We have written about property fraud prevention before. As you may know, anyone can go down to the courthouse and record a deed that could significantly impact your property. Sometimes, you may have to file a quiet title action to cancel or get rid of the fraudulent deed. A quiet title is a lawsuit that can cost several thousand dollars. Fulton County has initiated a new tool to help those who own real estate in Fulton County. It is called COSMC – R.E.A.A.C.T. I know, a mouthful. At least part of that stands for Real Estate Activity Alert and Contact Tool.
You can go to the Fulton County Clerk’s website to register and create an account. Once an account is created, you can identify your properties in Fulton County. In theory, if there is activity regarding your property, you will receive an alert by text or email.
While registering your property will not necessarily stop someone from filing a fraudulent deed, at least you will have notice. Many folks do not find out about fraudulent deeds until they try to refinance or sell their property. Believe us, it is no fun having your house under contract but, just before the scheduled closing, finding out from a buyer that there is a problem with your title.
We encourage you to take advantage of this free service offered by the Fulton County Superior Court Clerk’s Office.