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What I am trying to find out is; if any part of a real estate

What I am trying to...
What I am trying to find out is; if any part of a real estate Purchase Sales Contract is fraudulent, does the fraudulent act or acts committed in the written contract render the contract not a lawful contract, not enforceable by law, or avoided contract etc.?

OVERVIEW
1.In this Purchase Sales Contract the Seller was not the real party in interest, not the owner, having no authority from the owner to inter into a Purchase Sales Contract to sale the property. A Charity is the owner of the property that did not know the Seller or the thieves that were trying to steal the charity’s property and sale it using what the Title Company Report said to be a defective false deed that did not convey the title away from the charity, all parties in the escrow received this information while the escrow was still open. Is this a illegal escrow, or fraudulent escrow?
2.The Buyer did not disclose that he was the owner of the real estate company that was to receive a 5% commission from the sale of the property for representing the Buyer side,
3.The real estate agent representing the Buyer’s side; miss represented himself as being the Broker of the real estate company representing the Buyer side when he signed the Purchase Sales Contract as the Broker representing the buyer side, He was actually only a Salesperson working for the real estate company. The Buyer was the actual registered Broker/Owner of the real estate company. The Buyer was trying to steal thousands of dollars from the Seller by pretending to have a real estate agency representing him in the purchase of the property. I am wondering if this was a fraudulent act by the Buyer against the Seller that would also render the contract fraudulent.
4. What makes a contract Fraudulent? and can a fraudulent contract be lawful?

OVERVIEW
The property is owned by a California Charity and there was a attempted thief of the Charity's property. The thieves attempted to steal the property from the charity by executing, notarizing, and recording a defective false deed in the Los Angeles County Recorder’s Office as a gift to the Seller in escrow Mr. X. then the thieves were going to execute another gift deed and convey the property out of Mr. X name to a Nevada Corporation without Mr. X ever knowing the property was in his name. But before they could do it, Mr. X found out the property had been put in his name by one of the thieves that owed Mr. X a large sum of money, so Mr. X decided to sale the property.
Mr. .X listed the property with a real estate agency, the agency located the Buyer, And while Mr. X and the Buyer were in escrow the Title Company Report said that the deed that was recorded to Mr. X as the Grantee was defective and did not convey the title away for the Charity, it was defective because the deed recorded to Mr. X as the Grantee did not recite the same name that the Grantor received title to the property in. Therefore the property did not convey to the Grantee Mr. X. The buyer talked to the president of the charity and ask him to give Mr. X another deed with the correct name the charity received title to the property in. And the president told the Buyer that they knew nothing about the sale or who the person is that was trying to steal and sale the charity's property to him, and that the charity is going to filed a police report and they did. About six months later the charity received court documents that said the charity is being sued by the Buyer and is a defendant in court case BC xxxxx for Quite Title, Specific Performance, Negligence, Declaratory Relief, The charity answered the complaint, and the Court found the Buyer/Plaintiff’s case had No Merit and No Basis In Law against the Charity or its property and the Court said the deed recorded to Mr. X is Null and Void ab initio.
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7/2/2013
Irwin Law
Irwin Law, Attorney
Category: Business Law
Satisfied Customers: 7,474
Experience: 30+ yrs. representing small business, real estate, probate
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I appreciate the time you spent in describing this attempted swindle. Of course it is illegal to attempt to steal property by obtaining false deeds and other documents. Once the true owner, the charity found out about the deal and pulled the plug on it, the result was an attempted theft of property. It would appear that no one actually suffered a financial loss. I don't understand how any competent lawyer could have taken the case against the charity. It obviously had no merit. I don't quite understand what your interest is in the matter, but I can tell you that the answer to each question you have asked in the opening paragraph is "yes", the purchase agreement was voidable due to the fraudulent acts on the part of the seller.
I hope this Answer is helpful and that you will give it a positive rating. If you have any follow up questions please send back a Reply. You should consult a local attorney to verify that this information is accurate for your state. Thank you for using Pearl.com- Just Answer. We appreciate your business.
Irwin Law
Irwin Law, Attorney
Category: Business Law
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Experience: 30+ yrs. representing small business, real estate, probate
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Customer reply replied 4 years ago


Can you give me some case law etc to suport your answer.and what about the buyer act when his sales person signd the contract a being the broker for the real estat company repersenting the buyer, when he was only a salesperson working for the company repersenting the buyer, when the buyer was real the broker owner of the real estate company. was this a fraudulent action being taken vy the buyer to receive a 5% persent commission from his purchase.

You original question did not require case law, or I would not have spent the time answering it. There is no "Case law" in an are as broad and vague as the one you describe. The sales person and the broker should be reported to the CA real estate commission for violating their rules regarding signing sales contracts. In addition, unless you were personally a person who sustained financial loss from the attempted fraud by the seller, you have no right of action against anyone personally. Please enter a favorable rating at this point and I will be able to answer any follow ups beside presenting legal authority.

I hope that this information is helpful. Please click on a smiley face so that I will be compensated for assisting you. If you have a follow up question please send me back a Reply without entering any rating. Also, be sure to verify this information with a local attorney who is familiar with your local laws and procedures. Thanks again for using Pearl.Com- Just Answer. Your business is appreciated.

Irwin Law
Irwin Law, Attorney
Category: Business Law
Satisfied Customers: 7,474
Experience: 30+ yrs. representing small business, real estate, probate
Verified
Irwin Law and 87 other Business Law Specialists are ready to help you
Ask your own question now
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Irwin Law
Irwin Law
Irwin Law, Attorney
Category: Business Law
Satisfied Customers: 7,474
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Experience: 30+ yrs. representing small business, real estate, probate

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