Fair Housing and Ethics Flashcards
7 cards from real Wisconsin Real Estate License practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Fair Housing and Ethics flashcards as text
The Wisconsin agency that regulates real estate licensees is the:
Answer: Department of Safety and Professional Services (DSPS)
The Wisconsin DSPS, through the Real Estate Examining Board, regulates licensees.
An advertisement stating 'perfect for a Christian family' most likely violates fair housing on the basis of:
Answer: Religion and familial status
Referencing religion and family type in an ad indicates a discriminatory preference.
Redlining refers to:
Answer: Denying services like loans or insurance in specific neighborhoods
Redlining is the discriminatory denial of financial or insurance services based on area demographics.
A licensee's fiduciary duty of loyalty to a client means the agent must:
Answer: Place the client's interests above their own
Loyalty requires placing the client's interests ahead of the agent's own or third parties'.
An assistance animal for a disabled tenant is best classified as:
Answer: A reasonable accommodation exempt from pet fees
Assistance animals are reasonable accommodations and are exempt from pet policies and fees.
Which sale is generally exempt from some provisions of the federal Fair Housing Act?
Answer: An owner selling a single-family home without a broker or discriminatory advertising
An owner selling their own single-family home without a broker and without discriminatory ads may qualify for limited exemption.
Steering is best defined as:
Answer: Directing buyers toward or away from areas based on protected class
Steering illegally guides clients to or from neighborhoods based on protected characteristics.