Chapter 5 Vocabulary Flashcards
Religion:
A. A person’s membership in a group possessing characteristics and traits transmitted by descent.
B. A person’s adherence to the REALTOR Code of Ethics.
C. A person’s sexual orientation.
D. A person’s religious or spiritual beliefs, practices or denominational affiliations.
D. A person’s religious or spiritual beliefs, practices or denominational affiliations.
Dwelling:
A. Any building or part of a building designed for occupancy as a residence by one or more families.
B. An easement between a landowner and a company that binds subsequent owners.
C. An abnormal enlargement of a part of the body.
D. Property of married persons acquired prior to marriage, income designated as individual property, appreciation of value from individual property, or gifts and inheritance received during marriage.
A. Any building or part of a building designed for occupancy as a residence by one or more families.
Lawful source of income:
A. Income derived from activities suck as bookie/betting operations, theft or embezzlement.
B. The action or system of exchanging goods or services without using money.
C. The document pledging real estate as security for the repayment of a debt.
D. A legal source of a person’s income.
D. A legal source of a person’s income.
Color:
A. A person’s membership in a group possessing characteristics and traits transmitted by descent.
B. Any system of marking or visual designation that uses specific colors for indicating or simplifying, as on a chart or map.
C. A protected class under fair housing law that refers to a person’s skin color.
D. The quality or state of having the same rights or social status.
C. A protected class under fair housing law that refers to a person’s skin color.
National origin:
A. The country from which a person or the person’s ancestors originated.
B. Property of married persons acquired prior to marriage, income designated as individual property, appreciation of value from individual property, or gifts and inheritance received during marriage.
C. The point at which something comes into existence or from which it derives or is derived.
D. A monthly magazine with photographs, maps and interesting articles about nature, wild animals, and people from different cultures all over the world.
A. The country from which a person or the person’s ancestors originated.
Marital status:
A. Whether a person is single, married, divorced, separated or widowed.
B. A multiple representation relationship in which both the buyer and the seller are clients of the same firm in the same transaction and each client receives negotiation services from an agent of the firm.
C. The legally or formally recognized union of a man and a woman.
D. A protected class that protects families in which one or more children under 18 years old lives with a parent, a person who has legal custody, or the designee of the parent or legal custodian.
A. Whether a person is single, married, divorced, separated or widowed.
Sexual orientation:
A. Position or positioning with relation to the points of the compass.
B. An agency relationship where an agent is authorized by a principal to perform one particular act or transaction.
C. A class protected under fair housing law referring to gender.
D. Preferring heterosexuality, homosexuality, bisexuality, having a history of such a preference, or being identifies with such a preference.
D. Preferring heterosexuality, bisexuality, having a history of such a preference, or being identified with such a preference.
Race:
A. A person’s religious and ethnic background.
B. A protected class under fair housing law that refers to a person’s skin color.
C. A person’s membership in a group possessing characteristics and traits transmitted by descent.
D. A competition between runners, horses, vehicles, boats, etc., to see which is the fastest in covering a set course.
C. A person’s membership in a group possessing characteristics and traits transmitted by descent.
Sex:
A. A person’s membership in a group possessing characteristics and traits transmitted by descent.
B. The practice of restraining oneself from indulging in something.
C. A class protected under fair housing law referring to gender.
D. having a preference for heterosexuality, homosexuality, bisexuality, having a history of such a preference, or being identifies with such a preference.
C. A class protected under fair housing law referring to gender.
Age:
A. An indefinite and very long period of time.
B. A technique used to date materials such as rocks.
C. A protected class under Wisconsin fair housing law that refers to any person at least 18 years of age.
D. Having lived for a specified length of time.
C. A protected class under Wisconsin fair housing law that refers to any person at least 18 years of age.
Ancestry:
A. Of, relating to or inherited from an ancestor.
B. Restless, nervous and impatient.
C. A person who succeeds another.
D. A person’s racial and ethnic background.
D. A person’s racial and ethnic background.
Familial status:
A. Two or more persons holding title to real property who are named on the same deed and share an undivided possession of the property.
B. A protected class that protects families in which one or more children under 18 years old lives with a parent, a person who has legal custody, or the designee of the parent or legal custodian.
C. An estate in land characterized by an interest in something immobile and of an indefinite duration.
D. One who is placed in a position of trust and confidence, normally responsible for the memory or property of another.
B. A protected class that protects families in which one or more children under 18 years old lives with a parent, a person who has legal custody, or the designee of the parent or legal custodian.
Redlining:
A. To revise in appearance, function or content.
B. The uninterrupted chain of events that lead to a sale.
C. A lender’s refusal to mortgage or an insurance company’s refusal to insure property within a geographic area on the belief that issuing loans or insurance in the area would be a high risk.
D. The value of a lesser property decreases the value of a better property.
C. A lender’s refusal to mortgage or an insurance company’s refusal to insure property within a geographic area on the belief that issuing loans or insurance in the area would be a high risk.
Disability:
A. An intentional distortion of the truth, a false representation or nondisclosure where disclosure should have been made.
B. Natural aptitude or acquired proficiency.
C. A physical or mental impairment that substantially limits one or more major life activities, a record of having such an impairment, or being regarded as having such an impairment.
D. An unwillingness to complete a task despite being able to complete it.
C. A physical or mental impairment that substantially limits one or more major life activities, a record of having such an impairment, or being regarded as having such an impairment.
Blockbusting:
A. The practice of exploiting racial prejudices and the fear of a general decline in a neighborhood’s real estate values to induce homeowners to sell their properties at a low price.
B. An increase in the price of a standardized service over a specific period.
C. To remove a block or obstruction from a property.
D. A contract used to terminate a contract for sale or agency agreement when the parties mutually agree to terminate their original agreement.
A. The practice of exploiting racial prejudices and the fear of a general decline in a neighborhood’s real estate values to induce homeowners to sell their properties at a low price.
