Fair Housing, Practice, and Disclosures Practice Question
Question
A license applicant is reviewing a practice scenario for the Virginia Real Estate Salesperson Exam involving steering and property owner association disclosure awareness. Which statement is the best answer? (Item 83)
Answer choices
- A. The rule applies only to commercial transactions and never to residential transactions.
- B. Client funds may be mixed with business funds if the broker reconciles the account later.
- C. Avoid guiding prospects based on protected traits or neighborhood stereotypes in a way that fits Virginia exam practice.
- D. The issue can be ignored if the parties want to close quickly.
Correct Answer
C. Avoid guiding prospects based on protected traits or neighborhood stereotypes in a way that fits Virginia exam practice.
Explanation
The correct answer is C because steering requires candidates to avoid guiding prospects based on protected traits or neighborhood stereotypes. The Virginia 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