Chapter 4 Real Estate

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Chapter 4 real Estate
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1

Attorney Generals Memorandum

statement about discrimination everyone listing property must receive

2

Blockbusting

inducing panic selling based on prejudice

3

Civil Rights Act of 1866

federal law, protected classes are race and color, no exceptions.

4

Department of Housing and Urban Development

federal agency enforcing civil rights compliance

5

Federal Fair Housing Act of 1968

federal law setting many protected classes, some exceptions

6

Law against Discrimination

NJ law governing discrimination in real estate transactions

7

Mount Laurel I and II

court cases covering moderate income housing

8

Protected class

specific group that may not be discriminated against

9

Redlining

refusal to lend in certain areas, usually inner city.

10

Reverse discrimination

benign discrimination intended to correct past wrongs

11

Steering

channeling homeseekers to or away from certain areas

12

tester

undercover checker who monitors fair housing complience

13

Title VII

section of federal civil rights act that

14

After John Wilson lists a summer home with salesperson sharon sikes, he informs her of his general dislike of members of a particular ethnic minority group. Sikes later shows the home to two prospective buyers one of whom is a member of this group, and both make an offer. When Wilson contact her again, she does not present him with the lower offer, which was made by the member of the minority. Sikes has violated

a. the NJ real estate license law.

b. the law of agency

c. both the NJ real estate License law and the lawn of agency

d. no law

c. both the NJ real estate License law and the lawn of agency

15

Which of the following acts is permitted under the Federal Fair Housing Act?

a. advertising property for sale only to special group

b. altering the terms of a loan for a member of a minority group

c. refusing to sell a home to an individual because he or she has poor credit history

d. telling a protected individual that an apartment has been rented when in fact it has not.

c. refusing to sell a home to an individual because he or she has poor credit history

16

The Civil Rights Act of 1866 is unique because the act

a. covers only the areas of race and color

b. provides no exceptions

c. requires a federal court suit by the complainant

d. does all of the above

d. does all of the above

17

"I hear they're moving in, there goes the neighborhood. Better list with me today." is an example of

a. steering

b. blockbusting

c. redlining

d. testing

b. blockbusting

18

The act of channeling homeseekers to a particular area, either to maintain or to change the character of a neighborhood is

a. blockbusting

b. redlining

c. steering

s. permitted under the fair housing act of 1968

c. steering

19

Which would NOT be permitted under the Federal Fair Housing act?

A. the Harvard club in NY rents rooms only to graduates of Harvard who belong to the club

b. the owner of a 20 unit apartment building leases to women only

c. a convent refuses to furnish hosing for a Jewish man

d. All of the above

b. the owner of a 20 unit apartment building leases to women only

20

Under federal law, families with children may be refused rental or purchase in buildings where occupancy is reserved exclusively for those aged at least

a. 55

b. 60

c. 62

d. 65

c. 62

21

Guiding prospective buyers to a particular area because the agent feels they belong there may lead to

a. blockbusting

b. redlining

c. steering

d. bird dogging

c. steering

22

Refusal to rent to someone bc they receive public assistance violates

a. NJ statue

b. The law against discrimination

c. the fair housing act of 1968

the civil rights act of 1866

NJ statue

23

A policy of never renting to persons with prison records violates

a. no law

b. NJ executive law

c. the law against discrimination

d. the civil rights act of 1866

a. no law

24

Refusing an apartment to a couple bc they are unmarried violates

a. no law

b. the NJ executive law

c. the law against discrimination

d. the civil rights act of 1866

c. the law against discrimination

25

A mortgage company makes it a practice not to lend money to potential homeowners attempting to purchase property located in predominantly black neighborhoods. This practice is known as

a. redlining

b. blockbusting

c. steering

d. qualifying

a. redlining

26

A court found a landlord guilty of illegal discrimination and ordered him to rent his next available apartment to the person who was unfairly hurt. The court order is an example of

a. punitive damages

b. actual damages

c. an injunction

d. a monetary penalty

c. an injunction

27

The seller who request prohibited discrimination in the showing of a home should be told

a. "as your agent, I have a duty to warm toy that such discrimination could land you in real trouble"

b.i am not allowed to obey such instructions

c. if you persist, ill have to refuse to list your property

d. all of the above

d. all of the above

28

A good precaution against even unintentional discrimination is

a detailed record keeping on each customer

b. use of standard financial interview form

c. routine follow up phone calls

d. all of the above

d. all of the above

29

The federal fair housing Amendment of 1988 added which of the following as new protected classes?

A. occupation and source of income

b. disability and familiar status

c. political affiliation and county of origin

d. prison record and marital status

b. disability and familiar status

30

The fine for a first violation of the Federal Fair housing act could be as much as

a. 5067

b. 12300

c. 15435

d. 19787

d. 19787

31

The only defense against an accusation of illegal discrimination is proof that it

a. was unintentional

b. didn't cause financial loss to anyone

c. arose bc the agent was ignorant of the law

d. didnt occur

d. didnt occur

32

Undercover investigation to see whether fair housing practices are being followed is sometimes made by

a. testers

b. evaluation

c. operatives

d. conciliators

a. testers

33

Participation in the HUD/NAR fair housing partnership is

a. required by law

b. automation when regular dues are paid

c. voluntary

d. open to brokers only.

c. voluntary

34

Complaints brought under the NJ lawn against discrimination

a. must be filed with the NJ superior court

b. must be filed within 180 days after the alleged discriminatory actions occur

c. must be filed with the federal court

d. are also filed in the local court

b. must be filed within 180 days after the alleged discriminatory actions occur

35

The NJ Law against discrimination

a. requires the owner of a multiple dwelling of 35 units or less to file an annual report regarding the racial composition of the residents of the property.

b. disregards discriminatory lending practices on the part of savings and loan associations and other institutions that make mortgage loans

c. permits an owner occupant of one or 2 family residence to deny housing to a tenant based on the applicants age

d. is rarely enforced or observed

c. permits an owner occupant of one or 2 family residence to deny housing to a tenant based on the applicants age

36

If a NJ salesperson sent bright yellow post cards to all of the homeowners in the neighborhood warning them that several immigrant families were planning to love into the hood, and suggested that the property values were about to fall, the sales person would be guilty of

a. redlining

b. screening

c. testing

d. blockbusting

d. blockbusting