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Compensation Arising from Caveat

Serious consequences arise where a Caveat is lodged over property without reasonable cause. Any person who suffers loss arising from a caveat being lodged unreasonably has a right to compensation under s 118 of the Transfer of Land Act 1958 (Vic). A question arises where a Caveat is reasonably lodged but maintained beyond a reasonable period.

In-House Briefing Memorandum ~ Compensation Arising From Caveat