Ch. 13 Exam Flashcards
The federal fair housing act prohibits discrimination on the basis of all of the following, except:
Sexual orientation.
The class is protected under the federal fair housing laws are race, Color, national origin, religion, sex, familial status, and disability. ECOA also protects a person’s source of income, marital status, age, and whether they’ve exercise their rights under the consumer credit protection act.
The federal fair housing act applies to all of the following residential real estate transactions, except:
The sale or rental of a single-family home by its owner when not represented by a real estate agent and no discriminatory advertising is used.
The federal fair housing law does not apply to the sale or rental of a single-family home by its owner provided that the owner does not own more than three such houses, no real estate broker or agent is employed in the transaction, and no discriminatory advertising is used.
Inducing owners to sell by predicting the future loss of value due to members of a minority race moving into a neighborhood is known as:
Blockbusting.
Blockbusting is the practice of encouraging people to either sell or rent their homes by claiming that the character of the neighborhood is changing due to the entry of a protected class into the neighborhood.
Which of the following are protected against discrimination due to handicap?
A blind person and a person with AIDS.
Both a blind person and a person with aids are protected as being handicapped under the definition of the laws. A current abuser of controlled substance is not protected from discrimination.
The federal fair housing act is enforced by:
HUD;
HUD enforces the fair housing act through its office of fair housing and equal opportunity.
ECOA was enacted to prevent discrimination:
By lenders in consumer credit transactions of individuals seeking funds for personal, family or household purposes.
ECOA is the equal credit opportunity act, preventing lenders from discriminatory procedures in consumer credit transaction for individuals seeking funds for personal, family, or household purposes.
Under the Americans With Disabilities Act, which of the following statements is false?
An owner of an existing commercial building will always be required to adapt the building to accommodate all disabled persons regardless of the cost to do so.
An owner of an existing commercial building will only be compelled to make those alterations that are financially practicable.
Which of the following statements are true?
Any state or local governmental body may enact fair housing laws to include additional protected classes of persons.
Any governing body, e.g., State, county, city, etc., may impose more stringent antidiscrimination laws – never less stringent – that must be adhered to by all those affected entities within the jurisdiction imposing the more stringent laws.
Which of the following facilities or communities are required to take families with children under the age of 18?
None of the above. (A mobile home park in which 85% of the residents are over the age of 55, and apartment complex where 80% or more of the residents are over the age of 55, a mobile home park in which 75% of the residents are over the age of 55, in apartment complex where 70% of the residents are over 55 years of age.)
Under the housing for older persons act, a mobile home park or other type of complex that has less than 80% of the units occupied by persons age of 55 or older cannot exclude families with children. Once the occupancy of those 55-year-old or older is higher than 80%, the complex can be labeled a retirement community.
Under the fair housing law, the landlord may refuse to rent to a prospective tenant because:
None of the above. (The landlord does not allow pets and the prospective tenant, who is going blind, requires a guide dog, the prospective tenant has asked permission to install safety bars in the tile shower at the tenants expense, the prospective tenant is an unwed mother on welfare.)
All are members of protected classes.
A real estate agent who directed a prospective buyer to a particular neighborhood comprised of homeowners who are of a similar national origin to the buyer would be guilty of:
Steering.
Steering occurs when prospective buyers or tenants are directed to or away from certain neighborhoods based on their race, religion, national origin, or ancestry.
A lender may refuse to make a loan to a person:
Of Asian ethnicity, whose credit history indicates financial irresponsibility.
A lender may refuse to make a loan to anyone if they are not credit worthy. A lender refusing to make loans based on a property is location because of the racial or ethnic composition of the neighborhood is guilty of red lining. Both an illiterate person and a person with aids are member of protected classes and cannot be refused based solely upon their disabilities.
Which of the following words are permitted when advertising a property for sale?
Large family room.
Only the term large family room may be used. The other three terms (Great bachelor pad, walk to Mormon temple, and large lot – I deal for the physically fit) address specific prohibited classifications such as marital status, religion, or disability (or lack of a disability).
The voluntary affirmative marketing agreement, co– authored by HUD and the national Association of realtors, has been developed to:
Promote the use of the equal opportunity logo, promote the use of the fair housing logo in real estate offices, promote affirmative marketing advertising, and recruit Minority persons into the real estate industry.
All our goals of the VAMA program.
