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2010 

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Up In Smoke Uptown Plaza located at 2222 McKinney Avenue in Dallas will be hosting a CAO cigar event on Friday June 4th from 4 p.m. to 8:00 p.m.  They will be some special pricing on boxes and singles.  Buy a box of twenty and get a seven cigar sampler.  Or buy three cigars and get one free.  If ...
05/31/2010
We all know the joy of home ownership but do you know the rights that government has in your property?  The first is know as police power.  This gives the government the right to regulate and control the use of your property for health, safety and the general welfare of the public.  The most comm...
05/30/2010
The fundamentals  of title insurance.   Before a title company will commit to issue a title insurance policy here are the steps they will take.   Examination of public records to compile an abstract of title.  Which is a complete history of all recorded events affecting good title to the property...
05/30/2010
So how did you do?  Answers are hi lighted.    When MUST an existing agency relationship be disclosed to another party to a proposed transaction? a. During a substantive discussion. b. Before submitting an offer. c. At no time during negotiations. d. At the time of licensee's first contact.   A s...
05/29/2010
What a great way to start my day.  This week I had the privilege of teaching a prep class for Champions School Of Real Estate.  Not all of those who were there at the beginning on Tuesday were there when the practice exam was administered on Wednesday.  Two of the students were scheduled to take ...
05/28/2010
So how well would you do on you state license exam if you had to take it today?  Here are some typical questions that a new licensee would be expected to know.  Answers tomorrow.   When MUST an existing agency relationship be disclosed to another party to a proposed transaction? a. During a subst...
05/28/2010
While teaching a prep class this week as we discussed fair housing a student say while attending an open house the agent informed her that the area had a very large gay population.  I was somewhat appalled and told her that in my opinion the agent should not have made that comment.  The students ...
05/28/2010
It was recently announced that TREC will take the following steps to reduce its operation budget by 5%  (1) Planned building remodel eliminated (2) Planned bandwidth increase eliminated (3) Furniture/equipment for unfilled staff positions eliminated (4) Information network "Controlled Penetration...
05/28/2010
A licensee striking part of a contract depends on the desires of the client.  TREC rule 537.11C states in part.  c) A licensee may not undertake to draw or prepare documents fixing and defining the legal rights of the principals to a transaction. In negotiating real estate transactions, the licen...
05/28/2010
Today I taught a great prep class for Champions School of Real Estate in Coppell.   There were 36 students who are preparing for the sales person test and one for the brokers exam.  What a great group of people, and I have confidence that tomorrow they will do well on the mock test.  And in the n...
05/25/2010
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Richard Weeks

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