Under NC and federal fair housing law, a seller of their primary residence using a licensed broker for marketing CANNOT lawfully:
Why Reject an offer from a buyer whose race is different from the seller's Is Correct
Answer B: Reject an offer from a buyer whose race is different from the seller's
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
- North Carolina's fair housing laws protect all seven federal protected classes plus:Fair Housing
- Under the Fair Housing Act, an exemption may apply to a private individual selling their own single-family home WITHOUT an agent IF they: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
- Several NC municipalities have added which protected class beyond the federal Fair Housing Act's seven classes?Fair Housing
- A NC property manager who discovers a fair housing violation by a tenant (e.g., a tenant harassing another tenant based on race) should:Property Management
- Lead-based paint disclosure requirements under federal law apply to the sale of residential housing built before:Environmental
- In North Carolina, the homestead exemption protects a homeowner's primary residence from:Property Ownership
- Which federal law prohibits discrimination in mortgage lending based on race, color, religion, national origin, sex, disability, or familial status?Finance
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.
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.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
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