Maine Real Estate Questions Correctly Answered 2024.
Maine Real Estate Questions Correctly Answered 2024. Marth lives on one side of a two-family house. She wants to advertise the other side as non-smoking. Can she legally do so? - correct answer Yes, because the right to smoke is not protected by law. Under the Equal Credit Opportunity Act (ECOA) a lender does not have to offer a loan to: a.) a recipient of food stamps b.) recipient of social security c.) a 90-year-old man looking for a 30-year mortgage d.) a recipient of public assistance with poor credit history. - correct answer d.) a recipient of public assistance with poor credit history The ECOA prevents lenders from prohibiting against loans based on age. FHA protects: - correct answer ECOA protects: - correct answer The Civil Rights Act of 1866 prohibits discrimination against: a.) gender and religion b.) race and gender c.) handicap and country of origin d.) race - correct answer d.) race The law that followed the close of the Civil War extended equal rights in real property to members of all races. Requirements of a valid Agency Relationship - correct answer Requirements of a Valid Contract - correct answer Which of the following is a requirement for a valid agency relationship? a.) compensation b.) mutual consent c.) written agreement d.) brokerage license - correct answer b.) mutual consent
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