Results for: Homeowner Protection

The Ontario government is introducing legislation to eliminate the ability for people to place Notices of Security Interest (NOSIs) for consumer goods on the land registry system. NOSIs have been fraudulently used to scam homeowners, and the new legislation aims to protect residents from this type of deception. The proposed bill also includes a mandatory 10-day cooling-off period for the purchase of new freehold homes, public disclosure when builders cancel purchase agreements, and an expansion of the Condominium Authority Tribunal’s jurisdiction over disputes.

New York lawmakers have enacted a law to protect property owners from squatters after a homeowner was handcuffed for changing the locks on a squatter in her Queens home. The new law specifically excludes squatters from tenant protections, making it easier for police to intervene in squatting cases. The law was prompted by the case of Brian Rodriguez, who allegedly commandeered and subletted a home in Queens and summoned police to detain the owner after she tried to change the locks. The subsequent press coverage and public outcry led to at least four lawmakers penning legislation to protect homeowners from squatters.

New York homeowners have gained more protection against squatters after a recent legal battle in Queens. Two squatters allegedly took over a $1 million home, leading to the homeowner being handcuffed and removed from the property after she tried to change the locks. This incident sparked outrage and prompted lawmakers to enact a new law that excludes squatters from tenant protections. The law makes it easier for police to intervene in squatting cases, providing relief to homeowners who have faced months or years of legal battles.

Homeowners beware: a new fraud scheme is targeting your property using quitclaim deeds. Criminals are manipulating or forging signatures to steal the right to a property, often targeting senior citizens and those living in senior communities. Despite widespread use, victims have limited options after the documents are signed. Follow these tips to protect yourself: check property records, avoid transferring ownership to mortgage assistance companies, regularly check your credit report, review insurance terms, and contact authorities if you suspect fraud.