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What Are the Most Common Property Frauds in India? 10 Scams Buyers Should Know
Property fraud, Property fraud prevention, How to avoid property fraud, Property verification, Property fraud check, how to identify fake property documents, property sold to multiple buyers, how to check if property is already sold, PropertyCibi, Property Verification Online
However, Property Verification Online should complement, not replace, document review, physical inspection and professional legal verification.
Common Mistakes Buyers Make
- Trusting the broker's word without independent verification
- Paying a large advance too early
- Checking only the Sale Deed
- Assuming a clean EC means everything is safe
- Skipping litigation checks
- Ignoring discrepancies in land records
- Failing to verify RERA details
- Not checking the seller's authority
Key Takeaways
- Property fraud can involve documents, ownership, transactions, developers, land and legal claims.
- Fake documents and multiple-sale schemes can create serious financial risks.
- Verify ownership before trusting the seller.
- Check EC, title, Sale Deed, RERA and relevant government records.
- Investigate litigation and physical property boundaries.
- Use Property Verification Online as part of a broader due-diligence process.
- When something doesn't match, pause the transaction and investigate before paying.
Frequently Asked Questions
What is the most common property fraud in India?
Common risks include fake documents, unclear ownership, multiple sales, Power of Attorney misuse, hidden encumbrances, impersonation, illegal construction, RERA-related misrepresentation and undisclosed disputes.
How can I identify fake property documents?
Compare documents with relevant registration, land, municipal and other official records. Look for inconsistencies in names, dates, property descriptions, registration details and signatures.
How can I check if a property is already sold?
Review relevant registration and ownership records and compare the seller's documents with official records before making a payment.
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