Avoid Fraud In Real Estate Business

Avoid Fraud In Real Estate Business
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The problem of fraud committed by housing developers against their consumers is still common. Among them are related to what actions can be taken if the developer does not fulfill their promise, the following is the attitude that can be taken to the mortgage lending bank regarding the obligation to pay home installments. To answer this question, there are only two ways to resolve cases like this with the help of real estate attorney santa ana, there are civil law and criminal law. If the consumer wants his money back (possibly not 100%), then a civil case can be done. The first step is for the consumer to give a subpoena to the developer, then submit the case to the local District Court.

A summons is a warning or reprimand so that the debtor performs at a time specified in the subpoena letter. The debtor is negligent if he by a warrant or with a similar deed has been declared negligent, or for the sake of his engagement if this stipulates that the debtor must be considered negligent with the passage of the specified time. As for the criminal law, consumers can complain to the police station on charges of fraud. Collect accurately written evidence, and make one of the development staff a witness in this case. Unfortunately, the settlement of criminal law often encounters many obstacles and rarely gives satisfactory results. Developers who do not build housing units according to the provisions and building specifications contained in the brochure can be sued based on default.

Businesses (in this case developers) who violate these provisions are threatened with a maximum penalty or a maximum fine. Another criminal threat for developers who build housing that does not comply with the agreed criteria, specifications, and requirements is also regulated concerning housing and settlement areas. In addition to sanctions in the form of fines, developers can also be subject to administrative sanctions of the Housing Law. The sanctions range from written warnings, revocation of business licenses, to site closures.