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

2009 

                                                         #404 A type of document, which is recorded, which informs persons interested in buying a property that the property could possibly become liable to a judgement issued against it in a lawsuit is known as a writ of attachment through satisfac...
11/08/2009
                                                    #403 A judge ruled in a pending lawsuit that a lien is to be placed on the defendant's home which will place a hold on the property as security if a judgement is ruled against the homeowner. The court's action is commonly referred to as a prescr...
11/08/2009
                                                         #402 Andrew has actually constructed an easement over Tanya's property. If Andrew buys Tanya's property next month the easement will continue to exist. Is this true or false ? Take your time. The solution is posted below the wildlife photo....
11/08/2009
                                                         #401 If a balcony in an apartment structure hangs over a boundary line which was created to delineate the boundary line of the property this would be called an appurtenant easement. Is this true of false ? Take your time the solution is poi...
11/08/2009
                                                         #400 When we talk about real estate property tax liens we're talking about tax liens that are general, voluntary liens that affect property. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False P...
11/08/2009
                                                         #399 When a subdivision creates private restrictions in the declaration of Covenants, Conditions and Restrictions, or CC&R's, the restrictions are originally created when the subdivision was planned and are enforced by the developer. Is thi...
11/08/2009
                                                         #398 If there is a cloud on a title, and it seems that it can't be cleared, a judicial proceeding takes place that decides ownership with a suit for the partition of the property in question. Is this true or false ? Take your time. The solu...
11/08/2009
                                                         #397 One of the main reasons why the grantee should see to it that the deed is recorded properly is to demonstrate that the deed was conveyed and accepted. Is this statement true or false ? Take your time. The solution is posted below the w...
11/08/2009
                                                         #396 If a will is written but there is no witness to the composition of the will this type of will is commonly referred to as a formally executed will. Is the description of this type of will considered to be a true or false description ? T...
11/08/2009
                                                               #395 If there just happens to be an unfortunate cloud on the title the cloud may be cleared by underwriting a title insurance policy. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. Very fal...
11/08/2009
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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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