146Compensation for improper caveat

146 Compensation for improper caveat (1) A person who lodges or continues a caveat without reasonable cause must compensate anyone else who suffers loss or damage as a result. (2) In a proceeding for compensation under subsection (1), the Supreme Court may include in a judgment for compensation a component for exemplary damages. (3) In a proceeding for compensation under subsection (1), it must be presumed that the caveat was lodged or continued without reasonable cause unless the person who lodged or continued it proves that it was lodged or continued with reasonable cause.

Land Title Act 2000 79