Business and Personal Finance Dictionary

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• CAVEAT
  
  Latin for "beware". A notice of warning given to a public authority, eg: Titles Office, claiming entitlement to an interest in certain land. The caveat is registered and remains on the books as a warning to anyone who contemplates dealing with the property. It thereby prevents any action being taken without the previous notice of the person entering the caveat (the caveator).
  
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