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For one thing, if the targeted property is vacant land, it can be months — or even years — before the real owner even discovers the fraud. Also, this type of scam is not a separate category in ...
When a man claiming to own a vacant Randolph, New Jersey, investment property called real estate agent Lisa Shaw last summer, she thought it would be the start of another typical real estate ...
Deed fraud has also frustrated regular property owners Scammers aren't just targeting the big fish. In 2023, William Gordon's vacant land in Arizona was sold to someone else without his knowledge .
The Interstate Land Sales Full Disclosure Act of 1968 (ILSFDA or ILSA or "Act") was an act of Congress passed in 1968 to facilitate regulation of interstate land sales, to protect consumers from fraud and abuse in the sale or lease of land.
The City of Oakland, California assesses an annual tax of $3,000 to $6,000 on vacant property. A property is considered “vacant” if it is “in use less than fifty (50) days in a calendar year,” and not subject to any of ten (10) exemptions. Oakland's vacancy tax, Measure W, was passed in 2018 with 70% voter approval.
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due. Various techniques may be used to ...
In 2022, the FBI received 11,727 real estate-related complaints with losses of over $396 million, an 86% increase versus 2020 levels.
Scammers will sometimes try to sell property they don't own. Here's what to know as a buyer, and how owners can protect their deeds in Monroe County. Real estate scammers try to sell vacant land ...