In McKillop v. Alexander (1912), 1912 CanLII 31 (SCC), 1 W.W.R. 871 at 881, 45 S.C.R. 551, 20 W.L.R. 850, 1 D.L.R. 586, Anglin J. stated: “… a caveat when properly lodged prevents the acquisition or the bettering or increasing of any interest in the land legal or equitable, adverse to or in derogation of the claim of the caveator — at all events, as it exists at the time when the caveat is lodged.”
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