Civil Rights Laws and Regulations Quiz

Civil Rights Laws

• Key civil rights laws include the Rumford Act, Unruh Act, and Fair Housing Act.
• All of these laws encompass protections against discrimination in various contexts.

Commissioner's Regulations

• Section 2785(a) addresses "Unlawful Conduct."
• "Ethical Conduct" is regulated under section 2785(b).

Binding Legal Ramifications

• Only the Regulations of the Commissioner have binding legal authority, distinguishing them from the Codes of Ethics of Realtors® and Realtists.

Misrepresentations

• Under Regulation 2785(a), substantial misrepresentation that affects the market value of a property is prohibited.
• Making false claims can lead to significant legal consequences.

Prohibited Activities

• Regulation 2785(a) makes it unlawful to commit fraud, engage in dishonest dealings, or conduct warranting denial of license.

Closing Costs

• Underestimating closing costs is categorized as unlawful conduct, contrary to overestimating or exaggerating costs, which may not always be deemed illegal.

Exclusive Listings

• All exclusive listings are required to have a definitive termination date to ensure clarity and avoid misunderstandings.

Advertising Regulations

• The Business and Professions Code prohibits false advertising not just in subdivision sales, but also in general property sales.

Codes of Ethics

• The California Apartment Association is notable for lacking a formal Code of Ethics, unlike Realtors® and Realtists.