Common use of Caveatable interest Clause in Contracts

Caveatable interest. Subject to any requirements of Federal, State or Territory legislation, if, for any reason, this agreement (or its variation to extend the Term) is not registered by the date for delivery referred to in clause 9.1.a(iii) of these Additional Terms: a. the tenant may lodge a caveat to protect its leasehold interest in the Premises; b. the landlord will not raise any objection to the lodgement of the caveat; and c. the tenant may recoup its costs in preparing, lodging, registering and removing the caveat, from the landlord.

Appears in 2 contracts

Sources: Residential Tenancy Agreement, Residential Tenancy Agreement