California Real Estate Fraud Report

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30
Jun

California legislators want to make landlord fraud a felony

As if there weren’t enough real estate-related crimes for consumers to navigate, there is now “landlord fraud”, in which a person impersonates a landlord, usually to rent property he or she does not own to unsuspecting prospective tenants. Craig’s List has often been used by the phony landlords to attract their victims and it is not unusual for the criminals to “rent” the same house to numerous renters.

Out to deter those thinking of scamming would-be tenants, Assemblewoman Fiona Ma (D-San Francisco) and Assemblyman Curt Hagman (R-Chino Hills) have co-authored Assembly Bill 1800, which would elevate the crime of posing as a landlord from a misdemeanor to a felony. AB 1800 has already been passed out of Senate Public Safety Committee with a bi-partisan vote of 7-0.

If you are a renter, always ask a real estate agent to look up the title profile for a property to verify the ownership and the authority of the landlord before you hand over any money.

Read the full article in the California Chronicle.

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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