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Real Estate > Chapter 17 - Ethical Practices and Fair Housing > Flashcards

Chapter 17 - Ethical Practices and Fair Housing Flashcards

1
Q

Which act is permitted under the federal Fair Housing Act?

A

-Refusing to finance a home for an individual who has a poor credit history.

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2
Q

What is the underlying purpose of the civil rights laws that affect the real estate industry?

A

To allow everyone the opportunity to live where they choose.

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3
Q

What agency, if any, in Pennsylvania is charged with maintaining the registry of sexual offenders?

A

-State Police

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4
Q

What duty, if any, do real estate licensees have regarding the Megan’s Law registry?

A

No Duty

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5
Q

Under the federal law, families with children may be refused rental or purchase in a building where occupancy is reserved exclusively for those whose age is at LEAST

A

-62 years old

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6
Q

A minority real estate broker’s practice of offering a special discount to minority clients is …

A

ILLEGAL

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7
Q

Which statement describes the Supreme Court’s decision in Jones v Alfred H. Mayer Company?

A

-Racial discrimination is prohibited by any party in the sale or rental of real estate.

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8
Q

After a broker takes a listing agreement for a residence, the owner specifies that he will not sell his home to any Asian family. Which action should the broker take?

A

-Explain to the owner that the instruction violates federal law and that the broker cannot comply with it.

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9
Q

The fine for a first violation of the Federal Fair Housing Act could be as much as …

A

$16,000

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10
Q

Which of the following is an illegal reason for a lending institution to refuse to make a residential real estate loan in a particular area?

  • Questionable economic situation of the applicant
  • Deteriorated condition of the premises
  • Applicant not being of legal age
  • Physical location of the property
A

-Physical location of the property

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11
Q

If a mortgage lender discriminates against a loan applicant on the basis of marital status, what law is violated?

A

ECOA (Equal Credit Opportunity Act)

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12
Q

The following ad appeared in the newspaper: “FOR SALE:4 BR brick home; Redwood School District;excellent Elm Street Location; short walk to St. John’s Church, and right on the bus line. Move-in condition;priced to sell” Which statement is TRUE?

A

-The AD should not mention St.John’s church

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13
Q

A property manager has just entered into a management contract with the owner of a very large office building who asks the manager to verify that the building is in compliance with the Americans with Disabilities ACT (ADA). What should the manager do?

A

-Recommend hiring an architect or consultant who specializes in ADA issues.

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14
Q

Who is responsible for creating and maintaining an open housing market?

A

-Real Estate Industry

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15
Q

Policies or procedures that appear to be neutral but which negatively affect people in the protected classes are called?

A

-Disparate impact

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16
Q

A prospective home buyer who is black inquires about the availability of a home in a predominately white residential neighborhood. What should the broker say to this prospect?

A

“I’d be pleased to show you any houses that you are interested in”

17
Q

After receiving a fair housing complaint, HUD initiates an investigation and attempts …

A

-concilation

18
Q

The resident manager of a large rental community tries to place families with children into an apartment building where other families with children reside. This is an example of what?

A

an illegal practice called “steering”

19
Q

Age as a protected class in Pennsylvania is defined as persons …

A

40 and older

20
Q

A broker employees several salespeople, one of whom is a member of a protected class. The broker tells this salesperson to work only with buyers of the same protected class and to solicit listings in only predominately minority neighborhoods. Which of the following is TRUE?

  • The fair housing laws do not apply to the broker’s practices
  • The salesperson should be satisfied with the broker’s policy
  • The broker is entitled to direct the activities of this salesperson
  • The broker is violating the salesperson’s rights.
A

-The broker is violating the salesperson’s rights.

21
Q

The Civil Rights Act of 1866 prohibits discrimination in housing based on …

A

Race

22
Q

The agency responsible for the enforcement of the Fair Housing Act is the …

A

-Department of Housing and Urban Development

23
Q

It is ILLEGAL for a lending institution to refuse to make a residential real estate loan in a particular area only because of the …

A

-physical location of the property

24
Q

A discrimination suit may be filed in federal court by the …

A

-aggrieved person because of racial discrimination.

25
Q

In order to file a complaint of discrimination, the person alleging a problem must

A

suspect that discrimination occured

26
Q

The Fair Housing Act of 1968 is contained in …

A

Title VIII of the Civil Rights Act of 1968

27
Q

Real estate brokers are required to do all of the following EXCEPT

  • take affirmative marketing action in advertising
  • take affirmative marketing action in canvassing
  • show all of the properties they have listed
  • prominently display the equal housing opportunity poster
A

-show all of the properties they have listed

28
Q

Protection from threats or acts of violence against those who assist and encourage open housing rights is found in the …

A

-Fair Housing Act of 1968

29
Q

The provisions of the Fair Housing Act apply …

A

-In ALL states

30
Q

The refusal of a lending institution to make a residential real estate loan strictly because of the racial or ethnic composition of the neighborhood is called …

A

redlining

31
Q

Discrimination based on familial status was prohibited with the passage of the …

A

-Fair Housing Amendments Act of 1988

32
Q

Discrimination on the basis of any of the following might be construed as violations of fair housing laws EXCEPT

  • ethnic considerations
  • sexual considerations
  • economic considerations
  • religious considerations
A

-economic considerations

33
Q

There are exceptions to some fair housing laws for all of the following criteria EXCEPT

  • retirement clubs
  • private clubs
  • religious organizations
  • racial considerations
A

-racial considerations

34
Q

Steering is …

A

-leading prospective homeowners to or away from certain neighborhoods

35
Q

When a salesperson represents that minorities are moving into the area to get homeowners to sell their properties, this activity is …

A

-panic selling

36
Q

The federal Fair Housing Act prohibits all of the following EXCEPT

  • blockbusting
  • discriminatory advertising
  • redlining
  • discriminating on the basis of marital status
A

-discriminating on the basis of marital status

Real Estate (22 decks)

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