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
2013
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#2017 When we consider the supply of labor and the cost of construction we also consider that supply of labor and cost of construction will impact the demand for real estate in any market region. Is this consideration true or false ? Pleas...
01/20/2013
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#2016 There are five classes of real estate. They are commercial, residential, agricultural, rental, and special purpose. Is this characteriztion of the five classes of real estate true or false ? Take your time. The solution is posted below the wi...
01/20/2013
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#2015 When something has the quality of being uniform throughout in it's composition or structure or has the quality of being similar or comparable in kind or nature we call it homogenous. Land has some of this quality. Land is indestru...
01/20/2013
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#2014 A man is building a deck on the rear patio slab of his new home. He has just purchased the lumber which he needs to build the deck. The lumber has just been delivered by the trucking company and left in the driveway for him. Is t...
01/20/2013
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#2013 When considering the concept of real estate, most of the follwing would be included in the sale of a parcel of land except which of the following items ? 1. Air Rights above the property 2. The rights to the trees 3. The rights to t...
01/20/2013
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#2012 When a buyer purchases a parcel of land and turns around and negotiates the sale of the oil rights to a petroleum refinery or mineral rights to a mining group what kind of right is the buyer rescinding to the buyer of the mineral or pe...
01/20/2013
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#2011 A man owns a building in a commercial section of the community. The man has a tenant that rents space in the property that he owns. The tenant operates a beauty parlor. The tenant has installed display shelves. These are fixtures fa...
01/20/2013
MICHIGAN SUPREME COURT JUSTICE CHARGED WITH REAL ESTATE FRAUD DETROIT (AP) — Federal prosecutors have filed a fraud charge against Michigan Supreme Court Justice Diane Hathaway, just a few days before she leaves the state's highest court in a scandal involving the sale of a Detroit-area home an...
01/19/2013
Brooklyn Real Estate Developer Charged in $2 Million Mortgage Fraud Scheme U.S. Attorney’s Office January 15, 2013 Eastern District of New York (718) 254-7000 Brooklyn-based real estate developer Schelton Assoumou was arrested today on charges of bank fraud and wire fraud for his participation...
01/16/2013
Eleven Defendants Indicted for Alleged Roles in Scheme to Fraudulently Control Homeowners’ Association in Las Vegas U.S. Department of Justice January 15, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—A federal grand jury in Nevada today returned an indictment agai...
01/16/2013