How Do I Protect My Home From Deed Theft?
You may have seen commercials for companies offering software services to monitor your property’s title for a monthly fee. While the idea may sound appealing, it’s important to understand that deed theft is uncommon. The risk of someone stealing your property is low, and even if such a crime were attempted, it is not likely to hold up legally.
What is Deed Theft?
The process of deed theft involves a criminal forging documents and filing them with the county clerk’s office, potentially allowing them to try selling, mortgaging, or renting your home without your knowledge. Even if a criminal attempts to file a forged deed, they would likely face significant obstacles like being unable to secure financing or title insurance. In South Carolina, a forged deed should not hold up in court, and the rightful owner should ultimately be able to reclaim their property.
How to Safeguard Your Property
While deed theft is unlikely, there are still steps you can take to protect your home. Keep a close eye on your bills, mail, and property tax notices for any unusual activity. If you’re away or have a second home, make sure the property is properly maintained, or ask someone you trust to check on it regularly. For properties in rapidly growing areas like Bluffton, Charleston, and Hilton Head, staying vigilant is particularly important, though the likelihood of property theft remains very low.
South Carolina Property Alert Services
A simple and effective way to monitor your property is by signing up for South Carolina’s free Property Alert services. Several counties offer this service, which notifies you if a document, such as a deed or mortgage, is filed under your name. If a fraudulent transaction occurs, you’ll be alerted immediately.
Consider a Trust for Extra Protection
Another possible layer of protection is placing your property in a trust. This makes it more difficult for criminals to gain access, as they would need to prove they have authority over the trust before taking any action.
Why Act Now?
While deed theft is highly unlikely, taking precautions like using Property Alert services and considering a trust can help keep your property safe. For more information on property protection or estate planning options in South Carolina, contact an elder law firm today. Safeguard your home, your assets, and your peace of mind for a secure future.
