Fair Housing, Practice, and Disclosures Practice Question
Question
An agent compares two similar exam concepts for the Oregon Real Estate Broker Exam involving federal fair housing and seller property disclosure awareness. What should the licensee understand? (Item 33)
Answer choices
- A. Recognize protected classes and prohibited discrimination in sale, rental, and financing in a way that fits Oregon exam practice.
- B. The issue can be ignored if the parties want to close quickly.
- C. The rule applies only to commercial transactions and never to residential transactions.
- D. Client funds may be mixed with business funds if the broker reconciles the account later.
Correct Answer
A. Recognize protected classes and prohibited discrimination in sale, rental, and financing in a way that fits Oregon 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 Oregon 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