1 of 100
Term Definition
Only showing homes in a a
certain part of town to people
of a certain nationality is called?
a. panic selling
b. redlining
c. blockbusting
d. steering
Give this one a try later!
True False
Correct definition
d
2 of 100
,Term Definition
Landry owns a duplex and
d
personally occupies one of the
units. He has one unit for rent
and refuses to rent it to anyone
with small children because kids
are loud. If he refuses
applicants with children has he
committed a violation or any
discriminatory acts?
a. yes he can be fined
b. yes he has rent to anyone
c. yes he has discriminated
based on familial status
d. no he is exempt from Fair
Housing Regulations because
he owns a dwelling with 4 or
less units and personally
occupies one of the units
Give this one a try later!
True False
3 of 100
Term Definition
A person makes an offer to
c
purchase a property that was
shown to them by their broker,
but then waits to present the
,offer to the seller until later that
day. In the meantime, two more
offers were submitted on the
property. Under the rule of
agency, the offer:
a. is considered to be void
because only one offer at a time
can be placed on a property
b. must be presented alongside
the other offers to allow the
seller to make a fair choice
c. must wait to be presented to
the seller because the other
offers take priority in order
d. must be presented first
because the offer was known by
the broker before the others
Give this one a try later!
True False
Correct definition
b
4 of 100
, Term Definition
An insurance policy which b
combines personal liability
insurance and hazard insurance
coverage for a dwelling and its
contents is called
a. homeowner's insurance
b. buyer's insurance
c. error and omission insurance
d. all of the above
Give this one a try later!
True False
Correct definition
a
5 of 100
Term Definition
Karen recently sold a home for b
6% commission. If her
commission was $20,700, how
much did the property sell for?
a. 340k
b. 342k
c. 345k
d. 348k
Term Definition
Only showing homes in a a
certain part of town to people
of a certain nationality is called?
a. panic selling
b. redlining
c. blockbusting
d. steering
Give this one a try later!
True False
Correct definition
d
2 of 100
,Term Definition
Landry owns a duplex and
d
personally occupies one of the
units. He has one unit for rent
and refuses to rent it to anyone
with small children because kids
are loud. If he refuses
applicants with children has he
committed a violation or any
discriminatory acts?
a. yes he can be fined
b. yes he has rent to anyone
c. yes he has discriminated
based on familial status
d. no he is exempt from Fair
Housing Regulations because
he owns a dwelling with 4 or
less units and personally
occupies one of the units
Give this one a try later!
True False
3 of 100
Term Definition
A person makes an offer to
c
purchase a property that was
shown to them by their broker,
but then waits to present the
,offer to the seller until later that
day. In the meantime, two more
offers were submitted on the
property. Under the rule of
agency, the offer:
a. is considered to be void
because only one offer at a time
can be placed on a property
b. must be presented alongside
the other offers to allow the
seller to make a fair choice
c. must wait to be presented to
the seller because the other
offers take priority in order
d. must be presented first
because the offer was known by
the broker before the others
Give this one a try later!
True False
Correct definition
b
4 of 100
, Term Definition
An insurance policy which b
combines personal liability
insurance and hazard insurance
coverage for a dwelling and its
contents is called
a. homeowner's insurance
b. buyer's insurance
c. error and omission insurance
d. all of the above
Give this one a try later!
True False
Correct definition
a
5 of 100
Term Definition
Karen recently sold a home for b
6% commission. If her
commission was $20,700, how
much did the property sell for?
a. 340k
b. 342k
c. 345k
d. 348k
