Wisconsin Real Estate License Fair Housing and Ethics 3

Question 1

The Wisconsin agency that regulates real estate licensees is the:

Accepted Answer

Department of Safety and Professional Services (DSPS)

Answer

HUD Regional Office

Answer

Department of Justice

Answer

Consumer Financial Protection Bureau

Question 2

An advertisement stating 'perfect for a Christian family' most likely violates fair housing on the basis of:

Accepted Answer

Religion and familial status

Answer

Sex and age

Answer

Race and color

Answer

Disability

Question 3

Redlining refers to:

Accepted Answer

Denying services like loans or insurance in specific neighborhoods

Answer

Marking up a contract

Answer

Highlighting comparable sales

Answer

Refusing to show luxury homes

Question 4

A licensee's fiduciary duty of loyalty to a client means the agent must:

Accepted Answer

Place the client's interests above their own

Answer

Disclose client's confidential motivations to the other party

Answer

Always accept the lowest commission

Answer

Represent both parties equally

Question 5

An assistance animal for a disabled tenant is best classified as:

Accepted Answer

A reasonable accommodation exempt from pet fees

Answer

A pet subject to pet fees

Answer

A prohibited animal

Answer

A luxury item

Question 6

Which sale is generally exempt from some provisions of the federal Fair Housing Act?

Accepted Answer

An owner selling a single-family home without a broker or discriminatory advertising

Answer

A broker-listed apartment complex

Answer

A publicly advertised condo

Answer

A rental managed by a property company

Question 7

Steering is best defined as:

Accepted Answer

Directing buyers toward or away from areas based on protected class

Answer

Negotiating price aggressively

Answer

Managing a transaction's paperwork

Answer

Advertising a listing widely