Real Estate Sales Exam Fair Housing and Disclosures 4

Question 1

A landlord requires all tenants to speak English fluently as a condition of tenancy. This policy most likely violates the Fair Housing Act's prohibition on discrimination based on:

Accepted Answer

National origin

Answer

Language requirements that disproportionately affect certain national origin groups can constitute illegal discrimination under the Fair Housing Act.

Question 2

Under the Lead-Based Paint Disclosure rule, sellers of homes built before 1978 must:

Accepted Answer

Provide buyers with a disclosure form and EPA pamphlet and allow 10 days for inspection

Answer

Federal law requires sellers of pre-1978 homes to disclose known lead hazards, provide an EPA pamphlet, and give buyers a 10-day inspection period.

Question 3

Which agency primarily enforces the federal Fair Housing Act?

Accepted Answer

Department of Housing and Urban Development (HUD)

Answer

HUD is the primary federal agency responsible for enforcing the Fair Housing Act, though the DOJ can also bring cases.

Question 4

A seller instructs an agent not to disclose that the home's furnace is at end of life and needs replacement. The agent should:

Accepted Answer

Disclose the defect to buyers because it is a material fact

Answer

Agents have a duty to disclose known material defects to buyers regardless of seller instructions to conceal them.

Question 5

Redlining refers to the practice of:

Accepted Answer

Marking boundaries on maps to exclude racial minorities from obtaining mortgages in certain areas

Answer

Redlining is the illegal practice of refusing loans or insurance to people in certain areas, often based on the racial composition of those neighborhoods.

Real Estate Sales Exam Practice Test

Real Estate Sales Exam Practice Test

Real Estate Sales Exam Fair Housing and Disclosures 4