Principles of Real Estate 1 Exam With 100% Correct Answers

Principles of Real Estate 1 Exam With 100% Correct Answers Appraisal is the business of: (a) Acquisition of land for development into residential subdivisions and retail centers (b) Providing money to individuals or corporations for the conditional transfer or pledge of real estate as security for the payment of a debt (c) Providing a professional opinion of the value of real property (d) Locating units for tenants in multi-family complexes - answerC In housing, discrimination based upon ______ has been a violation of federal law since 1866. (a) economic status (b) race or color (c) gender (d) any of the above - answerD The practice of directing buyers or renters to or away from a particular area based upon a protected class is known as: (a) Blockbusting (b) Steering (c) Profiteering (d) Panic pedaling - answerSteering Attempting to induce panic selling in a neighborhood for financial gain is known as: (a) Steering (b) Blockbusting (c) Flipping (d) Channeling - answerBlockbusting Advertisements that specify a gen