486. Fraudulent dispositions affecting registered land.

Fraudulent transactions may occur in relation to registered land. The most common instance is where the registered proprietor's identity is stolen and the fraudster then mortgages or sells the property without the proprietor's knowledge. Proprietors most at risk are those who rent out their property or whose property is vacant1. Other property fraud involves dishonest parties posing as property professionals, in particular solicitors, by setting up bogus firms or fake websites linking to reputable firms. Using this front, the fraudster obtains either mortgage advances (by representing a pretend borrower) or purchase monies (by representing a pretend seller of the