Fair Housing and Disclosures Practice Question
Question
A buyer and seller disagree about a closing issue in a New York real estate transaction involving advertising compliance. What should the licensee understand? (Item 306)
Answer choices
- A. The salesperson may handle the matter independently without broker involvement when compensation is expected.
- B. Avoid preference, limitation, or discriminatory language in housing ads.
- C. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- D. The requirement matters only if the buyer uses lender financing.
Correct Answer
B. Avoid preference, limitation, or discriminatory language in housing ads.
Explanation
The correct answer is B because advertising compliance requires candidates to avoid preference, limitation, or discriminatory language in housing ads. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound New York exam practice.
Question details
- Difficulty: medium
- Domain: Fair Housing and Disclosures
- Objective: advertising compliance