Chapter 7: Federal and State Laws

Question 1

The _____ Act of _____ prohibits discrimination based on race.

Answer 1

Civil Rights Act

1866

Question 2

The _____ Act of _____, also called _____ prohibits discrimination based on race, color, religion, sex, or national origin.

Answer 2

Federal Fair Housing Act
1968
Title VIII
In 1974 Gender was added
People with disabilities and families with children were added in 1988

Question 3

Exceptions to the Federal Fair Housing Act of 1968 are:

1. _____
2. _____
3. _____
4. _____

Answer 3

owner does not use a broker
private clubs
owner-occupied 1-4 units
owned by churches or frats

Question 4

The _____ of ______ expanded the Civil Rights Act to include: persons with limiting physical or mental impairments, drug addicts, persons with HIV/AIDS and recovering alcoholics, and women who are pregnant and people with children under 18.

Answer 4

Fair Housing Amendment

1988

Question 5

true/false: HUD posters are required in all places of business, including model homes in subdivisions.

Answer 5

true

Question 6

The fact that a property was the site of a homicide or suicide is ______ to be disclosed in a transaction.

Answer 6

not required

Question 7

Penalties for violating the Florida Fair Housing Act can range from _____ to _____ dollars.

Answer 7

$10,000

$50,000

Question 8

A lease conveys _____ interest in real property, but does not convey ownership.

Answer 8

legal interest

Question 9

true/false: A lease can be oral or written.

Answer 9

true

Question 10

true/false: Lien foreclosure terminates a lease

Answer 10

true

Question 11

true/false: Condemnation through eminent domain proceedings will terminate a lease

Answer 11

true

Question 12

true/false: Bankruptcy of a tenant can cause termination of a lease

Answer 12

true

Question 13

_____ and _____ of the lessor and lessee are required on a lease.

Answer 13

names and signatures

Question 14

Statute of Frauds requires a lease for more than 1 year to be _____ and _____ in order to be enforceable in court.

Answer 14

written and signed

Question 15

Real estate licensees can fill in the blanks on a residential lease form for periods covering _____ or less.

Answer 15

1 year

Question 16

true/false: Landlords can commingle funds from their personal accounts if they post a surety bond with the clerk of the circuit court in the amount of total holdings, or $50,000, whichever is less and pay the tenant 5% simple interest.

Answer 16

true

Question 17

Landlords can place deposits in interest-bearing accounts and give the tennant ____% simple interest or ____% of the interest earned, at the discretion of the landlord.

Answer 17

5%

75%

Question 18

If the landlord has no intention of making a claim on the security deposit, they have _____ days to return it.

Answer 18

15

Question 19

If a landlord intends to make a claim on a security deposit, they have _____ days to notify the tenant.

Answer 19

30

Question 20

A tenant has _____ days to object to a landlord’s claim on their security deposit.

Answer 20

15

Question 21

If a tenant does not object to a claim on their security deposit, the landlord has _____ days after the notice to impose the claim to return the remaining balance.

Answer 21

30

Question 22

Landlords must give tenants _____ hours notice before entering the premises, and can enter between ______a.m. and _____p.m.

Answer 22

12

7: 30 a.m.
8: 00 p.m.

Question 23

If a landlord does not make repairs to a unit within _____ days after receiving written notice, a tenant can terminate the lease or seek a temporary rate reduction.

Answer 23

7

Question 24

If default continues for _____ days after the landlord delivers a written demand for payment of rent, the landlord pay terminate the lease.

Answer 24

3

Question 25

A _____ lease is a fixed-rent lease. Usually residential.

Answer 25

gross

Question 26

A _____ lease is base rent plus all or a portion of the operating costs. Usually commercial or industrial.

Answer 26

net

Question 27

A _____ lease is base rent plus a percentage of gross sales. Usually malls and shopping centers.

Answer 27

percentage

Question 28

An _____ lease ties the rent amount to a nationally published index. Usually office space.

Answer 28

index

Question 29

A _____ is where a property owner sell the property to an investor, and then immediately leases the property back, freeing up capital.

Answer 29

sale-leaseback

Question 30

A(n) _____ is when a lessee transfers all the their leased space for all of the remaining time to someone else.

