Principles Real Estate Chapter 2 Quiz

Questions and Answers

Which is not a true statement about the Americans with Disabilities Act?

An apartment manager might be required to allow a tenant with a disability to widen a doorway.

A broker might need to change the layout of the office to make the aisles wider for clients in wheelchairs.

A duplex owner might need to remodel the kitchen in the rental unit to accommodate persons with disabilities. (correct)

A shopping center might have to remodel their public restrooms.

Which of the following is not a source of information for professional ethics codes?

Real estate schools (correct)

Licensing regulations

Real estate associations

State laws

A person who believes he or she has been discriminated against has how long from the time of the alleged violation to file a suit in a state or federal court?

6 months

24 months (correct)

12 months

18 months

If a person believes he or she has been discriminated against, how long does he or she have to file a HUD complaint?

1 year Signup and view all the answers

Which California Fair Housing law provides protection from discrimination by business establishments?

Unruh Civil Rights Act Signup and view all the answers

If a broker receives a deposit check with a purchase contract, which of these is he not allowed to do?

Deposit into the brokerage business account. Signup and view all the answers

Which Fair Housing Law added sex to the list of protected classes?

Housing and Community Development Act Signup and view all the answers

How long must trust account records be kept?

3 years Signup and view all the answers

A broker induces an owner to sell by telling him that Hispanics are moving into the neighborhood. This broker is guilty of what prohibited activity?

Panic selling Signup and view all the answers

Which of these is not an exemption to fair housing law?

The sale of a single-family home by an owner who owns five residences Signup and view all the answers

Study Notes

Americans with Disabilities Act

Brokers may need to adjust office layouts for accessibility.
Duplex owners are not obligated to remodel kitchens for disabled tenants.

Professional Ethics Codes

Sources include state laws, licensing regulations, and real estate associations.
Real estate schools are not considered a source.

Discrimination Claims

Individuals have 24 months to file a lawsuit for alleged discrimination in state or federal court.
Complaints to HUD must be filed within 1 year of the incident.

California Fair Housing Laws

The Unruh Civil Rights Act protects against discrimination by business establishments.

Trust Account Regulations

Brokers cannot deposit client funds directly into their business accounts; funds must be held in escrow or with buyer's consent.
Trust account records must be maintained for 3 years.

Fair Housing Amendments

The Housing and Community Development Act included sex as a protected class.
Panic selling occurs when a broker pressures an owner to sell based on demographic changes in the neighborhood.

Fair Housing Exemptions

Exemptions include senior housing for those 62+, religious organizations providing limited housing, and rental units in owner-occupied four-family flats.
Selling a single-family home by an owner with five residences does not qualify for exemption.

Description

Test your knowledge on the Americans with Disabilities Act as it pertains to real estate practices. This quiz covers important aspects of accessibility and legal obligations for brokers and property managers. Evaluate your understanding of how these principles influence real estate operations.