Fair Housing
Redlining is a discriminatory practice in which lenders:
AOffer lower interest rates to buyers in minority neighborhoods
BRefuse to make loans or offer inferior terms in certain geographic areas based on racial composition✓ Correct
CSteer buyers to properties in specific neighborhoods
DAdvertise properties exclusively to one racial group
Explanation
Redlining is the illegal practice of refusing mortgage loans or offering inferior loan terms in certain geographic areas based on the racial or ethnic composition of those areas.
Related Arkansas Fair Housing Questions
- Which of the following represents a fair housing issue in mortgage lending?
- The Jones v. Alfred H. Mayer Co. (1968) Supreme Court ruling held that:
- A real estate salesperson shows homes in different price ranges to buyers of different races who have identical financial qualifications. This is an example of:
- A real estate agent who writes 'no Section 8' in an MLS listing remark in a jurisdiction where source of income is a protected class is:
- A landlord who has a 'no pets' policy refuses to allow a tenant with severe depression to keep an emotional support animal. This is:
- A real estate broker may be held vicariously liable for a salesperson's fair housing violation if:
- A housing provider who uses overly broad criminal history screening (e.g., rejecting all applicants with any arrest record) may be found to violate fair housing under:
- An agent who refuses to show a buyer homes in a neighborhood because 'you won't be comfortable there' without basis in the buyer's stated preferences is engaging in:
Practice More Arkansas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arkansas Quiz →