The Americans with Disabilities Act (ADA) applies to real estate primarily in the context of:
Why Places of public accommodation and commercial facilities, requiring accessibility Is Correct
Answer B: Places of public accommodation and commercial facilities, requiring accessibility
Exam Tip: Fair Housing
Fair Housing questions test both federal (Fair Housing Act of 1968) and state-level protected classes. The federal protected classes are race, color, religion, national origin, sex, familial status, and disability. Many states add additional protections.
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Related North Carolina Questions
- The Americans with Disabilities Act (ADA) primarily applies to which type of properties?Fair Housing
- The Americans with Disabilities Act (ADA) primarily affects real estate by requiring:Fair Housing
- North Carolina requires disclosure of lead-based paint hazards in residential properties built before:Environmental
- A percentage lease typically found in retail properties requires the tenant to pay:Property Management
- A 'percentage lease' commonly used for retail properties in NC requires tenants to pay:Property Management
- An 'Adequate Public Facilities Ordinance' (APFO) in NC requires that:Land Use & Zoning
- Lead-based paint disclosure requirements under federal law apply to the sale of residential housing built before:Environmental
- Under the ADA and Fair Housing Act, a residential building with four or more units built for first occupancy after March 13, 1991 must meet which design requirements?Fair Housing
Key Terms to Know
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.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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