Title Fraud
Title fraud occurs when someone illegally transfers the ownership of a property without the owner's knowledge or consent. This can happen when a fraudster forges documents or uses stolen personal information to create a false title. The victim may only discover the fraud when they receive notices about unpaid taxes or when someone tries to sell the property.
To protect against title fraud, property owners should regularly check their property records and consider purchasing title insurance. This insurance can help cover losses if someone fraudulently claims ownership of their property. Awareness and vigilance are key in preventing this type of fraud.