← All CRM Flashcard Decks

Real Estate Law & Regulations Flashcards

7 cards from real CRM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Real Estate Law & Regulations flashcards as text
  1. A property owner refuses to rent to a family with three children, citing that the unit is designed for only two occupants. Under the Fair Housing Act, this may constitute discrimination based on:

    Answer: Familial status

    Refusing to rent to families with children is discrimination based on familial status, which is a protected class under the Fair Housing Act.

  2. Which of the following describes 'steering' in the context of fair housing law?

    Answer: Directing prospective tenants toward or away from certain areas based on protected characteristics

    Steering is the illegal practice of directing prospective tenants to or away from neighborhoods based on their membership in a protected class.

  3. A manager discovers mold in a rental unit. Under the implied warranty of habitability, the manager must:

    Answer: Remediate it within a reasonable timeframe to maintain habitability

    Significant mold growth can make a unit uninhabitable, requiring the landlord to remediate it promptly to comply with the implied warranty of habitability.

  4. What is the primary purpose of a Subordination, Non-Disturbance, and Attornment (SNDA) agreement in residential property management?

    Answer: To protect tenant lease rights if the property is foreclosed and a new owner takes over

    An SNDA agreement ensures that if a lender forecloses on the property, the tenant's lease remains in force and the tenant agrees to recognize the new owner.

  5. Under federal law, which of the following is a landlord required to provide in units built before 1978?

    Answer: An EPA-approved pamphlet on lead-based paint hazards

    Federal law (42 U.S.C. § 4852d) requires landlords to provide tenants with the EPA pamphlet 'Protect Your Family from Lead in Your Home' for pre-1978 housing.

  6. A tenant abandons a rental unit leaving personal property behind. Under most state laws, the property manager should:

    Answer: Store the property and notify the tenant according to state-specific abandonment procedures

    Most states require landlords to store abandoned property and provide written notice to the tenant before disposal, following specific statutory procedures.

  7. Which federal act prohibits housing discrimination based on sex in residential rentals?

    Answer: The Fair Housing Act of 1968 as amended in 1974

    Sex was added as a protected class under the Fair Housing Act through the Housing and Community Development Act of 1974.