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10 Cards in this Set
- Front
- Back
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BLOCKBUSTING |
Attempting to induce owners to list or sell their homes by predicting that members of another race or ethic group, or people with a disability will be moving into the neighborhood |
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STEERING |
Channeling prospective buyers or tenants to or away from particular neighborhoods based on their race, religion, national origin, or membership in any other protected class |
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REDLINING |
The refusal by a leader to make loans secured by property in a certain neighborhood because of the racial or ethic composition of the neighborhood |
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PLACE OF PUBLIC ACCOMMODATION |
A nonresidential facility operated by a private entity and open to the public, if operation of the facility affects commerce |
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CONSPIRACY |
An agreement or plan between two or more persons to perform an unlawful act |
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PRICE FIXING |
The cooperative setting of prices by competing firms. Price fixing is an automatic violation of antitrust laws |
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GROUP BOYCOTT |
In the real estate profession, an agreement between two or more real estate brokers to exclude other brokers from equal participation in real estate activities |
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TIE-IN ARRANGEMENT |
An agreement to sell one product, only on the condition that the buyer also purchases a different product. A tie-in arrangement is an automatic violation of antitrust laws |
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MARKET ALLOCATION |
When competing brokers agree not to sell: 1) certain products or services in certain specified areas; 2) in specified areas; or 3) to certain customers in specified areas |
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ENVIRONMENTAL HAZARDS |
Dangerous elements or conditions present on the property that real estate agents should be aware of, and warn clients about, including asbestos, urea formaldehyde, radon, lead-based paint, underground storage tanks, water contamination, illegal drug manufacturing, mold and geologic hazards |
