Fair Housing
Blockbusting (panic selling) is the illegal practice of:
AForeclosing on properties in minority neighborhoods
BInducing homeowners to sell by suggesting that members of a protected class are moving into the area✓ Correct
CRefusing to make loans in certain geographic areas
DSetting different rental rates for different tenants
Explanation
Blockbusting (panic selling) is a fair housing violation in which an agent induces property owners to sell by implying that people of a certain race, religion, or other protected class are moving into the neighborhood, thereby lowering property values.
Related Michigan Fair Housing Questions
- In Michigan, the Home Mortgage Disclosure Act (HMDA) requires lenders to:
- In Michigan, a landlord may legally deny an applicant's rental application based on:
- A Michigan homeowners association rule prohibiting flags, signs, and exterior decorations would most likely be tested for fair housing compliance if it is used to:
- In Michigan, which of the following tenant screening criteria would most likely raise fair housing concerns?
- In Michigan, a complaint alleging fair housing discrimination must be filed with HUD within how many days of the alleged discriminatory act?
- The Americans with Disabilities Act (ADA) primarily applies to:
- Under the Fair Housing Act, a 'housing for older persons' (55+ community) exemption requires that:
- Blockbusting is illegal because it:
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