real estate u ch2 quiz
HUD
all federal fair housing complaints should be filed with who
a principal of an owner occupied 4 family residence is exempt from federal antidiscrimination laws if they use a licensed broker to help find a new tenant
false
trust funds
funds held by a real estate broker in trust for clients and/or customers are known as
transfer disclosure statement
sellers and agents should use this form to disclose any known defects with the property
redlining
the refusal to lend money within a specific area is known as
in the state of California race is NOT a material fact
true
the holden act
which of the following is a California counterpart to the federal anti-discrimination laws with regards to redlining
the principal of an owner occupied 1-4 unit residence
which of the following is exempt from federal antidiscrimination laws
puffing
witch of the following is an example of misrepresenting
health safety and welfare of the public
the strictest standard rule applies when dealing with what
the rumford act
which of the following is a California counterpart to the federal anti-discrimination laws with regards to discrimination in commercial and business establishments
blind advertisement
an advertisement that remains anonymous as to who is advertising is known as
material fact
any fact that would influence the decision of a reasonably prudent person is known as a/an
federal law
generally speaking which law prevails over state law
the place of business
if the HUD fair housing equal opportunity poster is NOT prominently displayed in a place of business relating to housing the burden of proof for any discriminatory act falls on who
the accuser
if the HUD fair housing equal opportunity poster is prominently displayed in a place of business relating to housing the burden of proof for any discriminatory act falls on who
credit based lending
lenders must perform what when determining if an individual qualifies for a loan which is based on objective measures
blockbusting
steering is the opposite of this illegal discriminatory act which encourages individuals to sell
blockbusting
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
civil rights act of 1964
this civil rights act expanded the protection classes beyond race to include color religion sex and national origin
civil rights act of 1964
this civil rights act prohibited discrimination on the basis of race only
RESPA
this consumer protection statement helped eliminate kickbacks and referral fees that unnecessarily increased the cost of certain settlement services
easton vs strassburger
this court case determined that sellers and their agents must disclose all facts that they knew or should have reasonably known
americans with disabilities act
this federal law requires that private entities including business establishments are accessible to individuals who are disabled and that those business establishments that are accessible to the public make reasonable accommodations
strictest standard rule
this states that stricter law (federal vs state) will prevail and take precedent
commingling
to mingle or mix for example a clients funds in the brokers personal or general account is known as
the HUD fair housing equal opportunity poster is required to be posted in a prominent position In any business that is related to housing
true
steering
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
all of the above
which of the following is a California counterpart to the federal anti-discrimination laws
the rumford act
which of the following is a California counterpart to the federal anti-discrimination laws with regards to blockbusting