Chapter 7: Federal and State Laws Flashcards Preview

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Flashcards in Chapter 7: Federal and State Laws Deck (45)
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1
Q

The _____ Act of _____ prohibits discrimination based on race.

A

Civil Rights Act

1866

2
Q

The _____ Act of _____, also called _____ prohibits discrimination based on race, color, religion, sex, or national origin.

A

Federal Fair Housing Act
1968
Title VIII

3
Q

Exceptions to the Federal Fair Housing Act of 1968 are:

  1. _____
  2. _____
  3. _____
  4. _____
A

owner does not use a broker
private clubs
owner-occupied 1-4 units
owned by churches or frats

4
Q

The _____ of ______ expanded the Civil Rights Act to include: persons with limiting physical or mental impairments, drug addicts, persons with HIV/AIDS and recovering alcoholics, and women who are pregnant and people with children under 18.

A

Fair Housing Amendment

1988

5
Q

true/false: HUD posters are required in all places of business, including model homes in subdivisions.

A

true

6
Q

The fact that a property was the site of a homicide or suicide is ______ to be disclosed in a transaction.

A

not required

7
Q

Penalties for violating the Florida Fair Housing Act can range from _____ to _____ dollars.

A

$10,000

$50,000

8
Q

A lease conveys _____ interest in real property, but does not convey ownership.

A

legal interest

9
Q

true/false: A lease can be oral or written.

A

true

10
Q

true/false: Lien foreclosure terminates a lease

A

true

11
Q

true/false: Condemnation through eminent domain proceedings will terminate a lease

A

true

12
Q

true/false: Bankruptcy of a tenant can cause termination of a lease

A

true

13
Q

_____ and _____ of the lessor and lessee are required on a lease.

A

names and signatures

14
Q

Statute of Frauds requires a lease for more than 1 year to be _____ and _____ in order to be enforceable in court.

A

written and signed

15
Q

Real estate licensees can fill in the blanks on a residential lease form for periods covering _____ or less.

A

1 year

16
Q

true/false: Landlords can commingle funds from their personal accounts if they post a surety bond with the clerk of the circuit court in the amount of total holdings, or $50,000, whichever is less and pay the tenant 5% simple interest.

A

true

17
Q

Landlords can place deposits in interest-bearing accounts and give the tennant ____% simple interest or ____% of the interest earned, at the discretion of the landlord.

A

5%

75%

18
Q

If the landlord has no intention of making a claim on the security deposit, they have _____ days to return it.

A

15

19
Q

If a landlord intends to make a claim on a security deposit, they have _____ days to notify the tenant.

A

30

20
Q

A tenant has _____ days to object to a landlord’s claim on their security deposit.

A

15

21
Q

If a tenant does not object to a claim on their security deposit, the landlord has _____ days after the notice to impose the claim to return the remaining balance.

A

30

22
Q

Landlords must give tenants _____ hours notice before entering the premises, and can enter between ______a.m. and _____p.m.

A

12

7: 30 a.m.
8: 00 p.m.

23
Q

If a landlord does not make repairs to a unit within _____ days after receiving written notice, a tenant can terminate the lease or seek a temporary rate reduction.

A

7

24
Q

If default continues for _____ days after the landlord delivers a written demand for payment of rent, the landlord pay terminate the lease.

A

3

25
Q

A _____ lease is a fixed-rent lease. Usually residential.

A

gross

26
Q

A _____ lease is base rent plus all or a portion of the operating costs. Usually commercial or industrial.

A

net

27
Q

A _____ lease is base rent plus a percentage of gross sales. Usually malls and shopping centers.

A

percentage

28
Q

An _____ lease ties the rent amount to a nationally published index. Usually office space.

A

index

29
Q

A _____ is where a property owner sell the property to an investor, and then immediately leases the property back, freeing up capital.

A

sale-leaseback

30
Q

A(n) _____ is when a lessee transfers all the their leased space for all of the remaining time to someone else.

A

assignment

31
Q

A(n) _____ is when a lessee transfers less than 100% of the space they are leasing, or shorter than the remainder time, to another person.

A

sublease

32
Q

The _____ subleases the property to the _____.

A

sublessor

sublessee

33
Q

Florida do-not-call law provides for up to _____ fines.

A

$10,000

34
Q

Federal do-not-call law provides for up to _____ in fines and restricts calling between _____ a.m. and _____ p.m.

A

$11,000

8: 00 a.m.
9: 00 p.m.

35
Q

Buyers buying a house that was built subsequent to Jan. 1, _____ must be given a lead-based paint disclosure.

A

1978

36
Q

Any party buying, or leasing for a period of more than _____ days, must be given a radon gas disclosure.

A

45

37
Q

true/false: A disclosure must be included when there is a mandatory HOA.

A

true

38
Q

true/false: An “as is” provision in a purchase and sale contract prevents the seller from having to disclose any material defects of the property.

A

false

39
Q

true/false: A landlord can shut off utility services in order to try to receive rent.

A

false

40
Q

Inducing an owner to sell their property by telling them their neighborhood is deteriorating or because of an influx on minority persons is called _____.

A

blockbusting

41
Q

Is it illegal for an owner-occupier of one single-family home to refuse to rent a room to someone based on their race if they do not use a broker?

A

Yes

Racial discrimination is always prohibited based on the Civil Rights Act of 1866.

42
Q

_____ or _____ is directing someone towards or away from certain neighborhoods because of race, color, religion, sex, or national origin.

A

Steering or channeling

43
Q

_______ is the refusal by a lender to approve a mortgage on the basis of: geography, age of the property, income level of the residents, or racial composition of the area.

A

Redlining

44
Q

Representing that a dwelling is not available for rent or sale, when in fact it is, because of racial characteristics of the potential renter would be considered _____.

A

steering or channeling

45
Q

When a property is sublet, it creates what is called a _____ lease.

A

sandwich