Caveat is a legal notice to the court informing it that a person may proceed to file a suit against him/her and asking the court to give a fair hearing before the court takes a final decision.
The word 'caveat' means 'beware' and a caveat to the court is like a formal request and the person filing a caveat is known as caveator. A caveat notifies the court any decision in a suit that may come before must be decided after taking the caveator’s interest in consideration.
- Once the requisite documents are submitted and sent to the lawyer, the lawyer drafts the caveat petition.
- The petition is then filed with the appropriate court and the rest of the documentation work is completed by the lawyer.