Real Estate Fraud

Definition of Real Estate Fraud as it relates to Real Estate, Real Estate Brokerage, Real Estate Laws

Real Estate Fraud involves deceptive practices in the purchase, sale, or leasing of real property. It is a violation of real estate laws and can occur at any stage of a real estate transaction. This can include misrepresentation of facts about the property, such as its condition or history, failure to disclose material defects, or manipulation of appraisal values. Real Estate Fraud can also involve illegal activities related to real estate brokerage, such as kickbacks, bid-rigging, or unlicensed practice. It is a serious offense that can result in criminal penalties, as well as civil lawsuits and damages.

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