ACEABLE AGENT STUDY 2026 EXAM QUESTIONS AND
ANSWERS SURE A+
✔✔Equal Credit Opportunity Act (ECOA) - ✔✔law prohibiting credit discrimination on
the basis of race, color, religion, national origin, sex, marital status, age, or use of public
assistance
✔✔Community Reinvestment Act - ✔✔helps commercial banks and savings
associations meet the needs of borrowers in all segments of their communities,
including low- and moderate-income neighborhoods
✔✔Redlining - ✔✔the illegal act of an lender denying mortgages in certain areas of
town
✔✔Home Mortgage Disclosure - ✔✔federal act that requires lenders to disclose specific
lending information, which HUD then uses to map lending patterns
✔✔Disability - ✔✔a physical or mental impairment that substantially limits one or more
of an individual's major life activities
✔✔REALTOR® - ✔✔a registered trademark designed for the sole use of identifying the
members of a local board who are affiliated with the National Association of
REALTORS®
✔✔Code of Ethics - ✔✔a document created by the National Association of
REALTORS® that their members pledge
✔✔ Apartment Locators - ✔✔a real estate license holder who locates dwelling units for
prospective tenants
✔✔Tenant - ✔✔one who possesses a property under a lease without ownership
✔✔Broker - ✔✔someone who assists in buying and selling to receive a commission
✔✔Client - ✔✔a person or company that buys or leases any product or service
✔✔Land - ✔✔the surface of the earth, extending down to the center of the earth and up
into space
✔✔Real Estate - ✔✔includes the land and any natural or manmade improvements
attached to it
✔✔Real Property - ✔✔includes land and any natural or manmade improvements
attached to it, plus the bundle of legal rights of ownership
ANSWERS SURE A+
✔✔Equal Credit Opportunity Act (ECOA) - ✔✔law prohibiting credit discrimination on
the basis of race, color, religion, national origin, sex, marital status, age, or use of public
assistance
✔✔Community Reinvestment Act - ✔✔helps commercial banks and savings
associations meet the needs of borrowers in all segments of their communities,
including low- and moderate-income neighborhoods
✔✔Redlining - ✔✔the illegal act of an lender denying mortgages in certain areas of
town
✔✔Home Mortgage Disclosure - ✔✔federal act that requires lenders to disclose specific
lending information, which HUD then uses to map lending patterns
✔✔Disability - ✔✔a physical or mental impairment that substantially limits one or more
of an individual's major life activities
✔✔REALTOR® - ✔✔a registered trademark designed for the sole use of identifying the
members of a local board who are affiliated with the National Association of
REALTORS®
✔✔Code of Ethics - ✔✔a document created by the National Association of
REALTORS® that their members pledge
✔✔ Apartment Locators - ✔✔a real estate license holder who locates dwelling units for
prospective tenants
✔✔Tenant - ✔✔one who possesses a property under a lease without ownership
✔✔Broker - ✔✔someone who assists in buying and selling to receive a commission
✔✔Client - ✔✔a person or company that buys or leases any product or service
✔✔Land - ✔✔the surface of the earth, extending down to the center of the earth and up
into space
✔✔Real Estate - ✔✔includes the land and any natural or manmade improvements
attached to it
✔✔Real Property - ✔✔includes land and any natural or manmade improvements
attached to it, plus the bundle of legal rights of ownership
