Fair Housing
An Arkansas licensee who believes a seller's instruction constitutes illegal discrimination should:
AFollow the instruction since the seller is the client
BRefuse the instruction and consider withdrawing from the listing✓ Correct
CReport the instruction to the MLS immediately
DInform the buyer of the seller's preference
Explanation
An agent must refuse unlawful instructions. Following a discriminatory instruction violates the Fair Housing Act and can result in license discipline and personal liability.
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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.
AgencyA legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
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