§ 137.5. Disposition of deposit.
(a) A caveat may not be recognized and processed unless the caveator deposits, with the caveat, fees as determined by the Department of Community Affairs and including purchase money in the case of vacant land.
(b) If the decision of the Board is against the caveator and the caveator does not appeal the decision, the purchase money less costs and fees incurred by the caveator, as determined by the Board, shall be returned to the caveator. If the caveator appeals the decision of the Board, the purchase money deposited shall be held and disposed of as directed by the court making the final decision thereon.
(c) If the decision of the Board is in favor of the caveator, he shall proceed promptly to perfect his title under the Pennsylvania Public Lands Act (64 P. S. § § 601—616), and in compliance with this part.
(d) If the caveator fails to comply with subsection (c) he shall be deemed to have abandoned his claim and rights.
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