Unit 7: Federal & State Laws Pertaining to Real Estate Flashcards Preview

Florida Real Estate Class Exam for Sales Associates Pre-Lic 2021 > Unit 7: Federal & State Laws Pertaining to Real Estate > Flashcards

Flashcards in Unit 7: Federal & State Laws Pertaining to Real Estate Deck (13)
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1
Q

Fair Housing Act as Amended

A

The Fair Housing Act was Amended in 1988 by Congress to include two additional protected classes thus making the following 7 Classes Protected.

Race
Color
Religion
National Origin
Sex
Familial Status
Handicap Status
2
Q

Fair Housing Poster

A

The 1988 Amendment also created the equal housing opportunity poster. The poster features the equal housing logo and a statement pledging adherence to the Fair HOuse Act. The poster must be displayed at the real estate office and other businesses involved in the housing industry. In the event a discrimination complaint is made against a broker, HUD considers failure to prominently display the equal housing opportunity poster in the broker’s place of business as evidence e of discrimination.

3
Q

Special Exemptions under Fair Housing

A

complete

4
Q

Interstate Land Sales Disclosure Act

A

complete

5
Q

Developer requirements based upon the number of lots

A

complete

6
Q

Prohibited Activities under Fair Housing

A

Complete

7
Q

Under ISLA what is a property report?

A

complete

8
Q

Landlord and Tenant Act requirements

A

complete

9
Q

3 options for landlord’s holding security deposits

A

complete

10
Q

Broker as Property Manager

A

complete

11
Q

Brokers must handle security deposits and advanced rent as follows

A

complete

12
Q

Vacating Premises

A

complete

13
Q

What are the time restrictions related to security deposits?

A

complete