Fair Housing
Which of the following is an example of redlining?
AA lender refusing to make mortgage loans in certain neighborhoods based on the racial or ethnic composition of the area✓ Correct
BA landlord refusing to rent to a tenant with poor credit
CA seller rejecting a low offer from a buyer
DAn appraiser valuing a property below its asking price
Explanation
Redlining is the illegal practice by lenders or insurers of refusing to offer services, or offering them on less favorable terms, based on the racial or ethnic composition of a neighborhood.
Related Arkansas Fair Housing Questions
- A mortgage lender who charges higher interest rates to borrowers in certain zip codes regardless of creditworthiness may be engaging in:
- Redlining is a Fair Housing violation in which lenders or insurers:
- The federal Fair Housing Act prohibits discrimination based on which protected classes?
- The Federal Fair Housing Act of 1968 prohibits discrimination based on which protected classes?
- Steering in real estate is defined as:
- HUD's advertising guidelines under the Fair Housing Act state that ads should NOT:
- A property manager who tells a minority applicant that no units are available when units are in fact available is committing:
- Blockbusting (panic selling) occurs when a licensee:
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