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A fraud examiner believes that a suspect might have used illicit funds to construct a commercial building to fit a restaurant. Which of the following records would be the MOST helpful in confirming the owner of the building?
Suggested Answer: C
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To confirm ownership of a building, real estate and permit records are most useful. The Manual notes that real property records and related permits identify the owner, provide legal descriptions, and show improvements such as construction of commercial buildings. Court or voter registration records would not typically establish property ownership.
14 comments · newest first
BI
Billy
4 days ago
I feel like B) Commercial filings might help too, especially for business ownership.
JI
Jin
9 days ago
True, but permits are specific to construction. More direct evidence.
MA
Margurite
14 days ago
But A) Local court records could also reveal ownership details.
TR
Tresa
19 days ago
Agreed, John. Those records show who applied for the permit.
YO
Youlanda
24 days ago
I think C) Building permit records would be the best choice.
SH
Shawnda
30 days ago
Surprised that commercial filings aren't the top choice!
GE
Geoffrey
1 month ago
Totally agree, building permits are key for this!
KA
Kaycee
1 month ago
Really? I doubt voter registration would be useful here.
NI
Nida
2 months ago
I think local court records could also help.
MO
Mozell
2 months ago
Building permit records usually show ownership details.
JA
Jani
2 months ago
I feel like voter registration records wouldn't be relevant here, but I can't recall why exactly.
AU
Audria
2 months ago
Local court records might help too, especially if there were any disputes or liens related to the property.
KA
Kanisha
2 months ago
I'm not entirely sure, but I remember something about commercial filings being important for ownership verification in similar cases.
MO
Moira
2 months ago
I think building permit records could be really useful since they usually list the owner and the purpose of the construction.