Fair Housing
Which of the following describes 'source of income discrimination' in Alaska housing?
ACharging different rents based on a tenant's profession
BRefusing to rent to tenants who use housing choice vouchers (Section 8)✓ Correct
CRequiring a co-signer from tenants with lower incomes
DBoth A and C
Explanation
While source of income is not a federally protected class, many states and municipalities protect it. Alaska has moved toward broader protections.
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Key Terms to Know
Fair Housing Act
Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
SteeringAn illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.
Pre-ApprovalA lender's conditional commitment to loan a specific amount to a borrower, based on verified income, credit, and assets.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
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