Caveats over properties
We prepare clauses for clients for inclusion in their contracts that allow them to lodge caveats over debtor's properties in Western Australia.
Our practice is located outside of the Perth CBD and because of this our hourly rates are 20% lower than the standard rates charged by most Perth law firms. Our rates are extremely competitive compared to the rates charged by other commercial law firms.
Caveats are a very effective method of securing loans and other debts. A caveat is a written warning that appears on the certificate of title of a property telling anyone who wants to deal with the property, that the person who lodged the caveat, has an interest in that property.
Lodging a caveat over a property prevents the owner of the property from selling, mortgaging or dealing with the property without your knowledge.
If someone owes you money we can provide legal advice on whether you have the right to lodge a caveat over their property and arrange for the caveat to be lodged. This will then give you some security to ensure the debt is paid.
If someone has lodged a caveat over your property in Western Australia we provide legal advice on challenging the caveat and having it removed.