It is come to our intention that the recent purchaser of a property who paid the outstanding arrears on that property now intends to pass all those costs on a second time to the next buyer (no doubt to enhance his profit.) They are requesting the company furnish documents to assist in this.
Firstly, I assume that I am correct in saying that this is potentially both an illegal and fraudulent act? Once arrears or a service fee is paid you cannot just keep pasing them along the line to others during the next sale.
What is the procedure for dealing with this? Would the PSRA deal with this?
Firstly, I assume that I am correct in saying that this is potentially both an illegal and fraudulent act? Once arrears or a service fee is paid you cannot just keep pasing them along the line to others during the next sale.
What is the procedure for dealing with this? Would the PSRA deal with this?