Fair Housing
Blockbusting (panic selling) occurs when a Wyoming real estate agent:
AEncourages a homeowner to sell quickly by suggesting that property values will decline due to the entry of protected class members into the neighborhood✓ Correct
BLists a property below market value to attract multiple offers
CFails to disclose material defects in a property
DRepresents both buyer and seller in the same transaction
Explanation
Blockbusting (also called panic selling) is an illegal practice where real estate agents induce property owners to sell by suggesting that the entry of minority group members will cause property values to decline, then profits from reselling at higher prices.
Related Wyoming Fair Housing Questions
- A Wyoming real estate agent who refuses to show a buyer properties in certain neighborhoods based on the buyer's national origin is engaging in:
- A Wyoming landlord may legally decline to rent to a person with a disability if:
- In Wyoming, an insurance company that charges higher homeowner's insurance rates in neighborhoods based on their racial composition may be violating:
- In Wyoming, the Fair Housing Act's requirement that multifamily housing built after 1991 include accessible design features applies to buildings with:
- Under the Fair Housing Act, a real estate developer who fails to include accessible features in newly constructed multifamily buildings may be required to:
- A Wyoming housing provider who charges higher security deposits to applicants of a certain national origin is guilty of:
- In Wyoming, a senior housing community that qualifies for the 55+ housing for older persons exemption must:
- Under the Fair Housing Act, an apartment complex that has a pool with no accessible entry for people with disabilities may need to:
Practice More Wyoming Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wyoming Quiz →