Fair Housing, Practice, and Disclosures Practice Question
Question
A salesperson notices a possible compliance problem for the Indiana Real Estate Broker Exam involving state fair housing and broker affiliation and supervision. Which statement is the best answer? (Item 18)
Answer choices
- A. The requirement matters only when the buyer obtains institutional financing.
- B. Recognize that state protections may be broader than federal minimums in a way that fits Indiana exam practice.
- C. The affiliated licensee may handle the matter independently without broker responsibility.
- D. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
Correct Answer
B. Recognize that state protections may be broader than federal minimums in a way that fits Indiana exam practice.
Explanation
The correct answer is B because state fair housing requires candidates to recognize that state protections may be broader than federal minimums. The Indiana reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.
Question details
- Difficulty: medium
- Domain: Fair Housing, Practice, and Disclosures
- Objective: state fair housing