Practice | Unit 4 Flashcards
1
Q
Civil Rights Act of 1866
A
Prohibits racial discrimination
2
Q
Title VIII of the Civil Rights Act of 1968 aka Fair Housing Act
A
Prohibits discrimination in housing based on race, color, religion, or national origin
3
Q
Fair Housing Amendments Act of 1988
A
Added disability and familial status to protected classes
4
Q
What document must real estate licensees present to all prospective seller
A
Official Notice
Purpose is to inform the property owner of both the owner’s and the licensee’s obligations under the fair housing laws.
5
Q
How long does a creditor have to accept or reject a loan application?
A
30 Days
6
Q
Redlining
A
Refusal to make loans or write insurance policies in particular areas
