Section 423: Frauds on sale or mortgage of property

Any person who, being a seller or mortgagor of any property, or being the solicitor or
agent of any such seller or mortgagor, with intent to induce the purchaser or
mortgagee to accept the title offered or produced to him, and with intent to defraud‐
(1) conceals from the purchaser or mortgagee any instrument material to the title, or
any encumbrance; or
(2) falsifies any pedigree on which the title depends or may depend; or
(3) makes any false statement as to the title offered or conceals any fact material
thereto, is guilty of a misdemeanor and is liable to imprisonment for two years.