Recent news stories have highlighted the dangers of real-estate title fraud, which take place when fraudsters or scam artists steal ownership of a home in order to benefit from its value. So, what is title fraud and how can you prevent it from happening? Take steps to protect your identityStealing a person's identity is often the first step in title fraud. © Shawn Benjamin/CBC Realtor Varun Sriskanda says getting title insurance can protect homeowners from the consequences of real-estate title fraud. Preventing title fraud by rentersHomeowners who rent their homes to tenants could be at a higher risk of fraud because the tenants have physical access to the home.

Source: CBC News January 13, 2023 16:14 UTC