Common use of Caveats Clause in Contracts

Caveats. 6.1 The Purchaser hereby covenants not at any time prior to the Possession Date to lodge any matrimonial property notice, charging order or any other encumbrance or caveat pursuant to the provisions of the Land Transfer Act 1952 against any lot or against the Title to the lot shown on the annexed plan in respect of any interest of the Purchaser whatsoever and in the event of the Purchaser so doing the Purchaser HEREBY IRREVOCABLY APPOINTS the Vendor or his nominee to be the Purchaser's true and lawful attorney to make execute and have registered in the name of the Purchaser and on the Purchaser's behalf all such consents, notices, withdrawals, documents, papers and any other act or thing which the Vendor shall deem necessary or expedient to have such caveat removed or effect any registration notwithstanding the existence of any such caveat AND the Purchaser HEREBY AGREES that the production of this Agreement to the District Land Registrar shall be sufficient evidence of the appointment of the Vendor or it’s nominee as the attorney of the Purchaser for any such purpose.