Practice | Unit 4 Flashcards Preview

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Flashcards in Practice | Unit 4 Deck (6)
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1
Q

Civil Rights Act of 1866

A

Prohibits racial discrimination

2
Q

Title VIII of the Civil Rights Act of 1968 aka Fair Housing Act

A

Prohibits discrimination in housing based on race, color, religion, or national origin

3
Q

Fair Housing Amendments Act of 1988

A

Added disability and familial status to protected classes

4
Q

What document must real estate licensees present to all prospective seller

A

Official Notice

Purpose is to inform the property owner of both the owner’s and the licensee’s obligations under the fair housing laws.

5
Q

How long does a creditor have to accept or reject a loan application?

A

30 Days

6
Q

Redlining

A

Refusal to make loans or write insurance policies in particular areas