Yels

Question 1

In a rental property situation, a landlord may condition the agreement to allow modifications with the stipulation the tenant

Answer 1

Restores the interior of the premises to the premodification condition.

Question 2

It is a legitimate landlord action to

Answer 2

Limit occupancy based on honest square footage limits.

Question 3

Alcoholics and drug addicted who have been diagnosed, treated and are not currently addicted are

Answer 3

Protected under federal fair housing laws as having a disability.

Question 4

If a mentally ill tenant is behaving inappropriately and reasonable action such as counseling has not solved the problem,

Answer 4

The tenant may be evicted. A landlord does not have to tolerate such behavior by a mentally ill tenant.

Question 5

Types of illegal activity under familial status include:

Answer 5

Charging higher security deposits, segregating families within buildings, maintaining “adults only” complexes that do not constitute housing for older adults.

Question 6

Types of illegal activity under provisions for the handicapped include:

Answer 6

Refusal to permit reasonable accommodations for the full enjoyment of the renter, refusal to make reasonable accommodations, failure to design and construct for first occupancy as of March 1991 an accessible rout info and through the dwelling.

Question 7

The 1988 amendments also provide that certain properties may be restricted for

Answer 7

Occupancy by the elderly.

Question 8

The amendments provide an exemption from the ______ status protection for housing intended for or occupied solely by persons ___ years of age or older, or housing intended or occupied by at least one person ___ years of age or older per unit.

Answer 8

Familial; 62; 55

Question 9

Properties complying with the 55 or older exemption must have at least

Answer 9

80% if the units occupied by at least one individual who is 55 years of age or older.

Question 10

Exemption properties also must publish policies and procedures that

Answer 10

Demonstrate the intent to provide housing for these individuals

Question 11

The 1988 amendments do not require that housing be made available to

Answer 11

Individuals who would constitute a direct threat to health or safety, and individuals who have been convicted drug dealers.

Question 12

A civil penalty against the respondent, not exceeding ______ for the first offense

Answer 12

16,000

Question 13

A penalty not exceeding ____ if another offense was committed within the past five years.

Answer 13

37,500

Question 14

A penalty not exceeding _____ if two or more discriminatory practices have been found in the past seven years.

Answer 14

65,000

Question 15

An order for _______ her May include actual damages, injunctive relief, and other equitable relief.

Answer 15

Appropriate relief

Question 16

Exemptions from the fair housing law: sale or rental of a single family home if the home is owned by a person who does not own more than ___ such homes at one time and if certain conditions exist, such as a

Answer 16

3; broker cannot be used, discriminatory advertising is not used, and if the owner is not currently living in the home or was not the most recent occupant

Question 17

Rental rooms or units in an owner occupied, one family to ___ family dwelling is exempted from fair housing laws.

Answer 17

4

Question 18

Dwelling units owned by religious organizations may be restricted to persons of the same religion if membership is not restricted on the basis of

Answer 18

Race, color, sex, National origin, disability or familial status.

Question 19

Lodging of a private club may be restricted to members as long as

Answer 19

The lodgings are not operated commercially.

Question 20

The truth in lending act affects lenders, as well as real estate brokers or even property owners advertising their own real estate when financing terms are included in their advertising.

Answer 20

Truth in advertising

Question 21

The broker is generally prohibited from placing

Answer 21

Blind add - those that do not identify the broker as the advertiser.

Question 22

HUD’s advertising guidelines cover the categories of:

Answer 22

All protected classes and photographs or illustrations of people.

Question 23

Establishes basic rules for creating legally enforceable electronic contracts.

Answer 23

UETA or the uniform electronics transactions act

Question 24

A primary database used in the marketing of real estate.

Answer 24

Internet listing display policy or ILDP

Question 25

Most real estate licensees are affiliated with their brokers as

Answer 25

Employed independent contractors.

Question 26

A principal or employing broker could be held liable for

Answer 26

Acts of his or her employees

Question 27

A principal broker can not control

Answer 27

the working conditions of an independent contractor

Question 28

A principal broker could be held liable for the acts of

Answer 28

His or her independent contractor.

Question 29

Refers to who caused the sale to happen this is entitled to commission

Answer 29

Procuring cause

Question 30

Extends listing protection for the broker and protects brokers commission for a period of time after expiration of the listing contract for identities parties, such as

Answer 30

Protection clause; a buyer who negotiated on the property during the listing period and who buys the property after the listing has expired.

Question 31

Referral fees and ___ fees are interchangeable terms

Answer 31

Finders

Question 32

Salespeople May receive money only from

Answer 32

The principal broker and not other licensees.

Question 33

Avoiding unauthorized practices of law can include never telling a client or customer that they

Answer 33

Don’t need legal advice

Question 34

Never sign a document on behalf of

Answer 34

A client or customer unless acting as a universal agent

Question 35

Do not change the terms and conditions of an approved form unless

Answer 35

Directed by the client.

Question 36

Agreement among brokerage firms or real estate professionals to divide their markets and refrain from competing for each other’s business

Answer 36

Allocation of markets

Question 37

Conspiracy among brokerages to set prices for their services rather than negotiating such fees

Answer 37

Price fixing

Question 38

Two or more businesses conspire against other businesses to reduce competition

Answer 38

Boycotting

Question 39

Agreements to sell one product only if buyer purchases another product as well

Answer 39

Tie in agreement

Question 40

Reals stare professionals found guilty of violating the Sherman antitrust laws may be found guilty of a felony and punishable by a maximum of

Answer 40

1 million dollar fine and 10 years in prison.

Question 41

I’m a civil suit, a broker found guilty of a violation of the Sherman antitrust act is liable for

Answer 41

Triple damages plus attorney and court costs.

Question 42

The purpose of antitrust laws is to

Answer 42

Protect competition.