How to Identify Fake Sale Deed, How to Identify Fake Property Documents | Property Documents Checklist
Dealing in the process of buying real estate property is a big thing as it involves a huge sum of money, time, contracts and faith on the seller. But before getting into any deal you must verify it;read the contracts before signing it, it can be fake. You have to be alert at every step of the contract. You have to ensure your security yourself in dealing with the property, conduct your own due diligence. There are so many people who don’t know How to Identify Fake Property Documents.
It is always the best way to consult real estate professionals while buying a property. They can introduce you with the terms and conditions you should know while dealing in the property. Real estate professionals can easily teach you how to deal with fake documents.
The sale deed is the document provided by the seller in favor of the buyer in the process of property dealing. Given below is the process related to the How to Identify Fake Property Documents.
Few things you must keep in your mind while conducting your due diligence:
- Original Certificate of Title: The original title which is required in the “Register of Deeds”.
- Owner’s Duplicate Copy: An exact carbon copy of the original certificate of Title given to the property owner.
- Transfer Certificate of Title: When title is transferred to the owner to buyer then the original owner’s duplicate copy must be the same as the Transfer Certificate of Title.
- Judicial Forms: There are most of the government forms used in conducting the transacting with number series. There are different kinds of judicial forms.
04 Ways for How to Identify Fake Property Documents:
With the help of these 04 ways you can check whether your documents are fake or not. These are the guidelines based on the real and fake given by land registration authority. There are 04 ways which will guide you related to How to Identify Fake Property Documents. The 04 ways are as follows:
Check the Material of the Paper:
The first thing you can do to identify whether documents are fake or real is check the paper physical appearance. This is the first step you can take towards identifying fake or real documents.
The Bangko Sentral ng Pilipinas (BSP) has the authority and responsibility of printing judicial forms. These papers are used in the process of property dealing. For printing these papers they use special paper material made up of 50% cotton and 50% chemical wood pulp along with artificially colored silk fibers. So one could check through the physical appearance of paper and can easily identify it.
. With the help of this step you can easily detect the paper material. So go through the paper material and identify its identity.
Look at the initials, signatures, technical description, annotation and various other important elements at the front and back of the copies. They have to be the same in each and every page,if you find any difference in them, then be suspicious.
Check them briefly and look at every detail information, signature and descriptions. If you have any doubt on it you better must stay alert through the dealing process. The signature and information must be the same in every copy, but if you find any difference in that you must check it.
Check the Number Series:
Look at the number series of the paper. The paper printed by judicial forms have red number series while the fake or duplicate document have black number series. The serial number must follow the series from the Registries of Deeds where it should be started.
From this you can easily identify whether the documents are fake or real.
Go Through the Dates:
There is always a number assigned to the judicial form placed on the upper left-hand corner of the form. The number stated below is the number of the year when it was printed or revised. If the judicial form is prepared before the date when it was printed then you should start investing in the dealing process. You must be very careful while signing the dealing process and go through these steps.
Look at the Title and Seal:
The duplicate or fake document must consist of the words OWNER’S DUPLICATE CERTIFICATE on the left hand side of the margin of judicial form. On the left corner of the form there must also a red seal which will not stain when wet. The original copy does not contain any of these features. One must carefully look at the copy.
Look at the Title Number:
Look carefully at the last two digits of the title number and it should match with the registration book of the page number stated on the upper right corner of the title. If these numbers are not same then you must question the reality of the paper and don’t go ahead with the dealing process.
Check the Reconstituted Tags:
A title needs to be reconstituted when it is lost or destroyed. An original copy which is being reconstituted has letters “RO” before the number of titles while the reconstituted transfer certificate contains the letters “RT” before the number of titles.
You can look at these reconstituted tags carefully in order to identify the paper. These small details can help you to be secure with your dealing process.
Check the Entry in the Books:
Look at transaction entry in the primary entry books to check whether the title is being issued on the basis of duly registered documents, it must be issued on the basis of registered document and contain all the necessary details with itself.
Go Through the Enumeration Book:
The enumeration book is the same as the logbook: check the book carefully to look what personnel was assigned to prepare the title on the particular date and also check the series of the number in the judicial form which was used.
Get the Information About the Releasing Book:
look at the releasing book carefully and check whether there was a title of such number which was being released by the registry on the particular date.
Go through the history and get informed about the necessary details. Check the mother title, other titles and the relevant documents.
The above following steps are the guidelines for you so you can be aware of the certain traps. You can also learn How to Identify Fake Property Documents. Hence, people nowadays can safely look ahead towards the dealing process.
An individual must be concerned about these steps and must follow them in order to be aware of the malpractices. Be careful while dealing through the property and must go through these steps for once. A “buyer must beware” while making a deal in the property. These were the measures by which an individual can learn How to Identify Fake Property Documents.