This federal law requires the disclosure to borrowers of settlement (closing) procedures and costs by means of a pamphlet and forms prescribed by the United States Department of Housing and Urban Development (HUD)...?
RESPA
The Sherman Anti-Trust Act prohibits which of the following...?
Price fixing,Market allocation,Group boycotting
The unlawful appropriation of another's property or funds is known as...?
Conversion
The Fair Employment Housing Act is also known as the Rumford Fair Housing Act...?
(True)
In order to be considered a senior living residence, at least 80% of the units must be occupied by persons ..........years or older?
55
A federal legislation including the imposition of civil and punitive damages for anti-trust activities is known as the...?
Sherman Anti-Trust Act
Money, or other things of value, that a real estate agent receives on behalf of the principal or any other person involved in a transaction are known as...?
Trust funds
The illegal mixing of personal funds with money held in trust on behalf of a client is known as...?
Commingling
Which of the following is considered a support or service animal...?
Seeing-eye dog
Real estate brokers are required to maintain records of each transaction for at least how many years...?
3
Ethics tends to preceed law...?
(True)
Moral principles that govern a person's or group's behavior are known as...?
Ethics
This federal law prohibits all discrimination on the basis of race only...?
Civil Rights Act of 1866
Any licensed real estate broker or agent can call themselves a Realtor...?
(False)
This federal law prohibits discrimination in the sale, rental, financing, or appraisal of housing on the basis of race, color, religion, gender, national origin, handicap, or familial status...?
Fair Housing Act of 1968
This federal law prohibits discrimination on the basis of race, sex, color, national origin, or gender in any housing program receiving federal money...?
Civil Rights Act of 1964
Using racial, ethnic, or religious criteria in suggesting, recommending, and/or influencing individuals regarding locations for the purchase or rental of a single family residence or rental dwelling is known as...?
Steering
This court cased determined it was unconstitutional to refuse to sell a house on the basis of race...?
Jones v. Mayer
The refusal to lend money within a specific area for various reasons is known as...?
Redlining
The use of prejudice to instill fear, or panic, in order to motivate individuals in a particular area or neighborhood to sell or dispose of their property because of the entrance, or potential entry, of a protected class is known as...?
Blockbusting
Steering is commonly associated with...?
Buyers
Blockbusting is also known as panic selling...?
(True)
Discrimination in advertising is covered under the Civil Rights Act of 1968...?
(True)
Which of the following is considered an illegal action under the fair housing laws...?
Steering,Blockbusting,Redlining
A federal law protecting the rights of individuals with physical or mental impairments is known as the...?
Americans with Disabilities Act
A long-term physical or mental impairment, or condition, that substantially limits a person's major activities is known as a/an...?
Disability
Which of the following prohibited discrimination in housing whenever federal funds were involved...?
Executive Order 11063
Public accommodations for handicapped individuals is required under the...?
Americans with Disabilities Act
A landlord is not allowed to charge an increased security deposit for a tenant with a service animal...?
(True)
Familial status became a protected class under the...?
1988 Fair Housing Amendment Act