An Arizona property manager may ask a prospective tenant for:
Why Employment history, credit report authorization, and rental history Is Correct
Answer C: Employment history, credit report authorization, and rental history
Exam Tip: Fair Housing
Fair Housing questions test both federal (Fair Housing Act of 1968) and state-level protected classes. The federal protected classes are race, color, religion, national origin, sex, familial status, and disability. Many states add additional protections.
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Related Arizona Questions
- Arizona's Fair Housing Act adds which protected class not included in the federal Fair Housing Act?Fair Housing
- An Arizona property manager refuses to rent to a prospective tenant with a service animal, citing a strict 'no pets' policy. This is MOST likely a violation of the Fair Housing Act's provisions regarding:Fair Housing
- An Arizona landlord tells a prospective tenant 'we don't rent to people like you.' If the prospective tenant is a member of a protected class, this statement may constitute:Fair Housing
- Under Arizona fair housing law, a landlord may legally refuse to rent to a prospective tenant based on:Fair Housing
- When a property manager in Arizona also represents a prospective tenant, this creates a:Agency
- An Arizona income property generates gross rents of $90,000 per year. Vacancy and credit losses are 5%, and operating expenses are $35,000. What is the Net Operating Income (NOI)?Property Valuation
- An Arizona appraiser is valuing a historic adobe home. There are very few comparable sales and it generates no rental income. Which appraisal approach would MOST likely be given the most weight?Property Valuation
- The Fair Credit Reporting Act (FCRA) in Arizona gives mortgage applicants the right to:Finance
Key Terms to Know
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
Fair Housing ActFederal 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.
Debt-to-Income Ratio (DTI)A lender's measure of a borrower's monthly debt obligations relative to their gross monthly income, used to evaluate loan eligibility.
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