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Subcommittee forms work group to study deed-fraud trends and protections for property owners
Summary
Members approved a substitute creating a work group to study deed fraud, examine causes such as notary fraud and owner impersonation, and develop recommendations for preventing fraudulent conveyances and protecting property owners.
The General Laws Housing Consumer Protection Subcommittee voted to adopt a substitute creating a multi-stakeholder work group to study deed fraud and to develop recommendations to prevent fraudulent conveyances.
Lawmakers said the practice of impersonating owners, preparing forged deeds and recording fraudulent transfers has grown as public land records and marketing platforms made vacant or abandoned parcels easier to…
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