(a) A person commits the crime of fraudulent sale or lease of residential real property if, with intent to defraud, he or she does either of the following:
- (1) Lists, advertises, or causes to list or advertise residential real property for sale knowing that he or she or the purported seller has no legal title or authority to sell the property.
- (2) Rents, leases, or causes to rent or lease residential real property to another person knowing that he or she or the purported lessor has no legal ownership or other authority to lease the property.
- (b) Fraudulent sale or lease of residential real property is a Class D felony.
(Act 2024-237, §3; Act 2026-536, §4.)