Proof of sanity is just as essential as obtaining proof of purchase in Moscow’s fraud-prone real estate housing market. Since Soviet-era laws historically favor homeowners, sellers can undo a home sale by claiming they were drunk or temporarily insane — a practice that’s become a mainstay for many fraudulent plots in the Moscow real estate market, according the New York Times. In one scheme, homeowners and real estate agents would sell the house, pocket the […]
source https://therealdeal.com/2018/12/29/how-moscows-rampant-real-estate-fraud-preys-on-sanity-literally/
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