Fair Housing
A Wisconsin real estate agent prepares a comparative market analysis and includes a neighborhood's demographic data as a factor affecting value. This may constitute:
AGood appraisal practice
BSteering and a fair housing violation✓ Correct
CRequired market research under USPAP
DA valid investment analysis technique
Explanation
Using neighborhood racial, ethnic, or religious demographics as a factor in a CMA or any value-related analysis violates the Fair Housing Act. It is a form of steering and discriminatory practice.
Related Wisconsin Fair Housing Questions
- The Fair Housing Act's '4-unit owner-occupied' exemption (Mrs. Murphy exemption) allows an owner who lives in a building of 4 or fewer units to:
- A Wisconsin seller's agent who is instructed by the seller to 'not show the house to certain people' based on a protected characteristic should:
- Under the Fair Housing Act, 'familial status' protection extends to households that include children under age:
- Under Wisconsin's Open Housing Act, a landlord's prohibition on 'guests staying overnight' applied only to tenants with children violates:
- Under the Fair Housing Act, a 'tester' is someone who:
- A Wisconsin real estate agent who uses language about 'good schools' or 'safe neighborhoods' in a way that steers buyers based on race is:
- Under the Fair Housing Act, which of the following is an example of an illegal advertisement?
- A Wisconsin seller who specifically seeks only buyers of a certain religion for their property is engaging in:
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