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hey, people, i have a question
i am doing work on Caveat, and i came across this
"...a party lodges a dealing (prevented by the Caveat) and also lodges an Application for Preparation of Lapsing Notice (form 08LX), together with the prescribed lodgment fee, to lapse or partially lapse the Caveat, under section 74I/74JA of the Real Property Act 1900 and the lapsing procedure is completed..."
what does the sentence highlighted in bold mean?
any asstistance would be greatly appreciated!
i am doing work on Caveat, and i came across this
"...a party lodges a dealing (prevented by the Caveat) and also lodges an Application for Preparation of Lapsing Notice (form 08LX), together with the prescribed lodgment fee, to lapse or partially lapse the Caveat, under section 74I/74JA of the Real Property Act 1900 and the lapsing procedure is completed..."
what does the sentence highlighted in bold mean?
any asstistance would be greatly appreciated!