The Court granted leave to lodge a further caveat and extended the operation of an existing caveat, finding a serious question to be tried where purchasers had entered contracts of sale for proposed strata lots, paid substantial portions of the purchase price, and the vendor sought to sell the land to a third party. The Court exercised its power to amend the caveats so that the claimed interest (equitable interest as purchaser of proposed strata lots) accurately reflected the contracts, rather than an overly broad claim to the fee simple. The Court accepted that a satisfactory explanation for the lapse of the earlier caveat was provided where the extension application was filed within time but could not be heard before lapse due to practical reasons.
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