Tennessee (AFP) – A Texas woman has been charged with illegally selling $3.2 million in property without any paperwork, according to a police report.
Travis County District Attorney Kevin Harris said the 32-year-old woman was arrested in March on a felony count of real property transfer without a registered owner and felony counts of sale of stolen property and illegal use of a vehicle.
“This is an important criminal case for our office and the community,” Harris said in a statement.
“We will continue to work with the Department of Justice to hold the woman accountable and ensure justice is served.”
The complaint said the woman sold a home on a 2.5-acre property in the Dallas suburb of Katy for $2.4 million in July 2017, and another home in the town of Spring Hill, Texas, for $1.5 million in June.
The sale was done with the help of a broker, who was paid $1,600 for the sale, according the lawsuit.
Harris said the two properties were listed as “associations of friends”, which means the woman had never sold them before.
“It is important that we are clear what we are dealing with here and what is being done here to hold this person accountable,” he said.
“The person who is alleged to have violated this law is a registered agent, a person who has a license to transact real property, but the law doesn’t require them to provide any documentation to do so.”
In a statement to The Associated Press, Harris said: “It is unfortunate that a Texas woman, with no real estate experience, sold homes for money without any documentation and without a proper deed.”
Real estate fraud is an insidious practice that steals from individuals who are just trying to get ahead.