Conveyancing fraud is a serious issue in Kenya and can result in substantial financial losses for buyers, sellers, and other stakeholders. Here are some tips and advice on how to deal with conveyancing fraud in Kenya:
- Conduct due diligence: Conduct due diligence on all parties involved in the transaction. Verify the identity of the parties and ensure that they are who they claim to be. Also, verify the authenticity of all documents presented to you.
- Use a reputable law firm or conveyancing professional: Engage the services of a reputable lawyer or conveyancing professional to guide you through the conveyancing process. They will advise you on legal requirements and help you avoid any potential fraud.
- Use secure payment methods: Use secure payment methods such as bank transfers or mobile money to avoid fraudulent transactions. Avoid using cash as it is difficult to trace and recover in case of fraud.
- Be wary of unrealistic offers: Be wary of unrealistic offers that may be too good to be true. Fraudsters may lure you with unrealistic offers to gain access to your personal information or money.
- Report any suspicious activity: Report any suspicious activity to the relevant authorities such as the police, the Law Society of Kenya, or the Kenya Revenue Authority.
- Check for encumbrances: Check for any encumbrances on the property such as mortgages or liens. Verify the authenticity of any documents presented to you.
- Conduct a physical inspection: Conduct a physical inspection of the property to verify its condition and to ensure that it matches the information provided in the title deed.
- Verify the title deed: Verify the authenticity of the title deed with the Land Registry to ensure that it is genuine and that there are no errors or discrepancies in the information provided.