Fair Housing
What is an 'affirmative marketing plan' and when is it required for Kansas properties?
AA plan to maximize property sale price
BA written plan outlining how a housing provider will reach persons in all segments of the population including those least likely to apply, often required for HUD-funded housing✓ Correct
CA marketing strategy for luxury properties
DA plan required for all Kansas MLS listings
Explanation
Affirmative marketing plans are required for HUD-assisted and some federally-funded housing developments. They outline how the provider will reach and market to groups, including protected classes, who might otherwise not be aware of the housing opportunity.
People Also Study
Related Kansas Questions
- The federal Fair Housing Act prohibits discrimination based on which of the following protected classes?Fair Housing
- A Kansas real estate license is required to manage rental properties if the property manager:Kansas License Law
- In Kansas, assessed value for property tax purposes is typically what percentage of market value for residential properties?Property Valuation
- In Kansas, 'source of income' is a protected class under fair housing law in:Fair Housing
- Kansas fair housing law applies to which of the following rental properties?Fair Housing
- In Kansas, the term 'protected class' in fair housing law refers to:Fair Housing
- A Kansas real estate agent who becomes aware of housing discrimination by their sponsoring broker must:Kansas License Law
- In Kansas, 'mixed-income housing' developments typically combine:Land Use & Zoning
Key Terms to Know
Fair Housing Act
Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
Gross Rent Multiplier (GRM)A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
Comparable Sales (Comps)Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
Study This Topic
Practice More Kansas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Kansas Quiz →