Wisconsin Real Estate License Fair Housing and Ethics 4

Question 1

How long does a person generally have to file a fair housing complaint with HUD after an alleged violation?

Accepted Answer

1 year

Answer

30 days

Answer

6 months

Answer

5 years

Question 2

A property manager applies a stricter income requirement only to applicants from a certain national origin. This is:

Accepted Answer

Disparate treatment discrimination

Answer

A legal business decision

Answer

Reasonable accommodation

Answer

A permitted occupancy standard

Question 3

Under Wisconsin agency law, a licensee working with a customer who is not their client owes that customer:

Accepted Answer

Fair and honest dealing and accurate disclosure of material facts

Answer

Full fiduciary duties

Answer

No duties at all

Answer

Loyalty above the client

Question 4

An occupancy standard limiting a two-bedroom unit to a reasonable number of people is:

Accepted Answer

Permitted if applied uniformly and reasonably

Answer

Always illegal familial discrimination

Answer

Only allowed for seniors

Answer

Required by federal law to be one per bedroom

Question 5

A licensee discovers a material defect in a property the seller wants hidden. The licensee should:

Accepted Answer

Disclose the material adverse fact

Answer

Follow the seller's instruction to conceal it

Answer

Ignore it as the buyer's responsibility

Answer

Only mention it if asked directly

Question 6

Housing designated for older persons may lawfully exclude children if it qualifies under the:

Accepted Answer

Housing for Older Persons exemption

Answer

Americans with Disabilities Act

Answer

Equal Credit Opportunity Act

Answer

Community Reinvestment Act

Question 7

Which act prohibits discrimination in lending based on protected classes?

Accepted Answer

Equal Credit Opportunity Act

Answer

Fair Labor Standards Act

Answer

Securities Act

Answer

Clean Air Act