Tuesday, December 2, 2008

Land Title Deeds - Dont Give Copy to Unreliable Brokers

Recently, a friend of mine complained about forging of the signature by brokers and creating Power of Attorney to sell the land without the knowledge of real owner. This is a very serious case very often reported in Bangalore.

The crooks behind this are real estate brokers. They collect photo copies of title deeds from the unsuspecting owners and manipulate the documents by creating a Power of Attorney and then sell the land to innocent buyers.

Therefore, I advice people not to give even photocopy of their title deeds to brokers and thereby get cheated. Be very careful. Always insist for one to one meeting in the presence of your lawyer/property advisor.