Fair Housing
Steering in Kansas real estate refers to:
AGuiding buyers to favorable financing options
BDirecting buyers toward or away from neighborhoods based on protected class characteristics✓ Correct
CNegotiating the best possible price for a buyer
DAdvising buyers on school district quality
Explanation
Steering is the illegal practice of directing buyers toward or away from certain neighborhoods based on the racial, ethnic, or other protected characteristics of the area's residents.
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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.
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.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
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