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Yes, except that only one property was offered as security, but the financier put caveats on all of the borrowers properties, without properly informing him. What complicated matter further, was that the lender ceased trading (probably due to the GFC) and the caveats were then held by a...

The owners solicitor put in an application to remove the caveats. I'm not sure of the technical process involved. It took a few days to complete the process. The caveats were put in place as the owner had to do some creative financing a few years ago and used one of his existing properties as...

Not in my experience. I recently had a client who knew about a caveat a few years ago on one property. It turns out that all of his properties had caveats put on them (even though they had nothing to do with the deal). None of the caveats were removed and it was only when we were reviewing...