Fair Housing, Practice, and Disclosures Practice Question
Question
A broker is correcting a new licensee’s misunderstanding for the Michigan Real Estate Salesperson Exam involving state fair housing and agency and trust-money compliance. Which statement is most accurate for exam purposes? (Item 82)
Answer choices
- A. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
- B. Recognize that state protections may be broader than federal minimums in a way that fits Michigan exam practice.
- C. The client’s preference eliminates the need to disclose known material facts.
- D. The party who complains first automatically receives the remedy requested.
Correct Answer
B. Recognize that state protections may be broader than federal minimums in a way that fits Michigan 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 Michigan 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