Blockbusting in SC is best described as:
Correct Answer
B) Illegal — inducing panic sales based on demographic changes in a neighborhood
Blockbusting is a violation of the federal Fair Housing Act and SC fair housing law. It occurs when a licensee induces or attempts to induce owners to sell or rent by making representations about the entry — or prospective entry — of persons of a protected class into the neighborhood, typically to profit from panic selling. It is illegal regardless of consent. Steering (option C) and price-fixing (option D) are separate violations — steering involves directing clients based on protected characteristics, while price-fixing is an antitrust violation.
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Related Topics & Key Terms
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Florida real estate licenses must be renewed biennially, and sales associates have specific post-license education requirements for their first renewal.
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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