California Real Estate Fraud Report

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03
May

Can a House Have 2 Owners – Title Fraud Alleged

A mix-up in the recording of a property’s title has created headaches for the legitimate owner and an arrest for the Santa Cruz man who “sold” it.

Tom Decker and Maria McArthur purchased the Ben Lomond property as a second home. Decker is a real estate agent and placed the property into his Nevada LLC. After being away for several weeks, Decker and McArthur returned to find Daniel Judd living there and claiming to be the rightful owner, having purchased the property from Ray Tate.

Tate, whose father of the same name has had run-ins with the county over other properties he owns, had apparently been watching the Ben Lomond property, which had once belonged to members of his family. After seeing that there was no California Corporation with the same name as the Nevada corporation belonging to Decker and McArthur, Tate registered the new corporation and “sold” the property to Judd.

Tate, who claims he has done nothing wrong, will be charged with four felony crimes, according to the District Attorney’s Office, including attaining property by false pretenses and attempting to record a false document (the deed).

Read the Full Article in the San Jose Mercury News.

© 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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