Fair Housing, Practice, and Disclosures Practice Question
Question
A seller is preparing to list a home for the New Jersey Real Estate Salesperson Exam involving federal fair housing and New Jersey Real Estate Commission. What should the licensee understand? (Item 193)
Answer choices
- A. Recognize protected classes and prohibited discrimination in sale, rental, and financing in a way that fits New Jersey exam practice.
- B. Client funds may be mixed with business funds if the broker reconciles the account later.
- C. The issue can be ignored if the parties want to close quickly.
- D. The rule applies only to commercial transactions and never to residential transactions.
Correct Answer
A. Recognize protected classes and prohibited discrimination in sale, rental, and financing in a way that fits New Jersey exam practice.
Explanation
The correct answer is A because federal fair housing requires candidates to recognize protected classes and prohibited discrimination in sale, rental, and financing. The New Jersey 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: easy
- Domain: Fair Housing, Practice, and Disclosures
- Objective: federal fair housing