Why do I need to screen pre-owned properties for sale?
Screening the serial numbers of pre-owned properties before purchase can safeguard against the purchase of properties which have been reported stolen or lost. Purchasing stolen property knowingly may constitute an offence of "Dishonestly Receiving Stolen Property" punishable under Section 411 of the Penal Code. Dishonestly retaining stolen property is similarly an offence under this provision.
This information is sourced from SPF-STAGING
Related questions
What is the screening reference number for Stolen and Lost Property?
Why should I lodge Suspicious Transaction Report (STR)?
What happens after the relevant information has been keyed into the Stolen and Lost Property Index (SPEX)?
Can I knowingly keep a counterfeit currency note and not report the matter to the Police?
Need more help?
Get in touch