Chapter 7 Flashcards
What does the Civil Rights Act of 1866 state?
The Civil Rights Act of 1866 prohibits any type of discrimination based on race in any real estate transaction.
List all seven protected classes?
Race, religion, color, sex, national origin, familial status, handicap
What is blockbusting?
Blockbusting occurs when a licensee uses the entry, or the rumor of the entry of aprotected class into a neighborhood to persuade owners to sell.
What is steering?
Steering occurs when a licensee channels home-seekers to or away from a particular neighborhood based on discriminatory practices
What is redlining?
Redlining occurs when a lender or insurance company refuses a loan based on discriminatory practices.
What are the three options landlords have available to them to hold advance rent and security deposits based on the Florida Residential Landlord and Tenant Act?
- Hold the advance rent and security deposits in a separate noninterest-bearing bank account in Florida. 2. Hold the advance rents and security deposits in a separate interest-bearingbank account in Florida. 3. Post a surety bond
How many days does a landlord who does not intend to make a claim on the deposit have to return the deposit?
15 days
How many days does a landlord who is making a claim on the deposit have to notify the tenant of the claim?
30 days
How many days does the tenant have to dispute the claim made on the deposit in writing?
15 days
