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Special Report on Fraud
Real Estate Fraud - you're the target
Date: Summer 2002
| Note: The Summer 2004 issue of LAWPRO Magazine updates and replaces our earlier Special Report on Real Estate Fraud (originally published in 2001). Click here to view the contents of the summer 2004 issue of LAWPRO magazine: The Many Faces of Fraud. |
Download the complete copy of "Special Report on fraud" (PDF format, size: 453K).
The new face of real estate fraud
The new face of fraud is sophisticated, organized and difficult to detect.
Diligence no match for determined fraudsters
In this composite scenario based on some of the real estate fraud claims he has seen, Sidney Troister of Torkin Manes Cohen Arbus LLP describes the sophistication of today's fraud, outlines some warning signs that lawyers should be aware of, and discusses the role of the Land Titles Register and Land Titles Assurance Fund in these types of frauds.
FLIP: When all that glitters is not gold
Robert J. Potts and Mirilyn R. Selznick of Blaney McMurty LLP examine the second category of disturbing new fraud claims: flip frauds which are often complicated by the complicity of the lawyer, and outline the warning signs of flip frauds.
The shapes fraud can take
LAWPRO Claims Examiner David Clark summarizes the tell-tale signs of some typical fraudulent schemes, provides tips on how lawyers can avoid getting caught in the fraudster's trap, and describes how to identify a fraudster.
About this publication
This Special Report on Fraud is published by practicePRO, the risk and change management initiative of the Lawyers' Professional Indemnity Company (LAWPRO). practicePRO provides lawyers with various tools and resources, in both print and electronic format, that assist the legal profession in adapting to the changing practice climate and adopting risk management strategies into law practice.
Visit www.practicePRO.ca for access to other practicePRO tools and resources.
Disclaimer
This publication includes techniques which are designed to minimize the likelihood of being sued for professional liability. The material presented does not establish, report or create the standard of care for lawyers. The material is not a complete analysis of the subject covered; readers are encouraged to conduct their own appropriate legal research.
July 31, 2010
Real estate and civil litigation transaction levies and forms are due for the quarter ended June 30, 2010.
- Transaction filing
• online forms
• pdf forms
