Ohio Real Estate Salesperson Exam — All Questions

A licensee directs minority buyers only to certain neighborhoods and steers white buyers to others. This violation of fair housing law is called:

• a.Blockbusting
• b.Redlining
• c.Steering✓
• d.Commingling

Steering is the illegal practice of directing prospective buyers toward or away from particular neighborhoods based on a protected characteristic such as race. It limits housing choice and violates the Fair Housing Act.

A broker must place a buyer's earnest money deposit into:

• a.A separate trust or escrow account✓
• b.The broker's personal checking account
• c.The seller's bank account immediately
• d.The listing agent's own account

Earnest money and other client funds must be held in a separate trust or escrow account, never mixed with the broker's personal or operating funds. Commingling client funds is a serious violation of license law.