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

2011 

                                                         #1200 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 ...
06/26/2011
                                                         #1199 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 th...
06/26/2011
                                                         #1198 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 sol...
06/26/2011
                                                         #1197 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 ...
06/26/2011
                                                         #1196 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 ? ...
06/26/2011
                                                               #1195 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 fa...
06/26/2011
                                                       #1194 When a conveyance is undertaken, in order for the conveyance to take place the deed must be valid and must be recorded before the conveyance may occur. Is this true or false ? Take your time. The solution is posted below the wildlife ph...
06/26/2011
                                                     #1193 When a warranty deed is given to the purchaser of a parcel of real estate the warranty deed specifically warrants that the price paid for the property was within 5% of the actual market value of the property. Is this true or false ? Take ...
06/26/2011
                                                    #1192 If te government decides to transfer the title of property to a private party this is carried out by means of an instrument commonly known as a quitclaim deed. Is this true or false ? Take your time. The solution is posted below the wildli...
06/26/2011
                                                  #1191 When real estate is transferred from one party to another the process is commonly referred to as the avulsion of quitclaim. Is this statement true or false ? Please take your time. The solution is posted below the wildlife photograph. A. Fal...
06/26/2011
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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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