Practice Of Real Estate Flashcards

1
Q

Blockbusting

A

Causing panic selling by homeowners

Panic peddling

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Steering

A

Taking buyers to it away from a neighborhood based on Fair Housing protected categories:
race, color, religion, national origin, sex, familial status or handicap

Also called channeling

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Prima Facia evidence

A

Evidence so strong against party that no further investigation is necessary

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Americans with Disabilities Act - ADA

A

Fed law promotes accessibility for those with special needs

Prohibits discrimination against those with disabilities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Independent Contractor

A

Licensee sponsored by broker not considered and employee

There must be a written agreement

Independent contractor must be licensed

Payment is based on performance, not hours worked

How well did you know this?
1
Not at all
2
3
4
5
Perfectly