A caveat will remain on the property unless the person that put it on removes it, the registrar at the Lands office removes it or you have a court order.
On the sale you will have to remove it or the owner can apply to the department of lands to have it removed and if they do, you have to take it to court to have it remain.
The court costs can be anything up to $100,000.00 depending on the time it takes and who you have acting for you.
You have to have a right to lodge the caveat and if you do not the court will remove it and you will be liable for your costs and the other parties.
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