Arkansas Real Estate License Fair Housing and Federal Laws

Question 1

The federal Fair Housing Act of 1968 prohibits discrimination based on which of the following protected classes?

Accepted Answer

Race, color, religion, and national origin

Answer

Age, income, and education level

Answer

Occupation and marital status

Answer

Political affiliation and credit score

Question 2

Which amendment to the Fair Housing Act added familial status and disability as protected classes?

Accepted Answer

The Fair Housing Amendments Act of 1988

Answer

The Civil Rights Act of 1972

Answer

The Housing and Urban Development Act of 1974

Answer

The Equal Credit Opportunity Act of 1975

Question 3

Steering is a Fair Housing violation that occurs when a licensee:

Accepted Answer

Directs buyers toward or away from neighborhoods based on race or other protected characteristics

Answer

Refuses to show listings to qualified buyers

Answer

Advertises properties using discriminatory language

Answer

Charges different commission rates based on buyer demographics

Question 4

Under the Fair Housing Act, which of the following is an example of blockbusting?

Accepted Answer

Inducing homeowners to sell by suggesting that minorities are moving into the neighborhood

Answer

Refusing to make mortgage loans in certain geographic areas

Answer

Advertising a property as unavailable when it is actually available

Answer

Setting different rental terms for tenants of different nationalities

Question 5

The practice of refusing to make mortgage loans or issue insurance policies in certain geographic areas, regardless of individual qualifications, is called:

Accepted Answer

Redlining

Answer

Steering

Answer

Blockbusting

Answer

Commingling

Question 6

Which federal agency is primarily responsible for enforcing the Fair Housing Act?

Accepted Answer

The U.S. Department of Housing and Urban Development (HUD)

Answer

The Federal Trade Commission (FTC)

Answer

The Consumer Financial Protection Bureau (CFPB)

Answer

The Equal Employment Opportunity Commission (EEOC)