Fair Housing
The Americans with Disabilities Act (ADA) requires which Kentucky properties to provide accessible features?
AAll single-family homes built after 1990
BPublic accommodations and commercial facilities✓ Correct
CAll rental properties with more than 2 units
DAll properties listed on the MLS
Explanation
The ADA requires public accommodations and commercial facilities (such as stores, offices, and hotels) to be accessible to persons with disabilities. It applies to commercial, not residential, properties.
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Key Terms to Know
Gross Rent Multiplier (GRM)
A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
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.
SteeringAn 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.
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