VIC Unregistered Interest in Property - How to Sell?

[Ann M]

What does a vendor with an equitable (unregistered) interest in land need to do to sell that land?

 

[Paul Cott]

Ann,

It depends on what the nature of the unregistered interest is. It may not be the type of interest that gives you power of sale.

An unregistered interest holder's interest is usually protected by caveat which is not a power of sale as such but is an interest which can prevent the property being sold by the legally registered proprietor without the issue of the unregistered interest being resolved.

Hope that helps.

 

[Ann M]

Thank you