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Search Homes
Map Search
Advanced Search
Sell Your Home
3D Virtual Real Estate Tours
Aerial Real Estate Photography & Videography
Professional Real Estate Photography & Processing
In-House Real Estate Marketing & Design
Communities We Serve
Greensboro NC
High Point NC
Kernersville NC
Lexington NC
Winston-Salem
Lewisville and Clemmons
King NC
Mocksville NC
Other Areas
Salisbury NC
Lake Norman
High Rock Lake
About Mantle
Mantle Real Estate Agents
Blog
Contact Mantle
Review Us
Resources
Guide to Buying a Home
Guide to Selling Your Home
Home Buyer Terms
Utilities Contact Info
Featured Vendors
Swag
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Marketing Regulations Exam Prep
Marketing Regulations Exam Prep
A broker informs a homeowner that a member of a minority group may be moving into the neighborhood. The broker sees that the homeowner is very upset, and offers to buy his house at a low price. The broker is guilty of:
None of the answers
Redlining
Blockbusting
Steering
You are about to buy a house that has been built prior to 1978. What disclosure should be given to you by the seller?
A lead-based paint disclosure form
All of these answers
A closing disclosure
A Miranda warning
The agency of the Federal government that administers fair housing laws is:
ARELLO
HUD
AIREA
VA
Commingling refers to:
Employing Realtors and the non-Realtors in the same office
Meetings with both brokers and sales associates present
Depositing client funds in the broker operating account
Cooperating with another broker in a transaction
In a suit brought under the Federal Fair Housing Law as amended, punitive damages may be as much as:
$10,000
There is no limit on punitive damages
$1,000
$50,000
A licensee commits steering if:
All answers choices given
He or she steers clients into a particular neighborhood because of race, religion etc
He or she directs prospective clients to another licensee of their own national origin or color
He or she directs prospective tenants away from a certain neighborhood because of the racial make-up of that neighborhood
Under the Federal Fair Housing Act of 1968, it is permissible to:
Alter the terms of the loan for a member of a minority
Tell an individual that an apartment has been rented when in fact it has not
Refuse to give a loan to an individual because he has poor credit history
Advertise property for sale only to a special group
A real estate licensee needs to have:
A broad understanding of law and how it affects real estates
An in-depth understanding of constitutional law
Legal experience as a practicing lawyer
Little understanding of law because competent attorneys are available
An illegal act that encourages homeowners to sell their property because minorities are moving into the neighborhood is:
Panic buying
Redlining
Steering
Blockbusting
The sources of law that affect real estate transactions and activity are:
Court decisions
State and federal legislations
Local ordinances passed by towns, cities, and villages
All answers choices given
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