What are the most common fraud schemes in the sale of apartments on the secondary market today?
Recently, sales of real estate objects, which actually do not exist, have become more frequent. Fraudsters fake documents, register a section of apartments or other illegal actions "create" a phantom virtual object. Later they sell an apartment on the 10th floor in a 9-story house or an apartment at number 21, although in fact the numbering of apartments in the house ends with the number 20. Also, the scheme of illegal possession of legal documents and the passport of the seller, with the further gluing of the photo and the sale of the apartment to the unsuspecting buyer. It is not possible to determine the identity of a passport to a specific person. Fraudsters use a passport that is not listed in the register of lost and, therefore, neither you nor the notary will understand that the photo was skillfully glued and really before you the criminal, and not the owner of the apartment. During the legal examination we eliminate the risks of acquiring air rights, provide thorough check of the information contained in the documents provided by the seller, check them with the actual data of the real estate object, and check the identity of the seller.
The transaction is carried out by a notary public who checks everything, why should I pay for an additional check?
According to the law, when an agreement of sale and purchase is notarized, a notary only guarantees the fact that the current transaction has been completed in accordance with the requirements of the law and by those persons who entered into the agreement. The notary is not interested in and doesn't bear responsibility for the fact what happened before this transaction and on what basis the seller acquired ownership. Our legal examination service is fundamentally different from what a notary public does. We collect and analyze all possible information about the real estate item, its current and previous owners, possible hidden risks. As a result, you get an opinion with conclusions and recommendations for making an informed decision on the acquisition of the real estate item. If you are still in doubt, think that fraudsters are well aware that the transaction will be held by a notary and are preparing for this. The agreements of all those people who suffered from scams or dishonest sellers and subsequently lost their apartments and the money were signed in the notary's office.