Caveats and Home Ownership in Singapore
A caveat is a legal document lodged with the Singapore Land Authority by a person with an interest in land or property. Frequently, it is lodged by a purchaser to protect his interest in that property after an option to purchase is exercised or a Sales & Purchase Agreement is signed.
The effect of a caveat is to prevent any further or contradictory dealings with the property from being registered, serving as a “chope” to that property until it is officially conveyed to the new owner.
Therefore, before you sign the papers to purchase property, the property agent or the lawyers involved would perform a title search for you to ensure that there are no pre-existing caveats or encumbrances to the property. To do a title search, please visit INLIS or this guide for more information. The URA also offers a search function for the discovery of private residential property transactions with caveats lodged.
Pursuant to section 115 of the Land Titles Act, anyone who claims an interest in land may lodge a caveat. Obviously, this may be challenged and an applicant may file for a removal of a caveat if there are sufficient grounds to do so, so that that property is not encumbered permanently.
Homebuyers generally do not need to worry about caveats, as it is the responsibility of the agents or lawyers to do their due diligence.
- What if the seller does not turn up for the First Appointment?
- Joint ownership in Singapore and unequal contributions to purchase price
- Caveats and Home Ownership in Singapore
- Types of property and home ownership in Singapore
- What are the duties of an estate agent in Singapore?
- The Conveyancing Process in Singapore
- Selling Property as a Tenant in Common
- Getting a Mortgage Redemption in Singapore
- Buying a property on trust for your child
- Transfer of Property in Singapore
- Buying Property in Singapore: How to Pay for Your Property
- Refinancing Your Home Loan
- Common Terms in Sale & Purchase Agreements
- Decoupling to Beat the Additional Buyer's Stamp Duty
- Converting a Joint Tenancy to a Tenancy-in-Common
- How Can I Buy My Co-Owner’s Share of the Property?
- Purchasing a Property on an “As Is Where Is” Basis: What Does it Mean?
- The Essential Guide to Buyer’s Stamp Duties in Singapore
- Option to Purchase: 6 Things to Know Before Exercising It
- HDB Resale Process: How to Sell Your HDB Flat Without an Agent
- Property Auction: How to Buy a House in Distressed Sales and More
- What If I have a Tenancy Dispute or Complaint in Singapore?
- Tenant-Landlord Rights in Singapore
- Dispute With Your Condominium’s Management or MCST: What to Do
- Are Landlords, Tenants, and Agents Liable for Sex Trade in HDB flats/Condominiums?
- 6 Common Terms in Tenancy Agreements & What They Mean
- Is Airbnb Illegal in Singapore?
- Landlord Won’t Return Your Security Deposit: What to Do
- Applying for a Writ of Distress When a Singapore Tenant Owes You Rent
- Landlord’s Guide to Evicting a Problematic Tenant in Singapore
- How to Solve Neighbour Disputes
- What can I do if a Chinese funeral or a Malay wedding creates a noisy annoyance in the void deck?
- What if my neighbour creates a disturbance or deliberately tries to annoy me?
- What is the Tort of Interference with Land? What is the rule in Rylands v Fletcher?
- Ceiling Leaks: What Can I Do?