David Saks' Blog

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Industry Observer - TN LIC# 290452
David Saks is a musician, retired real estate broker, and long-time ActiveRain member. David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet. Please join. Membership in ActiveRain will enrich your life !

ARCHIVED BLOG POSTS

2013 

                                                  #2120 A contract is considered to be a void contract if it can't be enforced because of a statute of limitations. Is this true or false ? Take your time. The solution is posted below the royalty free wildlife photo.   A. False If a statute of limi...
03/31/2013
                                                        #2119 An investor bought two lots for 40 thousand dollars each. He decided to divide the parcel into three lots and then sold each parcel for 30 thousand dollars. (A.) How much did the investor make after he sold the three parcels ? (B.) Wha...
03/31/2013
                                                      #2118 When we speak of the statute of frauds we're talking about a law which requires that all contracts must contain a provision for habendum clause. Is this true or false ? Take your time. The solution is posted below the wildlife photo A. F...
03/31/2013
                                                  #2117 A contract can be discharged, terminated and cancelled if it is breached by any party to the contract, and any liability for the contract is also terminanted. Is this true or false ? Take your time. The solution is posted below the wildlife ...
03/31/2013
                                                    #2116 If a clause is included in a contract that will award five thousand dollars to one party if the other part breaches the contract, and the party receiving the five thousand dollars cannot sue the party that breaches the contract for more th...
03/31/2013
                                                         #2115 Special assessment taxes are transfer taxes imposed at closing and affect the transfer of deed, are mandated by the state, and derive revenue from real property sales. Is this true or false ? Take your time. The solution is posted bel...
03/31/2013
                                                     #2114 In order to obtain a nonconforming use permit a property owner has to demonstrate to the zoning commission that denial of the use the property currently supports would create a hardship. Is this true or false ? Take your time. The soultio...
03/31/2013
                                                        #2113 If the owner of a property believes that their property was unfairly or improperly zoned by their zoning commission the owner should apply for a conditional use permit. Is this true or false ? Take your time. The solution is posted bel...
03/31/2013
                                                         #2112 When new zoning ordinances become law and become effective nonconfroming uses are only allowed a period of 90 days to become compliant with the new ordinances and will not be allowed to continue after that time. Is this true or false ...
03/31/2013
                                                          #2111 Land use control laws are created to insure that certain properties remain profitable and make money for the owners. Is this true or false ? Take your time time. The solution is posted below the wildlife photo. A. False Land use cont...
03/31/2013
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David Saks

Broker / Industry Analyst
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Most real estate fraud-related articles and Department of Justice Press Releases published here are taken from the public record, which normally include press releases and court documents related to each entry and case. Any other type of record, i.e. newspaper reports, are only published after consent has been obtained from the original publisher.
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