Fair Housing
In Indiana, an agent who exclusively markets luxury properties and never shows properties under $500,000 to minority clients who qualify for such properties is most likely guilty of:
APrice fixing
BSteering✓ Correct
CRedlining
DBlockbusting
Explanation
Steering includes limiting the options shown to buyers based on their protected class status. Showing different price ranges of properties based on race or national origin rather than the buyer's actual qualifications constitutes illegal steering.
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Key Terms to Know
Steering
An 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.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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