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One key function of the State Asset Recovery Agency (SARA) is the prevention of corruption. In keeping with this mandate, the agency visited the offices of the administrative regions in the past few months to ensure that the assets of the State are being properly monitored and inventoried.

SARA Special Assistant, Eric Phillips

But the subsequent findings were just “startling”, says SARA Special Assistant, Eric Phillips.
During an interview with Kaieteur News, Phillips said that properties belonging to the State were willed to the children of officials. While he declined to provide names, Phillips said that this was found in several instances in almost all the regions.
Phillips said, “So this is what took place under the previous regime…We found that a lot of the appointees were appointed for particular reasons. But we have been able to correct this through inventories and working with the regions to say what is your asset base?
“Who is managing these properties and what is the status of it? By bringing order to this, we were able to find properties which the State didn’t even know belonged to it because there are instances where people renovated them and were living in them like it is their own.”
Philips said that SARA found cases where an agency would buy equipment which ended up in the hands of another entity and then it was being leased to the original purchaser. He said that this occurred with the Guyana Sugar Corporation (GuySuCo).
The official said that the State’s assets were essentially in “total disarray.”
Phillips said, “It was confusion and so we spent a long time in the regions correcting this and it saved us millions of dollars. We lost a lot of vehicles and equipment in the past because they were bought and not being inventoried. Vehicles and equipment were all over the place with different owners.
The SARA official said that proper systems for transparency and accountability are now in place. (BY KIANA WILBURG)

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 This fool Eric Phillips. How can someone willed a property he or she does not own. The deeds registry should have all the information regarding private and public property. Instead he should look at all those who are occupying Govt. owned houses for generations.

R
randolph posted:

 This fool Eric Phillips. How can someone willed a property he or she does not own.

That's the issue. That's why they're investigating. That's what the article is about - people willing property they don't own. How did you miss that?

A

Guyana laws which pass down from the generation when coolies/slaves live in logies state that if a person can show proof[which Guyanese can fake whatever is needed] that you live/occupied property for 12 years they can own it through prescriptive rights.

I sure the PPP bais got more than enough to proof that they occupied those properties for the 23 years they were running the cake shap…. 

sachin_05

"Freddii Kiisson is not of my race"

This says it all about the role of East Indian people in Guyana.

I say a sovereign Independent nation a must for our people, a sovereign independent nation will happen for our people and a sovereign nation will be for our people forever.

Prashad
Mr.T posted:
alena06 posted:

Another garbage article - how can you will something that is not yours.  Stupidity and lies continue.

It's not so hard to do in Guyana actually.

Some people seem to have no idea what goes on in Guyana. If a man could sell a house to three different people, deeds and everything, anything else could happen. Properties change hands in Guyana without the owners having any idea.

A
Mr.T posted:

The PPP eying up our oil now. They started giving away oil fields before the last election. Like Jagdeo and his croonies believe that Guyana belongs to them.

Can you provide specific information that evidence "They started giving away oil fields before the last election" ? 

K
antabanta posted:
Mr.T posted:
alena06 posted:

Another garbage article - how can you will something that is not yours.  Stupidity and lies continue.

It's not so hard to do in Guyana actually.

Some people seem to have no idea what goes on in Guyana. If a man could sell a house to three different people, deeds and everything, anything else could happen. Properties change hands in Guyana without the owners having any idea.

I heard of some such cases.

FM
randolph posted:

 This fool Eric Phillips. How can someone willed a property he or she does not own. The deeds registry should have all the information regarding private and public property. Instead he should look at all those who are occupying Govt. owned houses for generations.

He is in fact implying that state owned properties were snatched by corrupt PPP officials and are now in their wills. 

FM
Bibi Haniffa posted:

When a will goes through probate you cannot give away property which is not yours.  If it belongs to the government it will be seized immediately.

And if the property is "owned" by the decedent how will the probate process uncover this, unless an indepth audit is done to uncover that there was no evidence of a sale transaction, just a retitling of ownership.

That office is anyway highly corrupt and so the people responsible for probate can easily be paid off.

FM
antabanta posted:
Leonora posted:

I heard of some such cases.

It's an epidemic. People lose property overnight and have no idea what happened.

Exactly.  A "small" amount paid to a corrupt person and "ownership" is quickly changed.  Many overseas based Guyanese (and even elderly people living in Guyana) have discovered their properties stolen this way and had to engage in legal action to rectify the issue.

FM
caribny posted:
Bibi Haniffa posted:

When a will goes through probate you cannot give away property which is not yours.  If it belongs to the government it will be seized immediately.

And if the property is "owned" by the decedent how will the probate process uncover this, unless an indepth audit is done to uncover that there was no evidence of a sale transaction, just a retitling of ownership.

That office is anyway highly corrupt and so the people responsible for probate can easily be paid off.

Could your ignorance be because you never owned property and had gone through the probate process?  Just like your ignorant claim about indo passing themselves off as blacks to get entitlements. 

