Question
What discriminatory practice involved directing minority homebuyers to certain neighborhoods to enforce segregation?
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The correct answer is...
Steering.
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Question
What did the Civil Rights Act of 1866 guarantee regarding property and contracts?
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Equal rights to make and enforce contracts and to purchase, lease, sell, hold, and inherit property regardless of race.
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What does the Fair Housing Act regulate according to the Extended Commentary?
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Conduct, not value outcomes.
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What was the purpose of the PAVE Task Force?
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To establish a framework for unbiased property appraisals and create mechanisms to dispute potentially biased valuations.
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What strengthens professional defensibility in appraisal practice?
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Clearly distinguishing observable market evidence from broader policy discussions and maintaining objective, well-supported analysis.
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2.1.17 Valuation Bias Flashcards 2026
Calypso
Created on February 25, 2026
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Transcript
Question
What discriminatory practice involved directing minority homebuyers to certain neighborhoods to enforce segregation?
Flip flashcard to reveal answer
The correct answer is...
Steering.
Next card
Back to Question
Question
What did the Civil Rights Act of 1866 guarantee regarding property and contracts?
Flip flashcard to reveal answer
Previous Card
The correct answer is...
Equal rights to make and enforce contracts and to purchase, lease, sell, hold, and inherit property regardless of race.
Next card
Back to Question
Question
What does the Fair Housing Act regulate according to the Extended Commentary?
Flip flashcard to reveal answer
Previous Card
The correct answer is...
Conduct, not value outcomes.
Next card
Back to Question
Question
What was the purpose of the PAVE Task Force?
Flip flashcard to reveal answer
Previous Card
The correct answer is...
To establish a framework for unbiased property appraisals and create mechanisms to dispute potentially biased valuations.
Next card
Back to Question
Question
What strengthens professional defensibility in appraisal practice?
Flip flashcard to reveal answer
Previous Card
The correct answer is...
Clearly distinguishing observable market evidence from broader policy discussions and maintaining objective, well-supported analysis.
Back to Question