Unit 3 - part 2

Question 1

What unfair housing practice includes:

Answer 1

1. Blockbusting
2. Steering
3. Advertising
4. Appraising
5. Redlining

Question 2

What is blockbusting?

Answer 2

Encouraging people to sell or rent their homes by claiming that entry of a protected class of people into neighborhood will have some sort of negative impact on property values.

Question 3

What is steering?

Answer 3

Steering is the channeling of homeseekers to particular neighborhood or discouraging potential buyer from considering some areas.

Question 4

What is redlining?

Answer 4

Refusing to make loans or give insurance to someone for reasons other than economic qualifications.

Question 5

What kind of advertising is prohibited?

Answer 5

Advertisements of property for sale or rent must not include language indicating a preference or limitation.

Question 6

Prohibited appraising?

Answer 6

Appraiser may consider any factors that affect property value except race, color, religion, national origin, sex, familial status and disability.

Question 7

Who administrate the Fair Housing Act?

Answer 7

Department for Housing and Urban Development (HUD).

Question 8

What is penalty for violating the Fair Housing Act?

Answer 8

$16,000 for the first offense
$37,500 for the second offense within five years
$70,000 for the third offense within seven years