Caveat

Definition

  • A legal document giving a warning, important notice or expressed caution; to beware.
  • A charge or instrument placed on land title. A caveat is also a formal notice filed with a court or officer to suspend a proceeding until the person who filed the caveat is given a hearing.

Synonyms
caution, admonition, beware, condition

Related Terms and Acronyms

  • Contract Definition,
    • An agreement between two or more parties that can be enforced by law.
  • Contractual Lien Definition,
    • A legal claim against property as a result of a voluntary contract, such as a mortgage.
  • Liabilities Definition,
    • A borrower's debts and legal obligations.
  • Lis Pendens Definition,
    • A legal document giving notice that an action or proceeding is pending in the courts which affects the title to the designated property.
  • Title Search Definition,
    • A check of public records to make sure that the owner of real property has the right to transfer ownership. A title search is designed to spot gaps in the chain of title, liens, problems with the legal description of the property, judgements against the owner, and the like.
  • Waiver Definition,
    • The intentional and voluntary renunciation, abandonment, or surrender of some claim, right, or privilege.
Compare. Calculate. Apply today.
Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage