A briefing session on caveat for ministry’s officers, Board of Valuers and Estate Agents (Bovea) members, Law Society, the Brunei Association of Banks (BAB) and Autoriti Monetari Brunei Darussalam (AMBD) representatives was yesterday held at the Indera Pahlawan Hall of the Centre for Employment and Training Skills Test (MODTC), the Ministry of Development (MoD).
Deputy Permanent Secretary at the MoD Hajah Norhayati binti Haji Mohd Yaakub was the guest of honour at the briefing, delivered by Land Department officer Hajah Farah Filzah binti Haji Said.
On January 1, 2021, His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam consented to the part enforcement of the Land Code (Amendment) Order, 2016 in particular Sections 5 (with exception), 6 and 7. Section 5 of the amended order deals with the implementation of the caveat provisions that are intended to help protect the interest of relevant parties on the respective land by entering or registering those interests in the Land Register.
The effect of the registration of a caveat on a land title will prevent any dealings with the land, meaning that the landowner may not transfer, sell, mortgage or lease the land or have any other dealings that will affect the interest of the parties who have registered the caveat until the matter is removed or has automatically expired.
The application for caveat can be made to the Land Officer at the District Land Office, which according to the location of the land, using the forms set out under Section 6 and will be imposed caveat fees as detailed in Section 7 of the Order.
The caveat is valid for three years unless have been removed earlier from the Land Register by the Land Officer. The caveat period can be renewed for one further period of three years only after making the payment of the renewal fee.