What Are the Most Common Property Frauds in India? 10 Scams Buyers Should Know

Key takeaway: A document that looks genuine is not necessarily an authentic document.

2. Selling Property Without Clear Ownership

A seller may attempt to sell property without having the legal authority or complete ownership rights required for the transaction. This can happen through inheritance disputes, incomplete transfers, impersonation or unclear co-ownership.

Verify:

• Current owner
• Previous ownership
• Title history
• Co-owner rights
• Seller identity

Key takeaway: Always establish who legally owns the property before negotiating the purchase.

3. Selling the Same Property to Multiple Buyers

Multiple-sale fraud occurs when a property is promised or transferred to more than one buyer. A buyer may pay an advance or even receive documents without realizing another transaction or competing claim already exists.

How to reduce the risk

Cross-check registration records, ownership documents, transaction history and relevant property records before making substantial payments.

Key takeaway: Never assume that being the first person shown a property means you are the only buyer.

4. Fake or Misused Power of Attorney