Common use of Lodgement of caveat Clause in Contracts

Lodgement of caveat. 8.1.1 The Developer acknowledges and agrees that the rights under this Agreement give Council a caveatable interest in the Land. 8.1.2 Council may at any time after the date of this Agreement, lodge a caveat on the relevant folios of the Register held by the NSW Land Registry Services pertaining to the Land. 8.1.3 A caveat lodged by Council in accordance with this clause 8 must not prevent or prohibit the lodgement of any instrument dealing or matter required for the registration of any mortgage, subdivision plan, easement, covenant, right of way, deposited plan or strata plan relating to the Development. The Developer must not lodge a lapsing notice or take any action to obtain or seek a withdrawal or removal of the caveat, unless: (a) Council has confirmed in writing to the Developer that its obligations under this Agreement have been satisfied; or (b) this Agreement has otherwise come to an end.

Lodgement of caveat. 8.1.1 5.1.1 The Developer acknowledges and agrees that the rights under this Agreement give Council a caveatable interest in the Land. 8.1.2 5.1.2 Council may may, at any time after the date of this Agreement, lodge a caveat on the relevant folios of the Register held by the NSW Land Registry Services pertaining to the Land. 8.1.3 5.1.3 A caveat lodged by Council in accordance with this clause 8 5 must not prevent or prohibit the lodgement of any instrument dealing or matter required for the registration of any mortgage, subdivision plan, easement, covenant, right of way, deposited plan or strata plan relating to the Development. The Developer must not lodge a lapsing notice or take any action to obtain or seek a withdrawal or removal of the caveat, unless: (a) Council has confirmed in writing to the Developer that its obligations under this Agreement have been satisfied; or (b) this Agreement has otherwise come to an end.