Memphis, TN Real Estate News

By David Saks
((retired))
      #2374 A life-tenant by the name of Senderfell wants to dig up the earth around his property and sell it for gardening dirt-fill to a neighborhood nursery. A remainderman has been named in the deed who has a remainder interest in the property and has decided to stop Senderfell from digging up the property and selling the dirt. The remainderman can't do this. Is this true false ? A. It's false The remainderman can stop Senderfell from digging up the property and selling the dirt to the nursery because a life-tenant is forbidden to disturb any interest in the property that the remaminderman has.
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By David Saks
((retired))
                            #2373 Two property owners, Ben and Susan, who are not married, own a property together. Susan actually owns 75% of the property and Bob owns a 25% interest in the property. Becasue they own the property together and have unequal interests the type of title that they hod is considered to be held as community property. Is this true or false ? A. By golly...it's false !!!! Why ? Community property is form of title possession reserved for married couples which considers property acquired during the marriage. The type of title held by Bob and Susan is called tenancy in common because they each hold an unequal interest in the property. A joint tenancy would dictate that the owners have equal undivided interests in the property.
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By David Saks
((retired))
                 #2372 When property is transferred from one owner to the next this process is referred to as devise. Is this true or false ? Please take your time. The answer is posted below the wildlife photo. A. False When real property is transferred from one owner to another this process is referred to as alienation. Devise is a gift of real estate as instructed ion the will of the owner.
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By David Saks
((retired))
             #2371 When and if we consider participation in a REIT, a real estate investment trust, it is necessary to have at least 325 participants according to the legal statute. Is this considered true or false ? Take your time on this tough question. The answer is posted below the royalty free wildlife photo as usual. A. Absolutely false There is no regulation for the number of participants in an REIT. The investors are required, however, to invest exclusively in mortgages and real estate as a condition of participation in the trust.
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Quite a few members have commented about the fact that they're not getting the 225 points for drafted blog entries since the recent AR site overhall. Is this still a problem for you ?   Here's the cure !   If you placed a blog in the draft queue before the AR site overhall you'll have to delete your pre-maintenance blog draft and repost your blog to the new blog editor in order to receive your blogging points. The old blog draft from the old blog editor will not record your points when you change your visibility from "draft" status to "public". You have to delete the old blog draft before you publish the new one.   That should fix it for you.   Otherwise the new blog entry will be seen as the old blog draft in the old blog editor with "a name that has already been taken", won't post, an...
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From SSA.Gov Please Click This Link For the PDF Document From Peter D. Spencer Deputy Commissioner for Budget, Finance and Management   More than 18 thousand Social Security employees will lose their jobs. States will not have funding for retirement and disability determination. Pray for our nation.    
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Thank to my pal Noah Seidenberg In the great city of Chicago  For reminding me about Koko Taylor Happy Birthday Koko ! (September 28, 1928 – June 3, 2009) She was one of a kind ! And from Chicago. Here she is with "Hound Dog" Enjoy ! --David-  
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  Have you received your 100 log-in points since the recent site changes to ActiveRain were made?   Any other problems with the new blog features ?   Many thanks to all for your kind comments, and my sincerest hope for your continued success.   -David-
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    Here's a Great Memory From Composer Meredith Wilson's Masterpiece The Music Man   "Sincere"   Have a Fantastic Week Ahead ! -David-
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By Ally Pierce, Buy Sell Give
(Buy Sell Give Worldwide )
buy. sell. give.    Allison Pierce is bringing a different concept to real estate in The Greater Memphis Area. Get in on the movement today.   Mission: To deliver an extraordinary real estate experience that will create lasting relationships, future business referrals, and opportunities to give back to others in need.   Vision: To build a business that funds the transformation of children's lives through personal growth and animal companionship.    Values: Benevolence, Strength, Gratitude   Beliefs: Enthusiasm: “larger than life” excitement Compassion: act with sincere consideration Progress: experience learn and develop Fun: laugh freely smile frequently Community: creates synergy Altruism: pay it forward   Perspective: A service based real estate business that has the potential to cha...
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    Must we read about the hillbillies at your   greased pig chasing contest in Podunk   to raise money for the   Johnny Mack Brown High School ?       How your SEO optimization is   juicing your Google   and helping you sell your listings in Slopjarville ?     The basket weaving extravaganza to raise money for a new     little league soccer team van in Boar Tush ?   How Facebook can make you money and found you a date in   Happyland ?     Why podcasting is good for home schooling your child   in Muleshoe ?   Recipes that sold your listing in Buggtussle last week ?     How many PooPoo, Hawaii buyers are emailing you from your   Twitter account ?   How cold it is in Hell, Michigan ?     Do you get my drift ?   If your blog is indigenous, domestic, local,   ... keep it that way !     When...
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Here's a beautiful song to help you unwind. It's been long day. Elkie Brooks "Blue Moon" Have a great day tomorrow. -David-   ps...don't hit the suggest button :-) (a little inside joke)  
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By David Saks
((retired))
There Will Never Be Another Ella Fitzgerald ( April 25, 1917 - June 15, 1996 ) Here She Is With "The Very Thought of You" Sit Back, Relax and Enjoy ! -David-  
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By David Saks
((retired))
"If you push something hard enough it will fall over." -Fudd's 1st Law of Opposition-
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By David Saks
((retired))
                                                  #2370 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. The solution is posted below the wildlife photo. A. True Whenever a title is taken in fee simple the owner is entitled to the full range of the bundle of legal rights which accompany the title, which include all of the rights which come with ownership of the property which include the rights to lease, enjoy, will the property to heirs, sell it or forget it.
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By David Saks
((retired))
                                                    #2369 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 four unities necessary to create a joint tenancy. A tenancy in common is a form of ownership whereupon two or more tenants have undivided interests in a property.  
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