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The Land Settlement Agency (LSA) is warning members of the public not to be misled by social media advertisements promoting the sale of “squatting land” in Valencia while claiming buyers can obtain a Certificate of Comfort (CoC).
In a media release issued on Friday, the agency said the advertisements contain false and misleading information and urged prospective buyers to avoid making payments or entering into agreements based on such claims.
The LSA stressed that a Certificate of Comfort is not transferable and cannot be bought, sold, assigned or transferred from one person to another. It explained that the document is issued only to an eligible applicant under the State Land (Regularisation of Tenure) Act.
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