Fair Housing
Redlining in real estate refers to:
AThe practice of marking property boundaries in red on a survey
BRefusing to make loans or provide insurance in certain geographic areas based on race or national origin✓ Correct
CSetting red-ink price reductions for minority buyers
DThe practice of listing all liens on a property in red on the title report
Explanation
Redlining is the illegal practice of refusing to provide mortgage loans, homeowner's insurance, or other financial services in certain areas based on racial or ethnic composition of those areas.
Related Virginia Fair Housing Questions
- A Virginia real estate agent who shows minority buyers properties only in certain neighborhoods while showing white buyers a wider range of properties is engaging in:
- The Virginia Fair Housing Office can investigate a complaint and make a finding. If a violation is found, the maximum civil penalty for a first offense is:
- A Virginia real estate agent tells a prospective buyer that a particular neighborhood 'might not be the right fit' based on the buyer's national origin. This is an example of:
- Under the federal Fair Housing Act, a landlord may refuse to rent to a person with a disability who:
- Under the federal Fair Housing Act, which exemption allows Mrs. Murphy (the 'Mrs. Murphy exemption') to rent without complying?
- Blockbusting is an illegal practice where a real estate professional:
- Under the federal Fair Housing Act, which of the following advertising practices is permissible?
- Under the Fair Housing Act, a person who has been discriminated against may file a complaint in federal district court within:
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