#2434 When we spedak about a dual agency, a rule of thumb is that any time an agent assumes dual agency the dual agent is obligated to disclose all confidential information to both parties. Is this true or false ? Take your time. The solution is posted below the wildlife photo ? A. False A dual agent has an obligation to keep all confidential information confidential between the parties, and to not disclose confidential information to either party in the dual agency relationship. The cardinal rule is to not disclose either parties negotiating position. 11/10/2013

#2433 If a listing broker negotiates the sale of a property with a ready, willing and able buyer and all of the terms established between the buyer and seller are met, and correspond with the terms of the listing agreement, if the seller decides not to sell the property the seller isn't obligated to pay the broker a commission. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False If all of the terms of the listing agreement are met and the broker has presented a ready, willing and able buyer to the seller, and all of the terms as set forth in the listing agreement have been met, the seller owes the broker a commission whether or not the seller sells the house to the buyer presented by the broker. 11/10/2013

#2432 When an agreement to purchase real estate is created, a purchase agreement, it must state what the methods of payment will be from the buyer, the type of financing terms arranged by the buyer, the listing price of the property, and the total purchase price of the property. Is this true or false ? Please take your time. The solution is posted below the wildlife photo. A. False The agreement to purchase does not have to include the listing price, but all of the other considerations are included. 11/10/2013

  #2431 When a provision is added to a contract for the purchase of property (a purchase agreement) that states the contract will not become a binding contract unless the buyer has secured the financing necessary for the purchase of the property this provision is commonly referred to as a clause attesting to the defeasability of occupancy. Is this considered to be true or false ? Take your time. The solution is posted below the wildlife photo, A. False Whenever a provision is included in apurchase and sale agreement that makes the purchase contingent on the occurrence of financing this type of provision is known as a contingency clause. (You knew that !) :-) 11/10/2013

I Wrote This Excursion Into Piano Madness In My Early 20's Here It Is In It's Entirety Complete With the Score For Veterans Day "Impressions of Memphis" Recorded in 1980 On Cheap Reel to Reel Tape Honor Our Veterans & Have a Fine Holiday -David- 11/10/2013

Here's the typical conversation an "A" Kisser will have with their broker. If you missed Part I click here. 11/08/2013

  There's always one in the office. I can think of a few here in ActiveRain. "A" kissers are suck ups, people who will kiss someone's butt to gain points, favors and features.   These are folks that tend to be the goody-goody types whom one can't trust.   They'll use what you tell them against you for their own personal gain.   They're social nerds with few social skills.   The way they get attention is to play suck-up to someone important. The best way to deal with an "A" Kisser is to avoid them, don't trust them or confide with them.   They suck up all day to gain favors.     "A" Kissers are lowlife that use other people as targets for advancement.   They hone and cultivate manipulation skills.   They look nervous and babble about nothing.   That's how they manipulate victims.   "A" K... 11/08/2013

I Saw Wilson Pickett When I Was Teenager Around 1966 Wilson Was Working With Steve Cropper And Booker T and the Mg's And Lived Here for a While Here's He Is with "Land of A Thousand Dances" Enjoy NAR SF, and Everyone ! -DS-   11/07/2013

Painting Contractor Admits Paying $800,000 in Bribes to West Haven Housing Authority Official U.S. Attorney’s Office November 06, 2013 District of Connecticut (203) 821-3700 Deirdre M. Daly, Acting United States Attorney for the District of Connecticut, announced that Harry P. Miconi, 77, of West Haven, waived his right to indictment and pleaded guilty today before U.S. District Judge Michael P. Shea in Hartford to paying hundreds of thousands of dollars in bribes to a senior official at the West Haven Housing Authority. According to court documents and statements made in court, Miconi owned and operated several painting and contracting businesses in West Haven, including P and K Contractor LLC. In pleading guilty, Miconi admitted that, between January 2007 and February 2012, he and hi... 11/07/2013

Artie is One of My Favorite Singers Of All Time He Spent a Little Time Recording in Nashville Here He Is With a Real "Feel Good" Tune For Your Morning Melody The Beach Boys' "Disney Girls" Enjoy With the Croissant, Latte, Good Vibes & Have a Great Day ! -DS- 11/06/2013

Glen Gray and The Casa Loma Boys Kick Up the Dust With This Great Tune From 1937 "I May Be Wrong, But I Think You're Wonderful" For Your Wednesday Warble A Great Old Tune That'll Get You From Point A to Point B Quickly. Enjoy and Have a Fine Week Ahead. -DS- 11/06/2013

  HUD NEWS U.S. Department of Housing and Urban Development – Shaun Donovan, Secretary Office of Public Affairs, Washington, DC 20410 HUD No. 13-157                                                                                              FOR RELEASE Shantae Goodloe                                                                                               Tuesday (202) 708-0685                                                                                                 November 5, 2013 http://www.hud.gov/news/index.cfm   HUD, DEUTSCHE BANK SUBSIDIARY AGREE TO $12.1 MILLION  SETTLEMENT OF LENDING DISCRIMINATION CLAIMS MortgageIT will establish fund to compensate minority borrowers   WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced today that Mort... 11/05/2013

No One Could Sing Like Frankie Laine Here He is With a Golden Oldie Recorded In 1956 "Moonlight Gambler" Have a Great Day. -David- 11/04/2013

Here's my second installment for Sally and the Challenge.   Part 2 is a reflection about my personal time, how I have, and how I intend to maximize it, although some of the most personal things I plan on doing have been excluded from the following content :-)   Memphis can get cold.   You'd be surprised at how Jack Frost can ruin your banana tree.   But for the most part, Memphis isn't too bad during that time of year when the days are shorter, nights are longer and the wind is hurling the leaves of autumn to the earth below.   My neighbors are starting the winterization process, as are Memphis homebuilders and brokers protecting their listings for the frigid days on the horizon.   I've been patching up places in my old home, replacing weather stripping, adding a piece of carpet here an... 11/04/2013

  To begin with, in response to Sally's challenge, my seasonal holiday business time can be compared to watching thick molasses pour from a jug.   Or maybe televised chess.   Organizing my time during this downturn means putting a system of rules of conduct, and method of practice, into practical working order that will also  protect my resources.   It's easy to go off the scale spending money for holiday fanfare.   So when things start to go south I'll start making plans for the return of the March winds returning to put the wind beneath my wings.   When employment is optimal there's an abundance of paperwork to sort through and get a focused retrospective on what transpired over past months.   In turn, the events of the past give rise to the goals for the days ahead.   This is the tim... 11/04/2013

Erin Bates wants some low-down for her ActiveRain contest this month, so here's the down and dirty for your dining and dancing pleasure for my November fulmination.   Most everyone whose been hanging around ActiveRain for the last six years knows that I live a pretty satisfied lifestyle as a single man. A very satisfied life. No drama. No B&$# S%&#. No illusions. And double as a musician at times when the occasion arises. Realtor board luncheon, studio stuff, holidays, parties, etc. My radio show at the university keeps me pretty busy, too. It's something I've been doing for several decades, And I absolutely love every minute of it. And researching the effects of real estate fraud, and how it impacts the nation, keeps me pretty busy, as well. But once upon a time, about 10 years ago, wh... 11/03/2013

  #2430 When a safety clause is added to a contract for the listing of a property it basically creates a measure of safety for the broker which effectively entitles the broker to a commission if the property is sold within a specified time, after the listing contract has expired, to a buyer that the broker had shown the property to during the term of the listing agreement. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. True The safety clause may be established for a set amount of time with a definite expiration date and will entitle the broker to a commission if the property, listed in the listing contract, is sold to any buyer that the broker had shown the property to or negotiated with during the term of the listing agreement, and entitles ... 11/03/2013

#2429 For a lease to be considered a binding contract it always has to be signed by the tenant. Is this considered to be true or false ? Remember to take your time. The solution is posted below the wildlife photo. A. False The best policy is always to have both the landlord and the tenant sign the lease agreement, but the only person that need to sign the lease for it to become a valid lease is the landlord. If the tenant pays the rent and takes possession of the property it's taken for granted that the tenant has accepted the termsa of the lease. 11/03/2013

#2428 If a tenant farmer decides to build a hen house and a building for his tractor, who do these buildings belong to ? Take you time. The solution is posted below the wildlife photo. A. The tenant. If the tenant constructs a building on the property he owns it, unless other arrangements are made with the property owner. 11/03/2013

#2427 If the buildings were blown to smithereens, vaporized, bombed, imploded or torn to pieces and the land is still there, what example has been established by recognizing that the land still in place ?   A. The indestructability of the land. This is one of the most prominent aspects of land. Land, essentially, cannot be destroyed. It can be moved and displaced from the surface, but it extends to the center of the earth. 11/03/2013