Check Your Understanding Answers
- List three examples of discriminatory practices in real estate. (See page 43 for other correct answers.)
- Refusing to sell, rent, or negotiate with any person who is a member of a protected class
- Telling persons that a property is not for sale or rent when it is
- Denying membership in any multiple listing service (MLS) or any broker's organization
- Describe panic selling.
Panic selling is inducing someone to sell by saying that persons of a certain protected class are moving into the neighborhood. It is specifically outlined in California Code as an illegal business practice.
- List two steps a broker should take to ensure compliance with fair housing laws. (See page 46 and 47 for additional correct answers.)
- Prominently display in all offices the Equal Opportunity Poster that HUD distributes.
- Provide ongoing training and education to all affiliated licensees by holding seminars and workshops, watching videos, and bringing in guest speakers.
- Why is it important for licensees to know fair housing laws?
- It's the law. Real estate licensees must obey all federal, state, local rules, and regulations.
- It's right. Everyone should have an equal opportunity in our country to own or rent the property of his or her choice.
- It reduces risk. It is risky business to attempt to violate fair housing rules. Besides the penalties, a court case and attorney fees could cost a licensee time, money, and loss of license.
