ARTICLE · 12 JANUARY 2023

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What Happens When Your Property Is Sold Without Your Knowledge Or Consent?

Walker Law

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Unfortunately, in January of 2022, this was a reality for two Toronto homeowners who were away on an extended business trip and returned home to discover their property was sold to new owners.

CanadaReal Estate and Construction

Unfortunately, in January of 2022, this was a reality for two Toronto homeowners who were away on an extended business trip and returned home to discover their property was sold to new owners. While the homeowners were away, two fraudsters impersonated the homeowners, obtained fake IDs, hired a real estate agent, and sold the home to new owners. Those new owners took possession, and the true homeowners did not find out about the fraudulent transaction until they returned home months later.

Real estate agents, sales persons, brokers, and lawyers among other professionals and entities, are required to authenticate and record the personal information of their clients. Despite these requirements, individuals may still find themselves victim of these fraudulent schemes.

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