Chapter 5 test

Which of the following is not an example of steering? A. An attempt to exclude black clients from one community B. An effort to induce white homeowners to sell when a black purchaser moves into their neighborhood C. An attempt to attract white prospects to a community composed primarily of white homeowners D. An effort to prevent an Asian client from moving into a neighborhood composed primarily of white homeowners

An effort to induce white homeowners to sell when a black purchaser moves into their neighborhood

According to the requirements of the federal trade commissions do not call implementation act, a licensee may A. Call a prospect whose number does not appear on the do not call list at 930pm B. Call a prospect whose name appears on the do not call list and whose home was previously listed with their broker, as long as the call is placed within 18 months of expiration of the listing agreement C. Call a buyer prospect whose name appears on the do not call list but who has previous listing, as long as the call is place within 6 months of the initial inquiry D. Call a for sale by owner whose name does not appear on the do not call list but who has requested that no further call he made by us company

Call a prospect whose name appears on the do not call list and whose home was previously listed with their broker, as long as the call is placed within 18 months of expiration of the listing agreement

Cathy Morgan has been the owner of Cathy's country cafe located on miller lane in the city of meadowview for the past 12 years. The zoning board of meadowview has now determined that the property where the cafe is located is to be reasoned for residential use. Under these circumstances A. This is down-zoning and illegal. Cathy May continue to operate the cafe B. Cathys property qualifies as a non conforming use and she may continue to operate the cafe C. Cathy must cease operation of the cafe unless granted a variance D. Cathy must apply for a spot zoning if she wishes to continue to operate the cafe

Cathys property qualifies as a non conforming use and she may continue to operate the cafe

Which of the following practices would not violate antitrust laws? A. Refusal of real estate board to admit qualified members B. Any brokers going into collusion to set property prices C. Establishing a company policy for determining commissions to be charged D. Two or more brokers going into collusion to set commission rates

Establishing a company policy for determining commissions to be charged

Which of the following statement is true concerning the CAN-SPAM act? A. The use of a misleading subject line is permissible as long as the transmission is identified as an ad B. The sender has 30 days to honor an opt out request C. The act prevents the sending of commercial emails unless the sender received prior written permission D. Every commercial email must contain an opt out provision

Every commercial email must contain an opt out provision

A buyer whose number appears on the do not call registry made an inquiry on a property listed with the broker. The licensee May call the buyer A. Never B. For up to 18 months from the initial call C. For up to 3 months from the initial call D. Without restriction since the buyer initiated the first contact

For up to 3 months from the initial call

Sam, a real estate salesperson with abc realty has been found guilty of violating the federal fair housing law. His broker has also been named in the charge but could possibly be dismissed from the suit if he could prove all of the following except A. He or another manager was available for Sam if needed B. The company had a training program in place for affiliates C. He was unaware of the transaction in which the violation occurred D. He was not in town when the violation occurred

He was not in town when the violation occurred

Jaspers doll factory was allowed to stay in production in an area newly rezoned for residential use. After the factory burned to the ground, which of the following is true? A. Jasper could rebuild on the land as long as building codes were met B. Jasper could rebuild as long as the original design of the building was used C. Jasper couldn't rebuild unless granted rezoning D. Jasper could never rebuild under any circumstance

Jasper couldn't rebuild unless granted rezoning

A seller wishes to list a property with a broker for 125k. The broker knows that the property is worth much more, but the seller disagrees with the brokers value assessment. What is the best action for the broker? A. Purchase the property because of the investment potential B. Suggest the seller hire an appraiser C. Refuse to take the listing because of the potential lawsuit D. List the property and then buy it for himself

Suggest the seller hire an appraiser

Charlie is a Laotian immigrant. He has subdivided his lot and built a new house next door to his own house. In listing this new house, he asks the salesperson to look for a Laotian purchaser. Which of the following statements is true? A. The salesperson might advertise 'Laotian preferred' B. The listing isn't illegal since Charlie has only expressed a preference, not a requirement C. The listing salesperson should refer the listing to Laotian salesperson D. The listing should not be taken under these conditions

The listing should not be taken under these conditions

The amount of the real estate property tax that a property owner must pay is usually based on A. The owners ability to pay B. The value of the property C. The benefit the owner receives D. The personal property tax rate

The value of the property