Arkansas Real Estate License Fair Housing and Federal Laws 1

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

The original Fair Housing Act of 1968 established race, color, religion, and national origin as the initial four protected classes.

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 Fair Housing Amendments Act of 1988 expanded the protected classes to include familial status and disability.

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

Steering involves directing prospective buyers or renters toward or away from specific areas based on protected class characteristics.

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

Blockbusting is the illegal practice of inducing panic selling by implying that a neighborhood's character will change due to minority entry.

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

Redlining is the discriminatory practice of denying financial services to residents of specific areas based on the racial or ethnic composition of those areas.

Arkansas Real Estate License Practice Test

Arkansas Real Estate License Practice Test

Arkansas Real Estate License Fair Housing and Federal Laws 1