Fair Housing
'Blockbusting' is an illegal practice in which brokers:
ARefuse to show properties in certain neighborhoods
BInduce homeowners to sell by exploiting fears about minorities moving into the area✓ Correct
CCharge minority buyers higher commissions
DRequire minority applicants to use specific lenders
Explanation
Blockbusting (panic selling) involves inducing homeowners to list or sell by suggesting that the entry of a protected class into the neighborhood will cause property values to decline.
Related North Carolina Fair Housing Questions
- A NC broker who intentionally violated the Fair Housing Act may face which of the following consequences?
- The federal Fair Housing Act prohibits discrimination in residential real estate transactions based on all of the following EXCEPT:
- Under NC and federal law, a landlord must provide a 'reasonable accommodation' for a tenant with a disability. 'Reasonable accommodation' means:
- A NC real estate professional who encounters discrimination in housing should be aware that the penalty for a willful first violation of the Fair Housing Act may include:
- A NC homeowners association that enforces rules differently based on residents' national origin would be violating:
- Redlining in real estate refers to:
- A NC property manager who says 'We don't rent to people on Section 8' in a jurisdiction that has source-of-income protection would be violating:
- Under the FHA, 'discriminatory advertising' includes any advertisement that:
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