A Florida real estate agent working with elderly clients consistently shows them only properties in 55+ communities without discussing other available options. This practice could constitute:
Correct Answer
C) Potential steering that limits housing choices based on age
Correct: Limiting options based on age without client request could constitute illegal steering. Why not A: Good service includes presenting all appropriate options, not limiting based on age. Why not B: Specialization doesn't justify limiting client choices without their request. Why not D: There's no requirement to limit elderly clients to age-restricted housing.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
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A Florida property manager receives rental applications from two equally qualified candidates: one is a single mother with three children, the other is a married couple without children. The manager selects the couple, stating that families with children cause more wear and tear. This decision is:
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In a Ocala transaction, a buyer wants the Florida rule on ADA duties for public accommodations and commercial facilities. Which statement is correct?