When is a Real Estate Deal Considered Real Estate Fraud
uying and selling property is a way of life in California. People are constantly moving. Most of the time, the process goes smoothly and everything is kept above board, but every once in awhile a deal goes sour. The challenge many buyers (and even sellers) struggle with is knowing when a real estate deal simply doesn’t go as planned and when they’ve been the victim of real estate fraud.
According to California lawmakers, real estate fraud takes place when one of the parties involved in a real estate transaction knowingly commits fraud while conducting some sort of real estate transaction.
In California, real estate fraud includes:
- Forged deeds
- Breaking foreclosure fraud statutes
- Falsely representing a property
- Breaking rent skimming laws
In California, the most common forms of rea...