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.
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ARCHIVED BLOG POSTS
2014
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Accountant Convicted in Mortgage Fraud Scheme U.S. Attorney’s Office May 06, 2014 District of Nevada (703) 388-6336 LAS VEGAS—Following a five-day jury trial, a licensed accountant was convicted today of conspiracy and fraud charges for participating in a mortgage fraud scheme in southern Nev...
05/07/2014
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Former Liberty Man Indicted for $6.2 Million Fraud Schemes U.S. Attorney’s Office May 02, 2014 Western District of Missouri (816) 426-3122 KANSAS CITY, MO—Tammy Dickinson, United States Attorney for the Western District of Missouri, announced today that a former Liberty, Missouri man has been in...
05/05/2014
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#2690 An owner of a parcel of real estate allows a trespasser to continue trespassing on the land and takes no action against the trespasser throughout a statutory period. The trespasser can inevitably gain the legal right to continue trespassing or using the property under the right of what is c...
05/05/2014
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#2689 When we talk about a license a license is always considered to be an example of a restriction which is invariably combined with an encroachment. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. Extremely false. A license is always considered to be ...
05/05/2014
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#2688 When the government decides to take over the ownership of a piece of real estate for public use this right of the government to take the real estate is known as the monopoly of real property under police authority. Is this true or false ? Take your time. The solution is posted below the wil...
05/05/2014
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#2687 Most states have a law which says that a comparative market analysis, a CMA, must be performed for every listing taken by a brokerage, and that the CMA must be compared to and presented with the appraisal for the lender. Is this true or false ? Take your time. The solution is posted below ...
05/05/2014
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#2686 Under a listing contract a broker commits himself or herself to an obligation to work for both the seller and the buyer and render faithful service to both parties. Is this true or false ? Take your time. The solution is posted below the royalty free wildlife photo. A. False. A listing co...
05/05/2014
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#2685 When a final decision is to be reached regarding the matter of the price to be listed for the house that decision always depends upon the appraised value of the house, the decision of the attorney and the broker. Is this true or false ? Take your time. The solution is posted below the wild...
05/05/2014
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#2684 Under an open listing and an exclusive agency listing agreement the seller can avoid having to pay the broker a commission if the seller sells to property to a buyer not presented to the seller by the broker. Is this true or false ? Take your time. The solution is posted below the wildlife...
05/05/2014
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#2683 A listing agreement stated that it will expire on June 18th, 2009. If the owner dies on June 15th the owner's death will effectively terminate the listing agreement. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. True If the owner dies the o...
05/05/2014