Question 1

State and local laws that restrict or prohibit discrimination in the availability of rental housing may

Accepted Answer

A)  be more restrictive than federal statutes. 
B)  prohibit additional forms of discrimination. 
C)  both a and b. 
D)  neither a nor b. 
A)  be more restrictive than federal statutes. 
B)  prohibit additional forms of discrimination. 
C)  both a and b. 
D)  neither a nor b.

Question 2

The illegal practice of inducing panic selling in a neighborhood for financial gain is called

Accepted Answer

A)  steering. 
B)  block busting. 
C)  testing. 
D)  discrimination. 
A)  steering. 
B)  block busting. 
C)  testing. 
D)  discrimination.

Question 3

A housing discrimination victim may seek recourse by all EXCEPT

Accepted Answer

A)  formal complaint to the Department of Housing and Urban Development. 
B)  suit in a state court of competent jurisdiction. 
C)  complaint with the state real estate commission. 
D)  complaint filed with the U.S. Attorney General. 
A)  formal complaint to the Department of Housing and Urban Development. 
B)  suit in a state court of competent jurisdiction. 
C)  complaint with the state real estate commission. 
D)  complaint filed with the U.S. Attorney General.

Question 4

Choose the one most appropriate answer for each.
-the act of directing any group away from or to an integrated or minority neighborhood

Accepted Answer

A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII 
A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII

Question 5

Choose the one most appropriate answer for each.
-an individual posing as a potential purchaser to determine whether discrimination exists in a real estate transaction

Accepted Answer

A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII 
A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII

Question 6

A church that operates housing for the elderly may not restrict occupancy to members of the church even if membership in the church is open to all persons.

Accepted Answer

A) True 
 B)False

Question 7

Choose the one most appropriate answer for each.
-one or more individuals being domiciled with a parent or another person having legal custody of such individual

Accepted Answer

A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII 
A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII

Question 8

A real estate broker had a white couple interested in one of his listings but he inflated the price in talking to them and they did not make an offer. Later, the broker solicited an offer from a black couple and induced them to offer less than the listed price. He submitted this offer for acceptance. Was the broker liable under the federal fair housing law?

Accepted Answer

A)  Yes, and the white couple could seek judicial recourse 
B)  Only if he was a black man himself 
C)  No, because the white couple never actually made an offer 
D)  No, because a seller has the right to refuse to sell to anyone 
A)  Yes, and the white couple could seek judicial recourse 
B)  Only if he was a black man himself 
C)  No, because the white couple never actually made an offer 
D)  No, because a seller has the right to refuse to sell to anyone

Question 9

Jones v.Mayer

Accepted Answer

A)  affirmed the 1968 Fair Housing Law. 
B)  affirmed the Civil Rights Act of 1866. 
C)  allowed discrimination based on race. 
D)  was the first major fair housing legislation. 
A)  affirmed the 1968 Fair Housing Law. 
B)  affirmed the Civil Rights Act of 1866. 
C)  allowed discrimination based on race. 
D)  was the first major fair housing legislation.

Question 10

Failure to comply with the Equal Credit Opportunity Act can result in

Accepted Answer

A)  civil liability and subsequent penalties. 
B)  5% of the creditors net worth in class actions. 
C)  criminal penalties only. 
D)  a maximum penalty of $5,000 for each individual case. 
A)  civil liability and subsequent penalties. 
B)  5% of the creditors net worth in class actions. 
C)  criminal penalties only. 
D)  a maximum penalty of $5,000 for each individual case.

Question 11

Choose the one most appropriate answer for each.
-a facility whose operations affect commerce, that are intended for nonresidential use, and is not a facility expressly exempt from coverage under the Fair Housing Act of 1968

Accepted Answer

A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII 
A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII

Question 12

A property can be exempt from allowing children if

Accepted Answer

A)  it is generally occupied by persons 62 years or older. 
B)  there is a swimming pool. 
C)  there are no schools nearby. 
D)  there is no play area. 
A)  it is generally occupied by persons 62 years or older. 
B)  there is a swimming pool. 
C)  there are no schools nearby. 
D)  there is no play area.

Question 13

The federal Fair Housing Law is officially known a Title VIII of the Civil Rights Act of 1968, as amended.

Accepted Answer

A) True 
 B)False

Question 14

The practice of directing home seekers to particular neighborhoods based on race, color, religion, sex, or national origin

Accepted Answer

A)  is known as steering. 
B)  is prohibited by the Civil Rights Act of 1866. 
C)  constitutes blockbusting. 
D)  all of the above. 
A)  is known as steering. 
B)  is prohibited by the Civil Rights Act of 1866. 
C)  constitutes blockbusting. 
D)  all of the above.

