Baoriat Real Estate Limited

Over the years, property fraud in Kenya has been rampant. Property fraud is defined as the act of stealing property. For instance, a fraudster could forge a document to convince a mortgage lender that he or she owns the property and mortgage your property without your knowledge . One of the primary elements that heavily affects property buyers and property owners as well is property fraud. It’s time that we should all be aware of different forms of property fraud and learn how to prevent being victims of this kind of evil that is in real estate industry. These forms of property fraud are; Foreclosure relief (Foreclosure fraud) Foreclosure fraud/ relief happens when a property buyer experiences difficulties in making mortgage payments. To exemplify; a fraudster approaches a property owner with issues concerning his or her mortgage payment. Afterwards, he goes extra miles and offers loans and monthly payment schedule that is relatively at a lower price for the transfer of the propert...

Agricultural land for sale. Whilst property fraud comes in various guises, here in Kenya, there are several instances where land owners have had their property fraudulently sold without their consent. Dishonest solicitors, false witnesses, forged signatures in land transfer deeds are the usual ingredients in the mix for property fraud in our country.  Baoriat Agencies    has therefore compiled this awesome piece to enlighten you on how to avoid being a victim of land fraud when buying property in Kenya. 1. Be conversant with your land agent. Knowing your agent or broker is one of the ways to curb land fraud in Kenya. Ensure that the very first person you contact before purchasing your property is the land agent of that particular property. Ask for copies of their proper identity like confirmation of their registration with Real Estate Agent Board and national identification card just to be sure that you are dealing with the right people. 2. Know the land owner/ sell...