What documents are forged when buying a property
Document forgery in property purchases is an illegal and criminal activity. It can have serious legal consequences for all parties involved. Here are some examples of documents that can be forged or altered:
- Certificate of Registration of Title: This document certifies ownership of a property. Forgery of this document can result in an illegal transfer of ownership.
- Sale and Purchase Agreement: Forgery of this document may include changing the terms of the transaction, the signatures of the parties, or the amount of the transaction.
- Real Estate Technical Passport: Depending on the country, this may be a document that contains information about the characteristics of the property, its condition and other technical aspects.
- Certificate of No Encumbrances: This document confirms that the property does not have any liens, debts or third party rights. Forgery of such a certificate may conceal the existence of legal obligations.
- Power of Attorney: If one of the parties to a transaction acts on behalf of the other party through a proxy, a forged power of attorney can be used to unlawfully execute the transaction.
- Seller’s or buyer’s personal documents: Forgery of passport or other documents of the parties to a transaction can be used for fraud.
- Property tax certificates: Forgery of such certificates can lead to tax evasion.
- Other legal documents: Depending on local laws and procedures, there may be other documents that can be forged during a property transaction.
Forging documents in a property purchase is illegal and puts everyone involved in the transaction at risk of legal consequences, including criminal penalties. It is important to always verify the legitimacy of all documents and only deal with trusted property and legal professionals to avoid fraud and forgery.