Fair Housing
The Americans with Disabilities Act (ADA) primarily affects which type of South Carolina property?
ASingle-family homes
BCommercial facilities and public accommodations✓ Correct
CAll rental properties
DProperties built before 1978
Explanation
The ADA primarily governs places of public accommodation and commercial facilities, requiring accessibility features. The Fair Housing Act governs accessibility requirements for residential properties.
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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.
Gross Rent Multiplier (GRM)A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
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.
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