Question 15

The Community Reinvestment Act sets dollar amounts that lenders must set aside for lending in their community.

Accepted Answer

A) True 
 B)False

Question 16

Choose the one most appropriate answer for each.
-federal statute prohibiting discrimination in lending practices

Accepted Answer

A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII 
A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII

Question 17

Choose the one most appropriate answer for each.
-having a physical or mental impairment that substantially limits one or more major life activities

Accepted Answer

A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII 
A) Americans with Disabilities Act (AD
A)  
B) block busting 
C) commercial facility 
D) Community Reinvestment Act (CR
A)  
E) CRA statement
F)Equal Credit Opportunity Act
G)Fair Housing Law
H)familial status
I)Fourteenth Amendment
J)handicapped
K)Jones v. Alfred H Mayer Company
L)marital status
M)minority
N)protected class
O)public accommodations
P)Shelley v. Kraemer
Q)steering
R)tester
S)Thirteenth Amendment
T)Title VIII

Question 18

The penalties for violation of federal fair housing laws include fines of not more than ____________________.

Accepted Answer

The answer of The penalties for violation of federal fair...

Question 19

All of the following are true of the ADA, enacted on July 26, 1992, EXCEPT

Accepted Answer

A)  it provides access requirements and prohibits discrimination against disabled people. 
B)  it affects the real estate brokerage industry in that the licensees need to determine compliance. 
C)  it requires modifications to procedures so that disabled individuals are not excluded from regular programs. 
D)  it requires alterations to the property, no matter what that cost will be. 
A)  it provides access requirements and prohibits discrimination against disabled people. 
B)  it affects the real estate brokerage industry in that the licensees need to determine compliance. 
C)  it requires modifications to procedures so that disabled individuals are not excluded from regular programs. 
D)  it requires alterations to the property, no matter what that cost will be.

Question 20

The Americans with Disabilities Act (ADA)is a federal law giving disabled individuals the right of access to commercial facilities open to the public.

Accepted Answer

A) True 
 B)False

Exam 21: Fair Housing, Ada, Equal Credit, and Community Reinvestment

State and local laws that restrict or prohibit discrimination in the availability of rental housing may

The illegal practice of inducing panic selling in a neighborhood for financial gain is called

A housing discrimination victim may seek recourse by all EXCEPT

Choose the one most appropriate answer for each. -the act of directing any group away from or to an integrated or minority neighborhood

Choose the one most appropriate answer for each. -an individual posing as a potential purchaser to determine whether discrimination exists in a real estate transaction

A church that operates housing for the elderly may not restrict occupancy to members of the church even if membership in the church is open to all persons.

Choose the one most appropriate answer for each. -one or more individuals being domiciled with a parent or another person having legal custody of such individual

Jones v.Mayer

Failure to comply with the Equal Credit Opportunity Act can result in

Choose the one most appropriate answer for each. -a facility whose operations affect commerce, that are intended for nonresidential use, and is not a facility expressly exempt from coverage under the Fair Housing Act of 1968

A property can be exempt from allowing children if

The federal Fair Housing Law is officially known a Title VIII of the Civil Rights Act of 1968, as amended.

The practice of directing home seekers to particular neighborhoods based on race, color, religion, sex, or national origin

The Community Reinvestment Act sets dollar amounts that lenders must set aside for lending in their community.

Choose the one most appropriate answer for each. -federal statute prohibiting discrimination in lending practices

Choose the one most appropriate answer for each. -having a physical or mental impairment that substantially limits one or more major life activities

The penalties for violation of federal fair housing laws include fines of not more than ____________________.

All of the following are true of the ADA, enacted on July 26, 1992, EXCEPT

The Americans with Disabilities Act (ADA)is a federal law giving disabled individuals the right of access to commercial facilities open to the public.

Nature and Description of Real Estate

Rights and Interests in Land

Forms of Ownership

Transferring Title

Recordation Abstracts and Title Insurance

Contract Law

Real Estate Sales Contracts

Mortgage and Note

Deed of Trust

Lending Practices

The Loan and the Consumer

Sources of Financing

Types of Financing

Taxes and Assessments

Title Closing and Escrow

Real Estate Leases

Real Estate Appraisal

Licensing Laws and Professional Affiliation

The Principal-Broker Relationship: Employment

The Principal-Broker Relationship: Agency

Condominiums, Cooperatives, Puds, and Timeshares

Property Insurance

Land-Use Control

Real Estate and the Economy

Investing in Real Estate

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