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Law and Rule Required Course 2022-2023 (Oregon)

Terms in this set (19)

Test 1
...
A real estate broker does NOT have to submit their advertising to their principal broker for approval before publication.
A) True
B) False
A) True

True. Current Oregon law does NOT require real estate brokers to submit their advertising to their principal broker for approval before publication.
So far as the Oregon Real Estate Agency is concerned, "advertising" includes all forms of meaningful communication by or on behalf of a licensee that is designed to attract the public to the use of services related to professional real estate activity.
A) True
B) False
A) True

True. So far as the Oregon Real Estate Agency is concerned, "advertising" includes all forms of meaningful communication by or on behalf of a licensee that is designed to attract the public to the use of services related to professional real estate activity.
A licensee's legal name is Madison Aiden Azul III. Can Madison advertise as Maddy Azul?
A) Yes - Madison can advertise as Maddy Azul
B) No - Madison must only use their full legal name
A) Yes - Madison can advertise as Maddy Azul

Yes - Madison can advertise as Maddy Azul. Nicknames can be used when the public is likely to determine the licensee's legal name. This rule means shorter versions of longer names are mostly okay. Jeff for Jeffrey, Rob for Robert, Terry for Terrance are other examples of shorter versions of longer names.
An Oregon licensee is required to advertise their license status when advertising their personal real estate.
A) True
B) False
A) True

True. An Oregon licensee is required to advertise their license status when advertising their personal real estate
Test 2
New Rules and Laws
Which authority includes fair housing protections for sexual orientation, gender identity, and marital status?
A) Oregon fair housing law
B) Federal fair housing law
A) Oregon fair housing law

Oregon state law adds to the protected federal classes, sexual orientation, gender identity, familial status, [legal] source of income, and victims of domestic violence.
Which rule or law includes the following statement?
" In order to help a seller avoid selecting a buyer based on the buyer's race, color, religion, sex, sexual orientation, national origin, marital status or familial status as prohibited by the Fair Housing Act (42 U.S.C. 3601 et seq.), a seller's agent shall reject any communication other than customary documents in a real estate transaction, including photographs, provided by a buyer
A) HB 113
B) SB 278
C) SB 291
D) ORS 696
D) ORS 696

The 2021 Oregon Legislature enacted the following Section 7 addition to ORS 696.805: It reads," In order to help a seller avoid selecting a buyer based on the buyer's race, color, religion, sex, sexual orientation, national origin, marital status or familial status as prohibited by the Fair Housing Act (42 U.S.C. 3601 et seq.), a seller's agent shall reject any communication other than customary documents in a real estate transaction, including photographs, provided by a buyer."
Test 3
Barriers to Equality
Disparate impact occurs when policies, practices, rules, or other systems that appear to be neutral result in a disproportionate impact on a protected group.
A) True
B) False
A) True

True. Disparate impact occurs when policies, practices, rules, or other systems that appear to be neutral result in a disproportionate impact on a protected group
Once racist structures get stitched into the law and policy of a community or government, what do we call it?
A) Institututional racism
B) Sanctioned racism
C) Government sponsored bias
D) Systemic racism
A) Institututional racism

Once racist structures get stitched into the law and policy of a community or government, it becomes institutional racism.
Implicit bias is the unconscious understandings, attitudes, and stereotypes that all people experience.
A) True
B) False
A) True

True. Implicit bias is the unconscious understandings, attitudes, and stereotypes that all people experience.
Disparate impact is sometimes referred to:
A) intentional discrimination
B) unintentional discrimination
B) unintentional discrimination

Disparate impact is also known as unintentional discrimination.
African Americans were often denied loans because the neighborhoods they could afford were usually _______________ by lenders.
A) Neighborhoods Blacks could afford were often redlined.
B) Housing prices rose in general, but Black neighborhoods decayed due to lack of investment.
C) Real estate brokers were guilty of steering Blacks and other minorities into poor neighborhoods and low-quality schools.
D) All of the above.
D) All of the above.

African Americans seeking home loans were redlined and ineligible for credit because the government would not guarantee these loans;
Housing prices rose in general, but due to the decay of Black neighborhoods due to lack of investment, Black residents could not realize the increase in home prices that the rest of the nation was witnessing;
Real estate professionals and developers hemmed black families into poor neighborhoods where the low-quality schools, services, and infrastructure prevented upward mobility;
Social security was unavailable to farm and domestic workers, of which the majority were black; and
The post-World War II GI benefits assisted whites far more than Blacks. The administration of these benefits steered black applicants into unskilled jobs and historically underfunded black colleges. The result of missing out on GI benefits negatively impacted wealth creation for each subsequent generation.
Test 4
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Which of the following is described as the deliberate act of discouraging buyers from considering specific neighborhoods or directing them to neighborhoods of a particular racial, religious, or national-origin composition based on assumptions of the type of neighborhood you think your buyer wants to look at?
A) Blockbusting
B) Tipping
C) Steering
D) Redlining
C) Steering

Steering is the deliberate act of discouraging buyers from considering specific neighborhoods or directing them to neighborhoods of a particular racial, religious, or national-origin composition based on assumptions of the type of neighborhood you think your buyer wants to look at
Which of the following is described as when real estate licensees manipulate homeowners into selling their homes by spreading rumors about ethnic or other minority groups moving into the neighborhood.
A) Blockbusting
B) Steering
C) Racial bumping
D) Redlining
A) Blockbusting

Blockbusting is when real estate licensees manipulate homeowners into selling their homes by spreading rumors about ethnic or other minority groups moving into the neighborhood.
Once comparable sales have been identified by an appraiser, the appraiser can discount its value because of the racial composition of the neighborhood.
A) True
B) False
B) False

Once comparable sales have been identified by the appraiser, it is a violation of fair housing and other rules and laws to discount value for any discriminatory reason.
Is it a violation of Fair Housing for a broker to arbitrarily avoid showing certain neighborhoods because they don't match your buyer's race?
A) Yes
B) No
A) Yes

Steering is as simple as avoiding certain city areas because they don't match your buyer's race. For instance, a broker is steering if showing Hispanic-only neighborhoods to Hispanics while excluding housing of the same price range in predominately white or mixed racial neighborhoods. Steering is a violation of Fair Housing Law.
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