National Real Estate Practice Exam

Which act also encompasses age and marital status in its provisions?

1. The Civil Rights Act of 1964

2. The Federal Fair Housing Act

3. The Federal Equal Credit Opportunity Act

4. The Fair Housing Amendments Act

The correct answer is: The Federal Equal Credit Opportunity Act

The Federal Equal Credit Opportunity Act is the correct choice as it specifically prohibits discrimination in credit transactions based on various characteristics, including age and marital status. This act aims to ensure that all consumers have equal access to credit regardless of these factors, promoting fairness in lending practices. While the Civil Rights Act of 1964 addresses discrimination based on race, color, religion, sex, or national origin, it does not specifically cover age or marital status. The Federal Fair Housing Act primarily deals with housing discrimination, focusing on protected classes like race, religion, or disability rather than credit or financial aspects. Similarly, the Fair Housing Amendments Act extends the original Fair Housing Act protections to include additional categories such as disability and familial status, but it does not encompass age and marital status. Understanding the nuances of these acts is essential for recognizing the broader implications of fair treatment across various sectors, especially in lending and housing markets.