A landlord in Maryland is evaluating whether he qualifies for the owner-occupant exemption under the Maryland Fair Housing Act. Which of the following actions would NOT cause him to lose the exemption?
Correct Answer
B) Placing a 'For Rent' sign on the property without any discriminatory language.
Placing a neutral 'For Rent' sign on the property — one that contains no discriminatory language or preference — does NOT cause the landlord to lose the owner-occupant exemption. The exemption is forfeited by using a broker or real estate agent, by publishing discriminatory advertising, or by discriminating based on protected classes. A neutral, non-discriminatory sign is a permissible method of advertising that does not trigger loss of the exemption.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
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