I know you are a little slow but I will spell it out. IF the decedent "owned" the property then how did the deed get in their name? Fraud is one matter but a trail is always there that can cause any illegal gotten property to be reverted back to the rightful owner, the govt in this case. 

FM

In Toronto, Canada, there are cases where a property has no mortgage, a thief having the owner's personal information can register a loan or mortgage against that property and sometimes transfer title of that property without the rightful owner's knowledge. So to protect  from such fraudulent behaviour one takes out Title Insurance.

K
Drugb posted:
caribny posted:
Bibi Haniffa posted:

When a will goes through probate you cannot give away property which is not yours.  If it belongs to the government it will be seized immediately.

And if the property is "owned" by the decedent how will the probate process uncover this, unless an indepth audit is done to uncover that there was no evidence of a sale transaction, just a retitling of ownership.

That office is anyway highly corrupt and so the people responsible for probate can easily be paid off.

Could your ignorance be because you never owned property and had gone through the probate process?  Just like your ignorant claim about indo passing themselves off as blacks to get entitlements. 

I know you are a little slow but I will spell it out. IF the decedent "owned" the property then how did the deed get in their name? Fraud is one matter but a trail is always there that can cause any illegal gotten property to be reverted back to the rightful owner, the govt in this case. 

the probate process is not inclusive of validating ownership. It merely confers authority on who manges and who get what per the wishes of the decedent . 

As a low life you again delve into racist tropes to make a statement which turns out to be bunk as usual. 

Did you once not tell the board it was impossible for banks to be scammed electronically? Well as you possibly come to know by now it happens. Similarly, fraudsters can fabricate ownership. When they die, those assets get passed on the heirs. Many rich people became rich by fraud. 

Also, every time someone steals your identity, for example,  that is exactly what they do. 

FM
Stormborn posted:
 
 

the probate process is not inclusive of validating ownership. It merely confers authority on who manges and who get what per the wishes of the decedent . 

As a low life you again delve into racist tropes to make a statement which turns out to be bunk as usual. 

Did you once not tell the board it was impossible for banks to be scammed electronically? Well as you possibly come to know by now it happens. Similarly, fraudsters can fabricate ownership. When they die, those assets get passed on the heirs. Many rich people became rich by fraud. 

Also, every time someone steals your identity, for example,  that is exactly what they do. 

Before ah was joking about howard, but ah being to wonder if is there is not some truth to the education there.  If you ever go through the deed process you would know that it is reversible if govt state their claim to the land. And if fraud was indeed used to pass on ownership illegally, the buyers would lose corn and husk should the govt pursue the matter legally. 

FM
Drugb posted:
Stormborn posted:
 
 

the probate process is not inclusive of validating ownership. It merely confers authority on who manges and who get what per the wishes of the decedent . 

As a low life you again delve into racist tropes to make a statement which turns out to be bunk as usual. 

Did you once not tell the board it was impossible for banks to be scammed electronically? Well as you possibly come to know by now it happens. Similarly, fraudsters can fabricate ownership. When they die, those assets get passed on the heirs. Many rich people became rich by fraud. 

Also, every time someone steals your identity, for example,  that is exactly what they do. 

Before ah was joking about howard, but ah being to wonder if is there is not some truth to the education there.  If you ever go through the deed process you would know that it is reversible if govt state their claim to the land. And if fraud was indeed used to pass on ownership illegally, the buyers would lose corn and husk should the govt pursue the matter legally. 

who is talking about reversibility and the potential for problems of the inheritors? Is that not what they are finding our now their inheritance is being questioned? If in the US there are property crimes what about Guyana where theft of property is scandalous already. The thread concerns the idea that crooks willed property illegal gotten to their children. There is no disputing the statement on the possibility that it can't happen. Any other statement is a digression and any other claims to repudiating this because you got better schooling is also bunk

FM
Last edited by Former Member
kp posted:

In Toronto, Canada, there are cases where a property has no mortgage, a thief having the owner's personal information can register a loan or mortgage against that property and sometimes transfer title of that property without the rightful owner's knowledge.

So to protect  from such fraudulent behaviour one takes out Title Insurance.

Are you sure that's what Title Insurance for ?

Django
Django posted:
kp posted:

In Toronto, Canada, there are cases where a property has no mortgage, a thief having the owner's personal information can register a loan or mortgage against that property and sometimes transfer title of that property without the rightful owner's knowledge.

So to protect  from such fraudulent behaviour one takes out Title Insurance.

Are you sure that's what Title Insurance for ?

I am sure, it's in my line of business.

K
Stormborn posted:
Drugb posted:
Stormborn posted:
 
 

the probate process is not inclusive of validating ownership. It merely confers authority on who manges and who get what per the wishes of the decedent . 

As a low life you again delve into racist tropes to make a statement which turns out to be bunk as usual. 

Did you once not tell the board it was impossible for banks to be scammed electronically? Well as you possibly come to know by now it happens. Similarly, fraudsters can fabricate ownership. When they die, those assets get passed on the heirs. Many rich people became rich by fraud. 

