Unit 11 - Vocab

Question 1

___________ has specific rules regarding violations of the Pennsylvania Human Relations Act.

Answer 1

Section 22 under Chapter 604

Question 2

In the event that the Human Relations Commission does not act on a discrimination complaint within ____ after it is filed, the State Real Estate Commission may proceed with action against a licensee.

Answer 2

90 days

Question 3

In other words it is illegal under Pennsylvania Human Relations Act to commit:

Answer 3

Panic Peddling, Blockbusting;
Steering; or,
Redlining

Question 4

Panic Peddling

Answer 4

the illegal practice by licensees of getting listings of homes by telling the current home owners that “they are moving in” and implying that if the current owner does not move out now, the owners may not be able to get full value for their homes before the neighborhood deteriorates. Panic Peddling is strictly prohibited by all Fair Housing Acts, state or federal.

Question 5

Blockbusting

Answer 5

is another name for panic peddling and is designed to cause sellers to list and sell their properties because they fear that other races, color, religion, etc. will diminish the value of the property. Licensees promote fear so that the licensee profits. Blockbusting is strictly prohibited by all Fair Housing Acts, state or federal.

Question 6

Steering

Answer 6

is the process of licensees taking certain purchasers to certain, select areas, not based on the economic considerations of the buyer but on race, religion or color. Steering is strictly prohibited by all Fair Housing Acts, state or federal.

Question 7

Redlining

Answer 7

is the process of lenders refusing to lend in certain geographic areas due to racial, ethnic or religious makeup of the area. A map is drawn by the lender and within the redlined area no loans are given, regardless of the ability of the purchaser to pay for the property. Redlining is strictly prohibited by all Fair Housing Acts, state or federal.

Question 8

Unconsolidated Pennsylvania Statutes, Real and Personal Property (Title 68) is known as the ___________________

Answer 8

Real Estate Seller Disclosure Act.

Question 9

Real Estate Seller Disclosure Act.

Answer 9

The purpose of this law is to have a seller disclose to the buyer all the known and material defects in a home before a sales contract is executed.

Question 10

An action for damages as a result of a violation of this act must be begun within _____ from the date of final settlement.

Answer 10

two years

Question 11

Actual Notice

Answer 11

is information or fact that the person knew or should have known by personal observation or by asking questions rather than knowing by point of law. (Sometimes this is referred to as “knowledge by one’s own eye”).

Question 12

________ has the power to make amendments, additions and deletions to the disclosure form.

Answer 12

The Commission

Question 13

If _______ Commission does not act on a discrimination complaint within 90 days, the _______ Commission may proceed with action.

Answer 13

Human Relations;State Real Estate

Question 14

Terms of the Human Relations Act:

Answer 14

“Housing accommodation”
“Handicap or disability”
“Familial status”
“Housing for older persons”

Question 15

Violations which could lead to loss of a real estate license:

Answer 15

-Discrimination due to race, color, religious creed, sex, ancestry, national origin, physical handicap, disability or use of a guide dog because of blindness;
-Giving false information for the purpose of discrimination in housing;
-Making distinctions in locations of housing (steering).

Question 16

Pennsylvania has a ________ tax based on the value of real property. The cost for the state is __ of the value.

Answer 16

realty transfer tax; 1%

Question 17

_______ registrants who violate any provisions of Title 9 Pennsylvania Consolidated Statutes (Burial Grounds) are subject to losing their registration.

Answer 17

Cemetery Company