Aggravated Fraudulent Sale or Lease of Residential Real Property

(a) A person commits the crime of aggravated fraudulent sale or lease of residential real property if, with the intent to defraud: (1) The person either: (i) lists, advertises, or causes the listing or advertisement of residential real property for sale knowing that the person or the purported seller has no legal title or authority to sell the real property; or (ii) rents, leases, or causes the rental or leasing of real property knowing the person or the purported lessor has no legal ownership or authority to lease the property; and (2) Either: (i) the person received funds related to the sale or lease; or (ii) the property is owned individually or jointly by an individual who is 70 years of age or older. (b) Aggravated fraudulent sale of real property is a Class C felony. (Act 2026-536, §2.)