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This Florida couple bought a vacant lot for $17,500 — but now they’ve discovered they’re barred by law from building on the new property. ... they are still responsible for paying taxes on ...
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 ...
This technique was used notably by the Gulf American Land Corporation in the communities of Cape Coral and Golden Gate Estates, Florida (for which they were found guilty of fraud by the Florida Land Sales Board [7]). It was a form of confidence trick. The new owners came to find their land was underwater in a swamp or in some other way ...
The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it. ... congratulating him on the sale of his property for $200,000. ... a vacant property in a database ...
Chapter 197.4 (of Title XIV) of the Florida Statutes applies to tax lien sales which provide liquidity to counties in lieu of actual taxes (investors are allowed to bid on and purchase tax lien certificates, which upon payment of the tax are repaid with interest to the investor).
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.
Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000. However, the second $25,000 of homestead coverage does not apply to the school portion of property taxes, and only applies to the third ...
Foreclosure proceedings in courts nationwide have exposed a swamp of fraudulent documents, and in some cases -- though perhaps far too few -- those bad docs have sunk attempts by banks to take ...