Podcast
Questions and Answers
Which is not a true statement about the Americans with Disabilities Act?
Which is not a true statement about the Americans with Disabilities Act?
Which of the following is not a source of information for professional ethics codes?
Which of the following is not a source of information for professional ethics codes?
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?
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?
If a person believes he or she has been discriminated against, how long does he or she have to file a HUD complaint?
If a person believes he or she has been discriminated against, how long does he or she have to file a HUD complaint?
Signup and view all the answers
Which California Fair Housing law provides protection from discrimination by business establishments?
Which California Fair Housing law provides protection from discrimination by business establishments?
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?
If a broker receives a deposit check with a purchase contract, which of these is he not allowed to do?
Signup and view all the answers
Which Fair Housing Law added sex to the list of protected classes?
Which Fair Housing Law added sex to the list of protected classes?
Signup and view all the answers
How long must trust account records be kept?
How long must trust account records be kept?
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?
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?
Signup and view all the answers
Which of these is not an exemption to fair housing law?
Which of these is not an exemption to fair housing law?
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.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
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.
