The relationship that exists between a real estate broker and the principal is commonly referred to
as a(n) _____ - answersfiduciary relationship
Albert sells his home to Ben which was built in 1977. Because this house was built prior to 1978,
Albert is required to ____ - answersprovide B with a signed lead based paint disclosure form.
The primary jeopardy of overpricing a property is that ____ - answersthe client's expectations may
not be achieved.
Making profit by inducing owners to sell because minority members may be moving into the
neighborhood is defined as ____ - answersBlockbusting
This law prohibited racial discrimination in the buying, selling, holding, or conveying of real and
personal property? - answersCivil Rights Act of 1866
A set of beliefs that guides a person's actions is called ____ - answersethics
The Civil Rights Act of 1866 prohibits discrimination on the basis of ___ - answersrace
There are different employment relationships which exist in our economy. A person who is only
responsible to an employer for the results of the work is ______ - answersan independent
contractor
The illegal practice of sending potential home buyers or renters to equivalent properties in particular
areas in order to maintain the homogeneity of an area is called _____ - answerssteering
The primary purpose of the Truth-in-Lending Act is to ____ - answersdisclose to the consumer the
cost and conditions of the installment purchase.
When writing a contract you are inserting the legal description into the contract. You should not
base the legal description on ____ - answersthe street address
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