Fair Housing
Blockbusting in Rhode Island real estate refers to:
APurchasing foreclosed properties at a discount
BInducing homeowners to sell by suggesting a neighborhood is changing due to minority move-ins✓ Correct
CBlocking a competing brokerage from listing properties
DPurchasing multiple adjacent lots for development
Explanation
Blockbusting is the illegal practice of inducing panic selling by suggesting that the entry of minorities into a neighborhood will cause property values to decline, in violation of the Fair Housing Act.
Related Rhode Island Fair Housing Questions
- A bank refuses to make mortgage loans in a specific Providence neighborhood based on the racial composition of the area. This practice is called:
- A Rhode Island lender refuses to make mortgage loans in a predominantly minority neighborhood regardless of individual borrowers' creditworthiness. This illegal practice is known as:
- What is 'source of income' discrimination in Rhode Island housing?
- The federal Fair Housing Act of 1968 originally protected which classes?
- A Rhode Island housing provider who asks a prospective tenant about their national origin during the application process is:
- Under the Fair Housing Act, a real estate agent who tells a prospective buyer that a neighborhood is 'changing' to induce panic selling is engaging in:
- A Rhode Island property owner who is deaf asks their rental agent to use a TDD/TTY device for communication. This is an example of a request for:
- What is a 'tester' in fair housing enforcement?
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