Director General of Department of Lands Issued a warning to beware of fraudsters using fake "land title deeds" to deceive loans and accept land title deeds, pointing out that they can't do it without legal consequences. must be mortgaged only If used as collateral for loans

  "Deed of Land", one of the documents certifying the utilization of state land that can be legally traded, transferred, creates wealth and stability for the holder and can be used as collateral for a mortgage to access cash flow expansion in the implementation of various activities but vice versa

Provincial land offices/multiple areas Especially in the northeastern region, it was found that loans were released to the people by taking the land title deeds of people who asked for a loan. keep as collateral At the same time, some people advertise that they accept land title deeds. Deals a wide area of damage as a result.

Chayawut Chandra, Director-General of the Department of Lands clarified that the use of land as collateral for loans According to the Civil and Commercial Code The property must be pared with the competent official, that is, to register with the land official at the land office. The mortgage will have a fee of 1% of the loan amount.

The creditor will be liable to pay tax on the loan being issued. This nature may be that the pledge of the title deed may be unaware. Or some pawnbrokers may not want the hassle of running a business that must mortgage in front of the owner.

That part is something to prove. which when a mortgage with a land officer The Land Office will examine the land title deeds. This will make it impossible to bring a fake land title deed to do transactions, which will not be difficult to find that it is a fake title deed.

Director General of Department of Lands went on to say that in such cases, the investigating officer has coordinated with the authorities which the Department of Lands Has ordered the provincial land officer / branch Take the title deed of that land for inspection. From the examination of the expert staff, it was found that the said land title deed was very close to the real thing. If you're not an expert, you won't be able to see it. Therefore, I would like to inform the people of the people. various stores companies

that operates to release loans Whether it's a company or an individual, be careful. If an entrepreneur accepts a pledge, there will be a Pawn Shop Act of the Department of Provincial Administration. The local sheriff is responsible for the registration of legal pawn operators. take this opportunity Public relations to the people's brothers and sisters know.

Director General of Department of Lands concluded that Preparation of land title deed form for issuing a document of title to the owner of the land The Department of Lands will prepare a form of land title deed printing. In one plot of land, there will be 2 copies, we call it 1 duplicate, where one copy is a colorless Garuda. but will write on the side that land office edition

Another copy will be a colored Garuda. For the owner of the land to hold, these 2 editions will contain details about the land, everything matched. Whether it's a plot of land, the name of the holder, the deed number, everything will have the same message, so to prevent being deceived. Because nowadays, criminals come in many forms. That you will do transactions on land, whether it is a mortgage.

directly pledged as collateral and wondering if the land title deed received is real or not You can bring it to the land office. The staff will be able to verify that both documents are correct or not. Or you can call to ask for advice directly with the Printing Division, Department of Lands, telephone 0 2448 5711.

Source:https://www.thansettakij.com/real-estate/556064

Date 13/2/2023