Fair Housing
Blockbusting (panic selling) occurs when a licensee:
ARefuses to present an offer to a seller
BInduces homeowners to sell by suggesting that members of a protected class are moving into the neighborhood✓ Correct
CFails to disclose a material defect to a buyer
DLists a property above its market value to discourage minority buyers
Explanation
Blockbusting is the illegal practice of inducing homeowners to sell by playing on fears that people of a certain protected class are moving into the area, with intent to profit from the resulting panic sales.
Related Arkansas Fair Housing Questions
- Under the Fair Housing Act, familial status protects:
- Steering in real estate refers to:
- An Arkansas licensee must include Fair Housing in their continuing education because:
- Steering is a fair housing violation that involves:
- Disparate impact under fair housing law refers to:
- Redlining is a Fair Housing violation in which lenders or insurers:
- Which government agency enforces the federal Fair Housing Act?
- The Civil Rights Act of 1866 prohibits discrimination based solely on:
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