Property Fraud- What Are the Signs You Should Look Out for?

Property fraud, in other words, said as deed scam or “house-stealing,” is a fast-growing white-collar crime in the United States. It can occur when someone records a fraudulent document that affects property ownership.

Property fraud, also known as deed fraud or “house-stealing,” is a white-collar crime in which someone falsifies an individuality and moves possessions into their name by recording a fraudulent document in the Official Records.

Homeowners can protect themselves from this type of fraud by signing up for services such as Property Fraud Alert, which notifies them when documents with their registered name are recorded, and by being aware of forged details in real property deeds.

Property fraud is a serious issue that can result in financial loss and legal complications. If you have any property issues, you must get a Real estate lawyer in Medicine Hat AB to resolve your cases.

Here are some signs that may indicate property fraud:

1- Unusual Activity

Notice unusual activity, such as strangers coming and going from the property or someone other than the rightful owner claiming ownership. This may be a sign of property fraud. A real estate lawyer in Medicine Hat will help resolve your unusual activity issues.

2- Unknown documents

If you receive property documents such as deeds or title transfers that you don’t recognize or know of, this may also be a sign of property fraud. In case of unknown documents, you will require a real estate lawyer in Medicine Hat.

3- Keep an eye out if the property is vacant

If you suddenly discover liens or mortgages on your property that you don’t recognize or didn’t agree to, this may be a sign of property fraud.

A vacant property can be particularly vulnerable to property fraud, as fewer people may be around to notice any suspicious activity. If you notice signs of unauthorized access to the property, such as broken windows or doors, this may be a sign that someone is attempting to take over the property.

4- Forged documents

Forgery of property documents is a common tactic used in property fraud, and it cannot be easy to detect. Be wary of documents that appear to be forged or altered. This can include fake signatures or false information.

Compare the signatures on the property documents to the known signatures of the people involved in the transaction.

Last Point

If you suspect you are a property fraud victim, it’s important to seek legal advice and report the incident to the relevant authorities as soon as possible.

To get a real estate lawyer in Medicine Hat AB, you must connect with Stringam. We offer you legal support and expertise for all your property issues. To get more information on this subject matter, check out the website.

Mark Josh is the author of this article. To know more about Immigration lawyers in Brooks please visit our website: stringam.ca