Fair Housing
What is a 'fair housing audit' of a Hawaii real estate brokerage and why might one be conducted?
AA. A financial audit of the brokerage's trust accounts for fair housing compliance
BB. A systematic testing and review of a brokerage's practices, policies, and advertising to assess compliance with fair housing laws and identify discriminatory patterns✓ Correct
CC. A government inspection required every 5 years for all Hawaii brokerages
DD. An audit conducted by NAR to verify REALTOR Code of Ethics compliance
Explanation
A fair housing audit involves systematic testing (paired testers with different protected characteristics) and review of a brokerage's marketing, policies, training, and transaction practices to assess fair housing compliance. Audits may be conducted by fair housing organizations, government agencies, or proactively by brokerages to identify and correct discriminatory patterns before they become complaints.
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