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Tx Fair Housing DtpaFederal_and_texas_fair_housingEASY

Under the Texas Fair Housing Act, which of the following BEST describes the term "blockbusting" as it applies to real estate transactions in Texas?

Correct Answer

A) Inducing or attempting to induce a property owner to sell by representing that persons of a protected class are moving into the area

Under the Texas Fair Housing Act (Texas Property Code §301.025) and the federal Fair Housing Act, blockbusting (also called panic peddling) is the prohibited practice of inducing or attempting to induce a property owner to sell or rent by representations regarding the entry or prospective entry of persons of a particular protected class into a neighborhood.

Answer Options
A
Inducing or attempting to induce a property owner to sell by representing that persons of a protected class are moving into the area
B
Refusing to make mortgage loans in certain neighborhoods based on racial composition
C
Channeling prospective buyers to or away from certain neighborhoods based on their race or ethnicity
D
Advertising property for sale or rent with language indicating a preference for certain groups

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Related Topics & Key Terms

Key Terms:

fair_housingblockbustingpanic_peddlingprohibited_practices

Related Concepts

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.

FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.

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