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Another Alert for Homeowners: Red Flags that Someone May Have Forged Your Deed

By Neil Shous, Esq.

Forging deeds has, unfortunately, become quite common in California. People forge property deeds over to themselves and then record?or attempt to record?the deed to claim ownership of the property. This type of fraud is serious?forging deeds not only wreaks havoc on the lives of those who truly own the property, but it also subjects the forger to severe penalties. Take, for example, a case that was filed earlier this year, where a man from San Francisco was charged with 16 felony counts based on his alleged fraudulent transfer of a woman?s three condominiums to himself. As reported, the defendant forged the deeds, filed them with the assessor?s office, obtained title to the $7.5 million in properties and then took out $2.2 million in loans against the properties...continue to full post

Full post as published by California Criminal Defense Blog on December 07, 2010 (boomark / email).