THE REAL ESTATE SCAM – FAKE APARTMENTS FOR RENT

The Supreme Court has sentenced to 18 months in prison, plus the corresponding compensation, a person who made a false rental offer online for a home that was not his, pretending that it was in order to get a person to give him the acceptable price. transfer believing it was real.

It is assured by experts that the tense rental housing market encourages the increase in cyber scams and in terms of methodology, the National Federation of Real Estate Associations itself points out that the scammer enters portals and web pages and copies advertisements for rental properties using the logo to advertise them at a lower price, which causes people looking for a property to become affordable victims when the property price is higher, which is, in reality, what facilitates the existence of real estate cyber scam. Thus, the authors and collaborators of these real estate scams take advantage of the delicate situation of many people, who find it difficult to find a house to live in, to deceive them, which in many cases means aggravating the already vulnerable position of the victims, making them even more vulnerable.

The TS in the seriousness of these facts pointing out that: “The conduct of the appellant who has participated in the scam aimed at taking advantage of the need for housing that citizens have to rent properties in a context of rising prices in the rental market , so it is reprehensible from a criminal point of view to make offers on the Internet advertising properties for rent, when the reality is that the person who offers it on the Internet does not have that property for rent, nor does he have availability for it, Therefore, this use in a context of need for access to housing is an aggravated scam, and, as we say, reprehensible due to the use that exists among those who act in this way through the Internet, or other forums, to offer apartments for rent. to achieve financial enrichment and harm to people who demand a rental property at an affordable price.”

Thus, experts in the field highlight that “the rental housing market is the most vulnerable in the sector, both in the long-term rental market and the vacation rental market.”

Author: J. Escobedo

I am a member of the Tenerife Law Society since 1989 with a dedicated team for anyone who needs an immediate answer or long term solution to any practical or legal issues appertaining to any property or business investment in Spain. If you have decided to move to Spain to start a new life, whether that´s buying a property or a business, then you will definitely need the services of a good Spanish Lawyer who is fully conversant with Spanish protocol and who has a good command of the English language. I am based in the south of Tenerife and I am specialist in Property Law, Inheritance issues and taxes as well as Tenerife and Canarian law and a great deal more. ABOUT MY STAFF All my friendly and professional staff are fluent in English. We have been working for foreign clientes for over 30 years in Tenerife, providing legal advice and litigation services to all our clients investing throughout the whole of Spain and we pride ourselves on providing a high quality service to our clients in the form of clearer communication and advice.

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