Highlights chapter 7

Question 1

Federal fair, housing laws

Answer 1

The civil rights act of 1866 prohibited discrimination on the basis of race
Title VI of the civil rights act of 1964 prohibited discrimination and government funded housing programs.

Question 2

Redlining

Answer 2

Red lining is a refusal by a lender approval, mortgage loan, based on a property being located in a certain geographical area, the age of the property, the income, level of the residence, or the racial composition of the area

Question 3

Americans with disabilities act

Answer 3

Owners of properties open to the public are required to remove barriers that that limit access or utility to individuals with disabilities, the ADA mandates design specifications from multifamily dwelling units to provide accessible and usable common areas for people with disabilities , also covers employment, opportunities, telecommunications, and access to public transportation, public accommodations, and commercial facilities with the goal of eliminating barriers that affect individuals with disabilities 

Question 4

The landlord, options and procedures for handling Security deposit and advanced rents

Answer 4

• Hold the total amount of the security deposit or advance rent in A not interest Baron ask her account in the Florida bank institution for the Tennis benefit. The landlord cannot call, mingle the funds with any other funds of the landlord.
  -Hold the total amount of the security. Plaza invest rent, an interest bearing escrow account and a Florida bank and interest for the Tennis benefit. The tenant shall receive 75% of the interest earned or 5% interest at the election of the landlord. The landlord cannot make defense with any other funds of the landlord.
• post a Shorty bond with the clerk of the circuit court and the county in which the dwelling unit is located in the amount of the total security Holdens or $50,000, which ever is less, the security deposit and advance rents, may then be comical with other funds of the landlord. The landlord must pay the tenant 5% simple interest interest annually on money held in this manner.

Question 5

Return of security deposit

Answer 5

Upon the Tennis, vacating of the premises, the landlord has 15 days to return the security deposit, including accrued interest, if any, if there is no intention of making a claim for damages against the deposit.
The landlord intends to make a claim for damages against the deposit, the landlord has 30 days in which to notify the tenant. The landlord noticed for intention to file a claim, must be made by certified mail.

Question 6

Telephone solicitation laws

Answer 6

Federal law prohibits telephone solicitation calls before 8 AM. And after 9 PM. Individuals may request to be placed on a federal do not call list, which must be observed by any firm use and solicitation methods. Violators are subject to apply a $40,000 per call. There is no charge for registration. A licensee may call an owner whose name appears on do not call list when representing a buyer interested in buying a property, but may not use the showing and attempt to obtain a listing