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Radiocommunications Act 1989

Acquisitions by operation of law, caveats - Caveats

95: Person entering or maintaining caveat without due cause liable for damages

You could also call this:

"You may have to pay if you wrongly stop someone using something"

Illustration for Radiocommunications Act 1989

If you lodge a caveat without a good reason, you may have to pay damages to someone who suffers a loss because of it. You can also be liable for damages if you do not withdraw a caveat when it is no longer needed and someone asks you to. This can happen if you do not have a reasonable cause for not withdrawing the caveat.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM197168.

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"You can cancel a caveat using the correct form."

Part 10Acquisitions by operation of law, caveats
Caveats

95Person entering or maintaining caveat without due cause liable for damages

  1. Any person who, without reasonable cause, lodges any caveat is liable in damages for any loss or damage suffered by any person as a result of the lodging of the caveat.

  2. Any person who lodges a caveat and who, when that caveat is no longer needed to protect any interest of the caveator, fails, without reasonable cause, to withdraw that caveat as soon as reasonably practicable after having been requested to do so by any person prejudicially affected by the caveat is liable in damages for any loss or damage suffered by any person as a result of the failure to withdraw the caveat.