Fair Housing
Several NC municipalities have added which protected class beyond the federal Fair Housing Act's seven classes?
AAge and income level
BMarital status
CSource of income such as housing vouchers✓ Correct
DPolitical affiliation
Explanation
Several NC municipalities have added source of income (e.g.
People Also Study
Related North Carolina Questions
- North Carolina's fair housing laws protect all seven federal protected classes plus:Fair Housing
- Which is NOT a protected class under the federal Fair Housing Act?Fair Housing
- The NC Fair Housing Act (North Carolina law) prohibits housing discrimination based on the same protected classes as the federal act plus:Fair Housing
- A landlord has a policy that no children under 12 may live in their apartment complex. This policy most likely violates which protected class under the Fair Housing Act?Fair Housing
- A North Carolina buyer's monthly payment is $1,800 and their gross monthly income is $5,400. What is their front-end (housing) ratio?Finance
- A borrower in NC has a monthly PITI payment of $1,800 and a gross monthly income of $6,000. Their housing expense ratio is:Real Estate Math
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.
Debt-to-Income Ratio (DTI)A lender's measure of a borrower's monthly debt obligations relative to their gross monthly income, used to evaluate loan eligibility.
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.
Study This Topic
Practice More North Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →