Regulators are warning Utahns about a spate of bogus sales of vacant land.
(Leah Hogsten | The Salt Lake Tribune Utah is warning residents about fraudulent sales of vacant lands.say they know of at least 10 recent instances in which fraudsters have impersonated owners of empty acreages or vacant lots and listed the properties for sale on sites such as the online marketplace Zillow or with official brokerages.
With land often selling at a premium right now across Utah, these scams usually involve properties that are owned outright, a division spokesperson said, with fake owners often presenting themselves as living out of state and communicating only via text or email. It remains unclear whether public notaries are also involved in some of these schemes, which the warning said have rarely also involved vacant condominiums, or if fake sellers are presenting false identification to pose as real owners.
Even if prospective buyers do visit the property, the division added, there may be little sign the actual owner and the person listing the sale are not the same.• The seller does not reside in Utah and may claim to be living abroad.• The vacant land is being listed at well below market value.
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