(i) the financial institution which granted a loan to the buyer lodges a caveat; or (ii) the CPF Board which released the CPF funds from the buyer’s CPF account(s) lodges a caveat.
You do not need to take any action if you agree with the caveator's claim. For example:-
a. if you have sold your property to a buyer; or b. if you have obtained a loan from a financial institution or if your buyer has obtained a loan from a financial institution; or c. if you have used your CPF funds to buy the property or if your buyer has used his CPF funds to buy your property,
and the name of the buyer, financial institution or the CPF Board, as the case may be, is stated as the caveator in the caveat notice.
However, if you have not, at any point in time, agreed to sell your property OR have not taken any loan from any financial institution OR have not applied to withdraw your CPF funds, please consult your lawyers for legal advice. You should also seek legal advice if there are other types of interest claimed and you do not agree with them.