Also, every time someone steals your identity, for example,  that is exactly what they do. 

Before ah was joking about howard, but ah being to wonder if is there is not some truth to the education there.  If you ever go through the deed process you would know that it is reversible if govt state their claim to the land. And if fraud was indeed used to pass on ownership illegally, the buyers would lose corn and husk should the govt pursue the matter legally. 

who is talking about reversibility and the potential for problems of the inheritors? Is that not what they are finding our now their inheritance is being questioned? If in the US there are property crimes what about Guyana where theft of property is scandalous already. The thread concerns the idea that crooks willed property illegal gotten to their children. There is no disputing the statement on the possibility that it can't happen. Any other statement is a digression and any other claims to repudiating this because you got better schooling is also bunk

Not sure what is your beef with my views on this. My family had property that was lifted illegally, so I am well aware of the potential of this and how easily it can be accomplished. Lifting govt property is an entirely different story, so it is troubling that pnc was not able to repossess pradoville and other govt lands that they claimed was illegally obtained by ppp operatives. If indeed it was true, there are simple investigation, tracing back the deeds and other documents that can result in overturning ownership in the case of fraud. 

FM
kp posted:
Django posted:
kp posted:

In Toronto, Canada, there are cases where a property has no mortgage, a thief having the owner's personal information can register a loan or mortgage against that property and sometimes transfer title of that property without the rightful owner's knowledge.

So to protect  from such fraudulent behaviour one takes out Title Insurance.

Are you sure that's what Title Insurance for ?

I am sure, it's in my line of business.

So you saying  one can buy one time and life time Title Insurance  at closing ? google said not required in Ontario.

Link to document on title insurance in Ontario

https://www.fsco.gov.on.ca/en/...ments/undstitins.pdf

Django
Last edited by Django
Django posted:
kp posted:
Django posted:
kp posted:

In Toronto, Canada, there are cases where a property has no mortgage, a thief having the owner's personal information can register a loan or mortgage against that property and sometimes transfer title of that property without the rightful owner's knowledge.

So to protect  from such fraudulent behaviour one takes out Title Insurance.

Are you sure that's what Title Insurance for ?

I am sure, it's in my line of business.

So you saying  one can buy one time and life time Title Insurance  at closing ? google said not required in Ontario.

Link to document on title insurance in Ontario

https://www.fsco.gov.on.ca/en/...ments/undstitins.pdf

If read carefully, it states that buying Title Insurance is optional, your lawyer may advise.

K
Leonora posted:
antabanta posted:
Mr.T posted:
alena06 posted:

Another garbage article - how can you will something that is not yours.  Stupidity and lies continue.

It's not so hard to do in Guyana actually.

Some people seem to have no idea what goes on in Guyana. If a man could sell a house to three different people, deeds and everything, anything else could happen. Properties change hands in Guyana without the owners having any idea.

I heard of some such cases.

People hear a lot of things that are false and dangerous. Some people heard stuff that caused human beings their lives. Be careful what you hear and say.

FM
Last edited by Former Member
kp posted:
Django posted:

So you saying  one can buy one time and life time Title Insurance  at closing ? google said not required in Ontario.

Link to document on title insurance in Ontario

https://www.fsco.gov.on.ca/en/...ments/undstitins.pdf

If read carefully, it states that buying Title Insurance is optional, your lawyer may advise.

True,

The purpose for Title Insurance is protection, I have learnt this 20 yrs ago when doing my first Real Estate Transaction, I questioned every detail of the closing cost.

Some of the information i gathered from personal research at the then time. Django always inquisitive.

https://www.investopedia.com/t.../title_insurance.asp

How Title Insurance Works

A clear title is necessary in any real estate transaction. Title companies must do a search on every title in order to check for claims or liens of any kind against them before they can be issued. A title search is an examination of public records to determine and confirm a property's legal ownership, and find out whether there are any claims are on the property. Erroneous surveys and unresolved building code violations are two examples of blemishes that can make a title "dirty."

Title insurance protects both real estate owners and lenders against loss or damage occurring from liens, encumbrances, or defects in the title or actual ownership of a property. Unlike traditional insurance, which protects against future events, title insurance protects against claims for past occurrences.

A basic owner's basic title insurance policy typically covers the following hazards:

 
  • Ownership by another party.
  • Incorrect signatures on documents, as well as forgery and fraud concerning title documents.
  • Defective recordation (flawed records or record-keeping).
  • Restrictive covenants (terms that reduce value or enjoyment), such as unrecorded easements.
  • Encumbrances or judgments against property, such as outstanding lawsuits or liens.
Django
Last edited by Django
skeldon_man posted:

People hear a lot of things that are false and dangerous. Some people heard stuff that caused human beings their lives. Be careful what you hear and say.

Do you have reason to doubt allegations of real estate property changing hands without the owners' knowledge?

A

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