Here’s one one more thing that can go wrong in Ivory Coast’s real estate market. Apparently the following fraud has occurred recently:
1) A fraudster pays a corrupt official at the Ministry of Construction, Habitat and Urbanism to obtain a backdated title for an empty plot of land belonging to someone else.
2) Then the fraudster starts construction on the plot of land.
3) The real owner shows up and protests, but the fraudster keeps ownership of the land due to having paid for the construction and – I assume – having contacts at the Ministry of Construction
It seems one’s property rights are stronger when there is a building or construction on one’s land.