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
Riverdale Marina Redeveloper Arrested on Federal Charges for Allegedly Defrauding the Village of $370,000 in Public Funds U.S. Attorney’s Office April 18, 2014 Northern District of Illinois (312) 353-5300 CHICAGO—A Chicago real estate developer was arrested today on federal charges alleging that...
04/21/2014
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#2670 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 wildlife photo. A. True Whenever a title is...
04/21/2014
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#2669 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, interest, time and title (PITT) are the fo...
04/21/2014
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#2668 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 is below the wildlife photograph. A. False This type ...
04/21/2014
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#2667 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 a condominium development are owned by the te...
04/21/2014
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#2666 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 below the wildlife photo. A. False A coo...
04/21/2014
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#2665 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 a landowner has rights to the water flowing throug...
04/21/2014
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#3664 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 are personal property. The commode in the bath ...
04/21/2014
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#2663 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 land. Personal property is usually ...
04/21/2014
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#2662 Articles and items that are installed by tenants on real estate for use in a business are considered to be easments and fructalis. Is this true or false ? Take your time on this tough one. The solution is posted below the wildlife photo. A. False When a tenant installs an item or a fixtur...
04/21/2014