Scam and fraud that both foreigner and Thais should beware of:
1. The owner of the land hands over the land deed as the guarantee for a loan without making a mortgage. Then the owner will inform the police that the land deed was lost and apply for the reissuance of a new land deed and mortgage it or use it to sell the land to another person. The purchaser has to make a lawsuit for the revocation of such new land deed and the person who accepted a mortgage or a new purchaser also have to make a lawsuit against the owner for the damages.
2. The owner of the land made a contract and already received full or a part of payment whether there is handing over the land or not. Then the owner will use the land deed to register the sale and purchase with another person.
3. The owner of the land deceives the purchaser by showing the wrong land because the real one is in bad condition such as far from the main road or far from the river. By showing the wrong land that have a better condition, the owner of the land can sell the land with higher price. Furthermore, some owner will go as far as moving the landmark pin from its own land to such wrong land in order to deceive you.
4. The conman falsely claims itself as the owner of the real estate project. The conman will use the other person’s land, pin down the false advertisement of the false project on such land, open a temporally sale office, deceive people to make a reservation and pay the deposit then run away with the money.
5. The owner of the housing development project breaks its promises advertised or stated to the customer such as the promise to use some specific part of its land to cut a road, build a park and playground but when the project is finished, the owner use such land for its own interest such as lease out or mortgage to the third party.
6. The conman deceives, steals or any illegal act to obtain the land deed and forge such land deed putting its name as the owner then uses it to sell the land or making a loan using it as a guarantee.
7. The conman deceives, steals or any illegal act to obtain the land deed and forge a power of attorney then sell the land on behalf of the owner. The conman may ask the land deed from the owner claiming to help the owner sell such land then forge the false land deed and return the false land deed to the owner instead of the real one.
8. The conman, in order to get the land deed, deceives the owner of the land to hand over the land deed and sign a blank power of attorney claiming to use it for ownership verifying at a land office then fills such power of attorney as for sale and purchase of such land.
