What is 'source of income' protection and does Delaware include it in fair housing law?
Why Source of income protection prohibits discrimination against tenants based on how they pay rent (Section 8 vouchers, disability payments, etc.) Is Correct
Answer B: Source of income protection prohibits discrimination against tenants based on how they pay rent (Section 8 vouchers, disability payments, etc.)
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.
Key Fair Housing Terms in This Question
People Also Study
Related Delaware Questions
- Which of the following is a protected class under BOTH the federal Fair Housing Act and Delaware state fair housing law?Fair Housing
- Delaware's state fair housing law expands federal protections by adding which additional protected class?Fair Housing
- Which of the following is NOT a protected class under the federal Fair Housing Act?Fair Housing
- Delaware's state fair housing law expands federal protections by adding which additional protected class?Fair Housing
- Concurrent ownership refers to:Property Ownership
- A property's land-to-building value ratio is important in the cost approach because:Property Valuation
- A Delaware buyer's gross monthly income is $7,500. Using a 43% back-end (total debt) ratio, what is the maximum total monthly debt (including housing)?Real Estate Math
- A Delaware property generates $4,200 monthly gross rental income. Using a GRM of 115 (monthly), what is the estimated value?Real Estate Math
Key Terms to Know
Federal 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.
Pre-ApprovalA lender's conditional commitment to loan a specific amount to a borrower, based on verified income, credit, and assets.
Gross Rent Multiplier (GRM)A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
Math Concepts
Study This Topic
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →