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.
Q. I am on the board of directors of a small common-interest community consisting of less than 20 townhouses. We do not currently have a treasurer so several of the board members are fulfilling th.
Q. Our association is just five units. In the past, the board has taken care of the business of the association in just two meetings a year. One of the new owners, who was on the board of her prio.
Q. We are an association of high-end single-family detached homes in the Northwest suburbs. The covenants in the association’s declaration are crystal clear that no campers may be parked in a d.