chapter 2

the Sherman Anti-Trust act prohibits which of the following?

-price fixing -market allocation -group boycotting

which of the following is considered an illegal action under the fair housing laws?

-steering -blockbusting -redlining

familial status became a protected class under the?

1988 fair housing amendment act

real estate brokers are required to maintain records of each transaction for at least how many years?

3

in order to be considered a senior living residence, at least 80% of the units must be occupied by persons ___ years or older

55

a federal law protecting the rights of individuals with physical or mental impairments is known as the?

Americans with disabilities act

public accommodations for handicapped individuals is required under the?

Americans with disabilities act

steering is commonly associated with?

Buyers

this federal law prohibits all discrimination on the basis of race only

Civil Rights Act of 1866

this federal law prohibits discrimination in the sale, rental, financing, or appraisal of housing on the basis of race, color, religion, gender, national origin, handicap, or familial status

Fair housing act of 1968

this court case determined it was unconstitutional to refuse to sell a house on the basis of race

Jones vs Mayer

this Federal law requires the disclosure to borrowers of settlement (closing) procedures and costs by means of a pamphlet and forms prescribed by the United States department of housing and Urban development (HUD)

RESPA

a federal legislation including the imposition of civil and punitive damages for Anti-Trust activities is known as the?

Sherman Anti-Trust act

the use of prejudice to instill fear, or panic, in order to motivate individuals in a particular area or neighborhood to sell or dispose of their property because of the entrance, or potential entry, of a protected class is known as?

blockbusting

this federal law prohibits discrimination on the basis of race, sex, color, national origin, or gender in any housing program receiving Federal money

civil Rights act of 1964

the illegal mixing of personal funds with money held in trust on behalf of a client is known as?

commingling

the unlawful appropriation of another's property or funds is known as?

conversion

a long-term physical or mental impairment, or condition, that substantially limits a person's major activities is known as a?

disability

moral principles that govern a person's or group's behavior are known as?

ethics

which of the following prohibited discrimination in housing whenever federal funds were involved?

executive order 11603

any licensed real estate broker or agent can call themselves a realtor

false

the Fair employment housing act is also known as the Rumford fair housing act

false

the refusal to lend money within a specific area for various reasons is known as?

redlining

which of the following is considered a support or service animal?

seeing-eye dog

using racial, ethnic, or religious criteria in suggesting, recommending, and/or influencing individuals regarding locations for the purchase or rental of a single-family residence or rental dwelling is known as?

steering

a landlord is not allowed to charge an increased security deposit for a tenant with a service animal

true

blockbusting is also known as panic selling

true

discrimination in advertising is covered under the civil Rights act of 1968

true

ethics tends to preceed law

true

money, or other things of value, that a real estate agent receives on behalf of the principal or any other person involved in a transaction are known as?

trust funds