Fair Housing, Practice, and Disclosures Practice Question
Question
A client asks whether a fact should be disclosed for the Michigan Real Estate Salesperson Exam involving state fair housing and agency and trust-money compliance. What should the licensee understand? (Item 130)
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