Stigmatized Properties

Question 1

A house that is rumored to be haunted would be an example of a(n)…

Answer 1

stigmatized property

Question 2

___ are that properties that society has branded undesirable because of events that occurred there.

Answer 2

Stigmatized properties

Question 3

If a house is having trouble selling as a result of a known homicide, suicide, or gang-related activities that took place in the house, the property might be ___ by society

Answer 3

stigmatized

Question 4

Real estate licensees should seek ___ when dealing with a stigmatized property

Answer 4

legal counsel

Question 5

There is no potential liability for the licensee when dealing with a stigmatized property, True or false?

Answer 5

False

Question 6

In Illinois, are licensees legally obligated to disclose if a property is stigmatized?

Answer 6

No

Question 7

___ is a general name for state and federal laws that require law enforcement authorities to make information available to the general public regarding registered sex offenders.

Answer 7

Megan’s Law

Question 8

In Illinois, are listing agents legally obligated to disclose if a registered sex offender lives near a listed home?

Answer 8

No

Question 9

If a client asks if any registered sex offenders live on the same street as the property they are looking at, what should the licensee do?

Answer 9

Refer them to the state’s public sex offender registry

Question 10

In Illinois, can a real estate licensee be penalized for failing to disclose to a prospective buyer that a person who had previously occupied the property was HIV positive?

Answer 10

No

Question 11

Any action brought under Article 15 must commence within ___ years after the person bringing the action knew or should have known of such an act or omission.

Answer 11

2