Fair Housing, Practice, and Disclosures Practice Question
Question
A license applicant is reviewing a practice scenario for the Massachusetts Real Estate Salesperson Exam involving state fair housing and Massachusetts Board of Registration. Which statement is the best answer? (Item 98)
Answer choices
- A. The issue can be ignored if the parties want to close quickly.
- B. Recognize that state protections may be broader than federal minimums in a way that fits Massachusetts exam practice.
- C. The rule applies only to commercial transactions and never to residential transactions.
- D. Client funds may be mixed with business funds if the broker reconciles the account later.
Correct Answer
B. Recognize that state protections may be broader than federal minimums in a way that fits Massachusetts 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 Massachusetts 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