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CA Principles Exam Prep

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CA Principles Exam Prep

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CA Principles Exam Prep - Property
Management, Leasing and Fair
Housing
When did race become a protected class in the U.S.? - ANSWER The Civil Rights
Act of 1866

When did color become a protected class in the U.S.? - ANSWER The Civil Rights
Act of 1866

When did sex become a protected class in the U.S.? - ANSWER With the Housing
and Community Development Act of 1974

When did disability become a protected class in the U.S.? - ANSWER With the Fair
Housing Amendments of 1988

When did familial status become a protected class in the U.S.? - ANSWER With
the Fair Housing Amendments of 1988

When did religion become a protected class in the U.S.? - ANSWER With the Fair
Housing Amendments of 1968

When did national origin become a protected class in the U.S.? - ANSWER With
the Fair Housing Amendments of 1968

What is blockbusting? - ANSWER An illegal practice in which licensees or others
encourage homeowners to sell because of an influx or expected influx of minorities
into the area

What is redlining? - ANSWER The illegal practice of a lender to refuse to lend in a
specific area, often based on the minority makeup of the area

What is steering? - ANSWER The illegal practice of nudging buyers away or
toward a specific area based on the presence or absence of protected class
members in the area relative to the buyers

What types of commercial property category do hotels, motels, golf courses, resorts,
sporting arenas, movie theaters and restaurants belong to? - ANSWER Leisure

What type of commercial property includes heavy or light manufacturing, warehouse
and distribution centers? - ANSWER Industrial

What types of commercial property are classified into A, B and C classes? -
ANSWER Office buildings

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