Attempts to commit deed fraud are becoming more pervasive in Arizona.
More specifically, there has been a recent surge in fraudsters impersonating owners of vacant land and contacting real estate licensees to put the land on the market to sell... However, because real estate licensees are the first line of defense against this type of fraud, it’s helpful for agents to be aware of this scheme so that they may adopt preventative practices.Read the complete article written by Nikki J. Salgat, Esq., General Counsel to the Arizona REALTORS® for Red Flags and Preventive Practices. Published with permission, read article
Arizona REALTORS® Legal Hotline Attorney Rick Mack tells us what we need to know about Deed Fraud. watch video
Contact your local authorities and the Arizona Attorney General’s Office if you see suspicious activity. Also, consider filing a complaint with the FBI at the Internet Crime Complaint Center and the Federal Trade Commission to report fraud.
