A search of a certificate of Title shows that a caveat. What is it?
Caveats are notices or warnings that someone has a claim against the property. Claims or interests that are commonly found on a title are leases, options to purchase, and agreements for sale. These represent money or ownership interests in the property that should be dealt with before the property is transferred to a new owner. A lawyer often can arrange to have unacceptable caveats removed from the title before title is transferred.