Fair Housing and Practice Practice Question
Question
An escrow officer requests clarification from the broker involving redlining. Which statement best describes redlining? (Item 82)
Answer choices
- A. It shifts all responsibility to escrow and eliminates the broker’s duties.
- B. Recognize discriminatory lending or service denial by geography.
- C. It makes oral promises enforceable in every real estate transaction.
- D. It is optional whenever both parties verbally agree to proceed.
Correct Answer
B. Recognize discriminatory lending or service denial by geography.
Explanation
The correct answer is B because redlining requires candidates to recognize discriminatory lending or service denial by geography. The other options overstate the effect of custom, oral agreement, escrow, or independent salesperson action and do not reflect safe California exam practice.
Question details
- Difficulty: easy
- Domain: Fair Housing and Practice
- Objective: redlining