The House today passed legislation introduced by House Speaker Pro Tempore Brian Patrick Kennedy that would criminalize deed theft — an increasingly common practice that bold scammers use to actually steal homes and real estate.
Deed theft typically involves forged documents, such as a quit claim deed, to record a phony transfer of property ownership. Scammers will then seek to sell either the stolen vacant land or home or even rent it to turn a profit, forcing the real owners to head to court to reclaim their property.
“These scams, which often prey upon older homeowners, are becoming increasingly more common,” said Speaker Pro Tempore Kennedy. “It’s a particular risk to those who own unoccupied property and it can be a mess to untangle, with complicated and lengthy court hearings. This legislation would create a process to validate a person’s identity when he or she files a title deed and other real estate and personal property records.”
More information:
rilegislature.gov/pressrelea…