Council Member Narcisse on flagging suspicious ownership transfers and deed fraud
Narcisse asks what role DOF plays in flagging suspicious ownership transfers. Commissioner Lee says statutorily DOF cannot prevent deed recordings meeting legal requirements, and hopes for state legislation to provide more authority. Shear adds that property owners can sign up for a notification program alerting them when deeds are recorded against their property.
You know, I heard my deputy speaker was talking about the D-DEF, right?
Homeowner has specifically the seniors.
What role does finance play in flagging suspicious ownership transfer?
And is it enough?
What do you do from your office?
Like if you realize it's a suspicious transfer.
So, statutorily, right now we don't have an ability to, if a person is recording a deed, if they are meeting all the
legal requirements, then we actually can't prevent that from happening.
This is one of the legislative fixes that we're hoping to see in the state level to give us a little bit more authority in those cases.
Thank you.
Chair, one more time.
I'm sorry.
We also urge property owners to sign up for our notification program.
So that way they come to us, they give us their mailing address or their email address.
And if there's a deed recorded against their property, we will notify them.
And I want to say thank you to you, too, because your team has been coming to my office to help me out.
And thank you for the work you're doing.
But whatever it knew, I want to know about it because I want to help.
Knarsey area happened to be having the highest of foreclosure indeed they're following so I just want to make sure I help out on that one