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 

                                                             #384 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 ...
10/25/2009
                                                          #383 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...
10/25/2009
                                                            #382 When we consider the likenesses inherent in an exclusive-right-to-sell listing and an exclusive-agency listing the seller has the right to allow any agent to show the property. Is this true or false ? Take your time. The solution is...
10/25/2009
                                                            #381 When a listing is taken by an agent and the brokerage the listing is generally considered to be one which is an employment agreement for services carried out between the seller and the multiple listing service of the local realtor b...
10/25/2009
                                               #380 When a broker creates a relationship between himself / herself and the seller this type of relationship is known as implied agency ? Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False An implied age...
10/25/2009
                                                    #379 When we consider the term fiduciary when we're talking about a real estate transaction we're always talking about the person that has the legal authority to act in the absence of on behalf of another person when signing a contract or making...
10/25/2009
                                              #378 When a home was constructed, each room of the house was preassembled at a factory before being driven to and unloaded at the construction site. After the preassembled materials were in place the rooms were wired and fitted with heating and refrig...
10/25/2009
                                                  #377 A medical building owner wanted to convert the building into residential property and sell individual units in the building once the conversion had been completed. When a building is converted into something other than which it was originally...
10/25/2009
                                                     #376 Some of the costs and expenses that have to be considered are the recurrent taxes on personal property. Is this true or false ? Please take your time. The solution is posted below the wildlife photo. A. False Personal property is not real ...
10/25/2009
                                                      #375 When the owner of the property signs an agreement allowing the tenant that signs the agreement to occupy, use and possess the property for a period of only six months the owner and the tenant have signed an agreement which is called a per...
10/25/2009
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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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