David Saks: May 2014

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 2717

#2717

A contract can be discharged, terminated and cancelled if it is breached by any party to the contract, and any liability for the contract is also terminanted.

Is this true or false ?

Take your time. The solution is posted below the wildlife photo.

wildlife

A. False

If a contract is breached the contract may not be cancelled or discharged.

The breach will violate the duty to carry out a contractual obligation in the contract and is not an excuse to terminate the contract.

Failure to perform is not excusable in a breach of contract.




David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 0 commentsDavid Saks • May 26 2014 03:43AM
Real Estate Practice : Lesson 2717
share
#2717 A contract can be discharged, terminated and cancelled if it is breached by any party to the contract, and any liability for the contract is also terminanted. Is this true or false Take your time. The solution is posted… more
Real Estate Practice : Lesson 2716
share
#2716 If a clause is included in a contract that will award five thousand dollars to one party if the other part breaches the contract, and the party receiving the five thousand dollars cannot sue the party that breaches the contract for more… more
Real Estate Practice : Lesson 2715
share
#2715 Special assessment taxes are transfer taxes imposed at closing and affect the transfer of deed, are mandated by the state, and derive revenue from real property sales. Is this… more
Real Estate Practice : Lesson 2714
share
#2714 In order to obtain a nonconforming use permit a property owner has to demonstrate to the zoning commission that denial of the use the property currently supports would create a hardship. Is this true or false Take your… more
Real Estate Practice : Lesson 2713
share
#2713 If the owner of a property believes that their property was unfairly or improperly zoned by their zoning commission the owner should apply for a conditional use permit. Is this true or false Take your time. The solution… more
Real Estate Practice : Lesson 2712
share
#2712 When new zoning ordinances become law and become effective nonconfroming uses are only allowed a period of 90 days to become compliant with the new ordinances and will not be allowed to continue after that time. Is this true or… more
Real Estate Practice : Lesson 2711
share
#2711 Land use control laws are created to insure that certain properties remain profitable and make money for the owners. Is this true or false Take your time time. The solution is posted below the wildlife photo. … more
Tennessee Man Indicted for Cross Burning
share
Tennessee Man Indicted for Cross Burning U. S. Department of Justice May 22, 2014 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—Today, a… more
Former Bank Officer Sentenced to 18 Months for Bribes and Bank Fraud
share
Former Bank Officer Sentenced to 18 Months in Prison for Accepting Bribes, Bank Fraud U. S. Attorney’s Office May 21, 2014 District of New Jersey (973) 645-2888 … more
California Man Sentenced to 51 Months in Prison for Mortgage Fraud
share
California Man Sentenced to 51 Months in Prison in Multi-Million-Dollar Mortgage Fraud U. S. Attorney’s Office May 21, 2014 Eastern District of Pennsylvania (215) 861-8200 &… more