Police say Toronto homeowners who were away on an extended business trip discovered their home was sold without their consent or knowledge.
Toronto police are now looking for two people they allege impersonated the homeowners, hired a real estate agent and listed the Etobicoke property for sale. The home was sold to new owners who took possession. Investigators say the legitimate homeowners never found out their property had been sold until several months later.
There is a possibility that, a person with access to the land registry system, transferred the title from the present homeowners to someone else, illegally.
The land registry system, is administered and owned by Teranet on behalf of the Ontario government. Real estate lawyers and others who are authorized to transfer titles and sell houses have access to it through specific keycodes.
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