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
2009
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When property is transferred from one owner to the next this process is referred to as devise. Is this true or false ? Please take your time. The answer is posted below the wildlife photo. A. False When real property is transferred from one owner...
03/25/2009
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When we consider participation in a REIT, a real estate investment trust, it is necessary to have at least 325 participants according to the legal statute. Is this considered true or false ? Take your time on this tough question. The answer is pos...
03/25/2009
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When we talk about a title which is taken in fee simple we're talking about a title that lasts forever and can be inherited or disposed of according to the owners wishes. Is this true or false ? Take your time. Thye solution is posted below the w...
03/25/2009
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When one considers the four unities of possession, interest, time and title these unities are necessary to create a tenancy in common. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False Possession,...
03/25/2009
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If a title is conveyed and a condition is written into the conveyance stating that no flea market activities may be held on the property this type of title is called a life estate. True or false ? Remember to take your time. The solution i...
03/25/2009
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When we speak of condominiums condominiums are individual housing units that have common areas that are owned in joint tenancy. Is this true or false ? Take your time. The solution is below the wildlife photo. A. Very false The common areas in...
03/25/2009
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When we speak of a unit in a cooperative we're talking about a unit that is also owned as a tenancy in common and shared by all of the residents of the building in which it is housed. Is this true or false ? Take your time. The solution can be found b...
03/25/2009
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When a landowner has water flowing through his or her land the landowner's rights to that water are known as easement rights. Is this true or false ? Remember to take your time. The solution is posted below the wildlife photo. A. False When ...
03/24/2009
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Because drapes are so important when considering the treament of a window they are considered real property. Is this true or false ? Take your time on this tough question. The solution is posted below the wildlife photo. A. False The drapes...
03/24/2009
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If there's one thing that we can compare real estate to it's personal property. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False Real property consists of everything that's appurtenant and attached to the ...
03/24/2009