What is the effect of a caveat on a property?
Saskatchewan, Canada
The following excerpt is from Boulter-Waugh v. Phillips, 1918 CanLII 117 (SK CA):
This would, it seems to me, terminate any lien the plaintiffs had upon this land; the caveat filed not giving them any greater rights than the agreement gave them. Grace v. Kuebler, 1917 CanLII 616 (SCC), 56 S.C.R. 1; [1917] 3 W.W.R. 983.
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