My name is ***** ***** I am a NSW Solicitor. Thank you for your question, and will do my best to assist you with your question. Please understand this is not legal advise Please understand this is not legal advise but a guide to assist you.
You have to file a lapsing notice
The form is available at the following link
The next link has the instructions form LPI
You have to file the form and also serve it on the other side and then notify the LPI that you have served
If you have not done that it will remain on title. Also it is not removed immediately it take 21 days after you notify LPI you served and the other party has not take the matter to court to have the caveat remain.
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