Rule 126 – Withdrawal of caution or consent of cautioner to dealing

(1) A caution may be withdrawn at any time either as against the whole or any part of the property to which it relates. The application for its withdrawal may be in Form 75 and shall be signed by the cautioner or his/her solicitor or the personal representative of the cautioner or his/her solicitor; and, where the withdrawal is against part only of the property affected by the caution, it shall identify the part to which the withdrawal relates, by reference, where necessary, to a plan.

(2) A cautioner or his/her personal representative may, in writing, signed by himself/herself or his/her solicitor, consent to registration under a specified dealing. The consent may be absolute or conditional on the caution being continued or on a specified inhibition being entered in the register.