OKRES Oklahoma Real Estate Salesperson Exam - Set 4 - Part 3
Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.
Question 41: The federal Fair Housing Act, as later amended, forbids discrimination in most housing transactions on the basis of several protected characteristics. Which of the following is one of the protected classes specifically named by the federal Fair Housing Act?
Question 42: An older federal civil rights law prohibits all racial discrimination in the sale or rental of property, whether handled by a professional or by an owner, and allows no exceptions where race is involved. Which law provides this exception-free protection against racial discrimination?
Question 43: A real estate agent, based on a buyer's race, guides that buyer only toward certain neighborhoods and away from others, limiting the buyer's housing choices. This illegal practice channels buyers to areas based on a protected characteristic. What is it called?
Question 44: An agent tells homeowners that families of a certain race are moving into the area and that they should sell quickly before property values fall, hoping to profit from the resulting listings. This illegal, fear-based tactic has a specific name. What is it?
Question 45: A lender routinely refuses to make mortgage loans or issue insurance on properties in certain neighborhoods based on the racial or ethnic composition of those areas, rather than the applicants' qualifications. This discriminatory lending practice has a specific name. What is it?
Question 46: A housing community lawfully restricts residency to persons aged fifty-five and older and can therefore decline to rent to families with young children. A federal law creates this narrow exemption from one Fair Housing protected class. Which law provides it?
Question 47: A brokerage prepares an advertisement for a rental and must ensure the wording expresses no preference, limitation, or discrimination based on a protected class, such as stating a preference for a certain religion. Which principle governs the content of housing advertisements?
Question 48: A federal law requires that commercial facilities and places of public accommodation, such as a real estate office open to the public, be accessible to persons with disabilities, including reasonable modifications and removal of barriers. Which law imposes these accessibility requirements?
Question 49: Two competing brokerages agree among themselves to charge all sellers the same commission rate to avoid competing on price. Federal antitrust law treats such an agreement between competitors as a serious violation. What is this illegal agreement commonly called?
Question 50: Two brokers each claim the commission on one sale. A dispute panel must decide which broker set in motion the uninterrupted chain of events that led the ready, willing, and able buyer to purchase. What concept determines which broker earned the commission?
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