Fair Housing, Practice, and Disclosures Practice Question
Question
A closing coordinator flags an issue before settlement for the North Carolina Real Estate Broker Exam involving steering and material facts and due diligence practice. Which statement is the best answer? (Item 83)
Answer choices
- A. The requirement matters only when the buyer obtains institutional financing.
- B. The affiliated licensee may handle the matter independently without broker responsibility.
- C. Avoid guiding prospects based on protected traits or neighborhood stereotypes in a way that fits North Carolina exam practice.
- D. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
Correct Answer
C. Avoid guiding prospects based on protected traits or neighborhood stereotypes in a way that fits North Carolina exam practice.
Explanation
The correct answer is C because steering requires candidates to avoid guiding prospects based on protected traits or neighborhood stereotypes. The North Carolina 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: steering