)
If you are lodging a caveat after a mortgagee exercised their power of sale, the caveat will not have any effect IF the caveat: 90(2A)
Was lodged after the mortgage or charge was lodged; and
Claims an estate or interest in the land transferred by virtue of an unregistered mortgage or charge or other unregistered document intended to create a security for the payment of moneys
Exercising power of sale under mortgage, a caveat will lapse if: 91(2B)
Was lodged after the mortgage or charge was lodged; and
Claims an estate or interest in the land transferred by virtue of an unregistered mortgage or charge or other unregistered document intended to create a security for the payment of moneys
Registered proprietors and caveating
In most cases the RP must have another interest that is being caveated, other than legal title. Generally they cannot lodge a caveat against your own title.
When will this arise?
It will arise when...
Buy the full version of these notes or essay plans and more in our Property Law Notes.
Here you will find summarised property law notes for the entire Monash University topic (Both Property A and Property B).
The summary notes are an excellent exam help, with steps to work out whether a particular issue is found in a problem question, and relevant precedent and case citations for that HD answer. They are short enough for use in an exam, but detailed enough that you will never miss a point.
...
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