Practice Exam Flashcards

Practice Exam Flashcards The act of inducing homeowners to sell by stating that minority persons might move into the neighborhood?Blockbusting refers to using the entry, or rumor of the entry, of a protected class into a neighborhood to persuade owners to sell.What landmark legislation ended racial segregation in public schools, in the work place, and in public accommodations?The civil Rights act of 1964 If a tenant vacates rented premises at the end of a lease, how many days does the landlord have by the law to notify the tenant if the landlord intends to claim a part of the tenant's security deposit?If a tenant vacates rented premise at the end of the lease, the landlord is required to notify the tenant within 30 days if the landlord intends to claim a part or all of the tenant's security deposit.The united States Supreme court ruling in Jones Vs Mayer, as it pertains to Real property, focuses on?In 1968, the U.S. Supreme Court, in the case of Jones vs Mayer, upheld the civil rights act of 1866, which prohibits discrimination on the basis of race.A Landlord obtained a final judgement to evict a tenant. At 9am on the following day, a Writ of possession was delivered to the sheriff requesting immediate service of the writ. At 2pm that same day, the sheriff was stopped from evicting the tenant by the tenant's attorney. What grounds did the tenants attorney have for stopping the eviction?After entry of judgement in favor of the landlord, the clerk of the court issues a writ to the sheriff to put the landlord in possession after a 24-hour notice has been posted on the premises.A protected class under the fair housing act is? National Origin When a security deposit or advance rent is required by a landlord, the landlord may?The landlord is obligated to account for security deposits and advance rent in one of 3 ways. One of the 3 methods is to post a surety bond with the clerk of the circuit court in the total amount of the security deposits and advance rents or 50,000, whichever is less, and pay the tenant 5% per year simple interest. If a licensed broker performs management services for a landlord, the broker must place security deposits and advance rents into an escrow account.The act of channeling buyers to a particular area either to maintain or to change the character of a neighborhood is called?Channeling a protected class home-seekers away from areas that are not mixed with that class into areas that are known as steering.The act of refusing to make mortgage loans or stating different mortgage terms or conditions based on racial groups is called?Denying loans or insurance coverage or other restrictive practices by a lending institution or insurer that represents different terms or conditions for homes in certain neighborhoods is known as redlining.Which government agency do developers of subdivisions with 100 or more lots have to register?The Interstate Land Sales Full Disclosure Act requires developers of subdivisions of 100 or more lots to register with the Consumer Financial Protection Bureau.Any legal remedy sought by a tenant or a landlord under the Florida Residential Landlord and Tenant Act must be

through the?Any right or duty stated in Chapter 83, Part 2, F.S., is enforceable by civil action, which means that all legal

remedies sought by either tenant or landlord are pursued through the civil courts.The fair housing act was part of the?The Fair Housing Act was part of the Civil Rights Act of 1968.Developers selling lots in a subdivision of 25 or more lots that is nationally promoted through advertising must provide potential buyers , prior to their signing a purchase contract, with a?The Interstate Land Sales Full Disclosure Act is deigned to protect consumers from misrepresentation by land developers. Purchasers must be furnished a property report before signing a purchase contract or lease.Under which circumstances may a Real Estate Licensee lawfully refuse to show a listed property to a member of a protected class who has specifically requested to see the property?Brokers must obey the lawful instructions of the owner. It is not a violation of the Fair Housing Act to inform the member of the protected class that the property cannot be shown while the owner is out of town provided the statement is the truth and the refusal to show the property in the owners absence applies to all prospective buyers.A tenant in a 50 unit apartment complex paid 1,200 security deposit. The tenant received a receipt for the 1,200. 3 weeks later the landlord informed the tenant by the phone the name of the bank where the tenant's security deposit was being held. How has the land lord violated F.S. 83?Florida residential landlord and Tenant Act requires that the landlord inform tenants in writing, within 30 days from the receipt of advance rent or security deposit, of the manner in which the tenant's funds are being held.