In the realm of property law, caveats serve as a powerful tool for protecting interests in real estate. By registering a caveat on land titles, individuals or entities can assert a.
In the realm of property law, caveats serve as a powerful tool for protecting interests in real estate. By registering a caveat on land titles, individuals or entities can assert a claim or encumbrance against a property, effectively signaling to potential buyers, creditors or other third parties that may have an interest in the property that there may be pending legal issues to consider. While caveats can provide a sense of security, it is crucial to remember that they do not suspend or alter the operation of limitation periods. This blog reviews a recent Court of King s Bench decision that serves as an important reminder that compliance with limitation periods remains essential, even in the presence of a registered caveat on land titles.
The townhome features two units over three levels and provides an ideal setup for maintaining a second unit as a rental, AirBnB, home office or extra guest suite.