Hi,
We have a client who has lent money to a purchaser to assist in purchasing a property which has since settled and that purchaser is now the registered proprietor.
The property is now in the process of being sold and our client has advised that he would like to lodge a Caveat on the property to protect his interest and ensure his return upon the sale of the property.
We note that there was no written agreement between both parties regarding the lending of the money.
We are trying to complete the Caveat in PEXA however we are unsure as to the appropriate selection for the categories 'Estate or interest claimed' and 'Claim category' as none of the selections seem suitable for our clients scenario.
Any assistance will be greatly appreciated.
Thank you.
Will
