Tag: Real Estate Scams
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Guilty Pleas in Long Island: Heirs Recover Their Stolen Deeds
Two New Yorkers — and one is a former lawyer and a licensed notary — have pleaded guilty to deed fraud charges in New York. The charges involve first-degree scheming to defraud, and additional counts related to forging and filing false documents to take deceased people’s titles in Nassau and Queens. A company run by…
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In the News: Struggling and Elderly Homeowners Targeted by Deed Fakery
Imagine a licensed real estate broker — of all people — accused of taking other people’s homes and selling them. Imagine someone deciding to fake a deed to steal the house of an elderly homeowner who’s ill and in a nursing home. These are both real stories, now unfolding in Florida.
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Using a Quitclaim Deed: What Are the Drawbacks?
A quitclaim deed is a simple form that transfers a piece of real estate from one person to another. Any homeowner can fill out a quitclaim deed with their name and the name of the recipient, and the property’s existing legal description, sign it in front of a notary and record the document. That effectively…
