Laws & AgencyPregunta 31 de 120
A lender's refusal to make loans in certain geographic areas regardless of an applicant's qualifications is known as:
a.Redlining
b.Steering
c.Blockbusting
d.Novation
Explicación
Redlining is the discriminatory denial of loans or insurance in specific neighborhoods, often based on the racial composition of the area. California's Holden Act specifically prohibits this practice by financial institutions. It illegally restricts access to credit and housing.
Referencia Legal: CA Government CodePractica las 120 preguntas gratis — sin registro.
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- An agent tells a buyer, 'This is the best house on the block.' This statement is generally considered:
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- An agency relationship in real estate is most commonly created by:
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