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But many victims of landlord scams aren't so lucky. This is reportedly a common scam in Detroit, a city decimated by foreclosures that left thousands of homes abandoned or with out of town landlords.
June Walker, 65, signed a rent-to-own lease on a three-bedroom bungalow in 2019 and spent the next two years fixing it up, paying $550 a month to a man who claimed to work for her landlord.
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An Estoppel Certificate (or Estoppel Letter) is a document commonly used in due diligence in real estate and mortgage activities. It is based on estoppel, the legal principle that prevents or estops someone from claiming a change in the agreement later on. [1] It is used in a variety of countries for commercial and residential transactions.
In property law, the American rule of possession states that a landlord is obligated only to deliver legal possession, but not actual possession, of a leased premises to a tenant. Thus, if a tenant arrives at a leased premises only to discover that it is still inhabited by a previous tenant who is holding over, or by squatters, it is the tenant ...
Based on mostly the same principles as the Nigerian 419 advance-fee fraud scam, this scam letter informs recipients that their e-mail addresses have been drawn in online lotteries and that they have won large sums of money. Here the victims will also be required to pay substantial small amounts of money in order to have the winning money ...