Varney v Anderson - [1988] 1 NZLR 478

Property law — Caveat — Removal of caveat — Discussion of principles to be applied — Purchaser sued for specific performance and lodged caveat to protect his interests under agreement — Vendor applied for removal of caveat and High Court Judge granted application on grounds of purchaser's delay in pursuing the specific performance proceedings — Whether delay was a relevant factor — Whether vendor must show prejudice — Whether caveat should have been removed — Land Transfer Act 1952, s 143.