Section 71 Land Registration Law (LRL) Lagos State 2015

Section 71 of the Land Registration Law (LRL) of Lagos State 2015 provides as follows:

(1) A caveat or caution may be removed from the register-
(a) with the consent of the caveator or cautioner or;
(b) by the order of a court or;
(c) by the Registrar subject to Section 69(7) of this Law.

(2) The Registrar may, on the written application of the holder or any other person interested;
(a) serve notice on the caveator or cautioner, warning him that his caveat or caution will be removed at the expiration of the time stated in the notice and;
(b) at the expiration of the time stated, unless the caveator or cautioner objects, the caveat or caution shall lapse and the Registrar may remove the caveat or caution from the register.

(3) if the caveator or cautioner objects to the removal of his caveat or caution, he shall notify the Registrar in writing of his objection within the time specified in the notice and the Registrar shall immediately give the parties an opportunity to be heard, and make such order as to its removal or otherwise, and as to costs as he deems fit.

(4) A restriction having effect as a caveat or caution entered by the Registrar shall be removable only with his consent, or by the order of a court.

(5) Where a caveat or caution has lapsed or been withdrawn under this Section, the Registrar may refuse to accept a further caveat or caution by the same person or anyone acting on his behalf in relation to the same matter as that protected by the previous caveat or caution.

See also  Section 342 Investments and Securities Act 2025
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