Answer 30

assignment

Question 31

A(n) _____ is when a lessee transfers less than 100% of the space they are leasing, or shorter than the remainder time, to another person.

Answer 31

sublease

Question 32

The _____ subleases the property to the _____.

Answer 32

sublessor

sublessee

Question 33

Florida do-not-call law provides for up to _____ fines.

Answer 33

$10,000

Question 34

Federal do-not-call law provides for up to _____ in fines and restricts calling between _____ a.m. and _____ p.m.

Answer 34

$11,000

8: 00 a.m.
9: 00 p.m.

Question 35

Buyers buying a house that was built subsequent to Jan. 1, _____ must be given a lead-based paint disclosure.

Answer 35

1978

Question 36

Any party buying, or leasing for a period of more than _____ days, must be given a radon gas disclosure.

Answer 36

45

Question 37

true/false: A disclosure must be included when there is a mandatory HOA.

Answer 37

true

Question 38

true/false: An “as is” provision in a purchase and sale contract prevents the seller from having to disclose any material defects of the property.

Answer 38

false

Question 39

true/false: A landlord can shut off utility services in order to try to receive rent.

Answer 39

false

Question 40

Inducing an owner to sell their property by telling them their neighborhood is deteriorating or because of an influx on minority persons is called _____.

Answer 40

blockbusting

Question 41

Is it illegal for an owner-occupier of one single-family home to refuse to rent a room to someone based on their race if they do not use a broker?

Answer 41

Yes

Racial discrimination is always prohibited based on the Civil Rights Act of 1866.

Question 42

_____ or _____ is directing someone towards or away from certain neighborhoods because of race, color, religion, sex, or national origin.

Answer 42

Steering or channeling

Question 43

_______ is the refusal by a lender to approve a mortgage on the basis of: geography, age of the property, income level of the residents, or racial composition of the area.

Answer 43

Redlining

Question 44

Representing that a dwelling is not available for rent or sale, when in fact it is, because of racial characteristics of the potential renter would be considered _____.

Answer 44

steering or channeling

Question 45

When a property is sublet, it creates what is called a _____ lease.

Answer 45

sandwich

Question 46

Who enforces the Fair Housing Act?

Answer 46

The United States Department of Housing and Urban Development enforces the fair housing act.

Question 47

Under ___, covered multifamily housing built and ready for occupancy after _____ __, 1991, must follow design requirements to ensure that housing is accessible to persons with disabilities. Covered housing applies to most public and private housing. Owner-occupied buildings with no more than ____ units, single-family housing sold or rented without the use of a broker, and housing operated by organizations and private clubs that limit occupancy to members are exempt from this provision.

Answer 47

Under ADA, covered multifamily housing built and ready for occupancy after March 13, 1991, must follow design requirements to ensure that housing is accessible to persons with disabilities. Covered housing applies to most public and private housing. Owner-occupied buildings with no more than four units, single-family housing sold or rented without the use of a broker, and housing operated by organizations and private clubs that limit occupancy to members are exempt from this provision.

Question 48

The _______ ______ _____ _____ _________ Act was passed by Congress in 1968 to protect consumers from the risk of fraud when purchasing or leasing land.

Answer 48

The Interstate Land Sales Full Disclosure Act was passed by Congress in 1968 to protect consumers from the risk of fraud when purchasing or leasing land.

Land developers must register developments of 100 or more lots with the Consumer Financial Protection Bureau (CFPB). And for developments of 25 or more lots, the developer must give purchasers a Property Report prior to the buyer signing the purchase agreement. The Property Report is a disclosure that details information about the subdivision. Developers who fail to comply with the disclosure requirements risk the buyers rescinding the contract.

Question 49

Florida’s Fair Housing Law protects the same 7 classes as the federal fair housing law and prohibits?

Answer 49

Florida’s Fair Housing Law protects the same 7 classes as the federal fair housing law and prohibits:
• Refusing to rent or sell housing.
• Falsely deny that housing is available for inspection, rental, or sale.
• Refusing to make a mortgage loan.
• Imposing different conditions or terms on a loan.
• Threatening, coercing, or intimidating any individual exercising a fair housing right.
• Refusing reasonable changes to a dwelling to accommodate a disability.