A homeowner in Princeton sells her home without using a real estate licensee. She refuses to sell to a buyer because of the buyer's marital status. Under the New Jersey Law Against Discrimination, which of the following is most accurate?
Correct Answer
D) The homeowner may be liable because the NJ LAD applies broadly to housing sales regardless of whether a licensee is used
The New Jersey Law Against Discrimination (N.J.S.A. 10:5-1 et seq.) applies broadly to housing transactions, including sales by private owners who do not use a real estate licensee. Unlike the federal Fair Housing Act, which has a limited exemption for certain owner-occupied small buildings sold without a broker, the NJ LAD's housing protections are generally broader and apply to the sale of residential property. Marital status is an expressly protected class under the NJ LAD.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
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.
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?
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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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