Fair Housing
Blockbusting under the Fair Housing Act is:
AA legal marketing strategy for distressed properties
BThe illegal practice of inducing homeowners to sell by suggesting that minority groups are moving into the neighborhood✓ Correct
CBulk purchasing of foreclosure properties
DBlocking a competitive broker's sign on a property
Explanation
Blockbusting (panic peddling) is the illegal practice of convincing homeowners to sell quickly by suggesting that the entry of minority groups will cause neighborhood decline and property value decreases. It violates the Fair Housing Act.
Related Iowa Fair Housing Questions
- Iowa landlords may ask a prospective tenant with a disability for documentation of their disability-related need for an accommodation or modification when:
- An Iowa landlord charges a higher security deposit to a tenant with a physical disability. This is:
- The Americans with Disabilities Act (ADA) as it applies to commercial real estate requires:
- Under the Fair Housing Act, which of the following is a permitted exemption?
- The Iowa Civil Rights Commission enforces Iowa's fair housing laws. To file a complaint in Iowa, the complaint must generally be filed within:
- Under the Fair Housing Act, which of the following statements in a rental ad is ILLEGAL?
- Blockbusting in Iowa real estate is:
- The Fair Housing Act's prohibition on advertising based on protected classes means that an ad may not:
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