Category: Property & Land
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![Purchaser’s (of land) Lien Constitutes A Security Interest That May Be The Subject Matter of a Caveat Against The Relevant Property [Land Law] [Credit & Security]](https://alexanderpang.com/wp-content/uploads/2017/07/36231355676_febb20eb1c_k.jpg?w=1024)
Purchaser’s (of land) Lien Constitutes A Security Interest That May Be The Subject Matter of a Caveat Against The Relevant Property [Land Law] [Credit & Security]
In the recent Singapore High Court decision in PACC Offshore Services Holdings Ltd v Kensteel Engineering Pte Ltd [2017] SGHC 175 , Justice Tan Siong Thye held that a purchaser’s (of land) lien over monies paid as a deposit creates a security interest that is capable of being the subject matter of a caveat. The…