Real estate exam practice question 22

By
Real Estate Agent with Waller Group

 If conditions for purchase are included in a deed and these conditions are violated, what is the penalty?

a. a $4,000 fine and or a prison term of not more than 6 months..

b. the Fair Housing law prohibits conditions in deeds.

c. a court will issue an injunction to enforce the conditions.

d return the property to the original owner.

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Rainmaker
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Pam Jank
Coldwell Banker Schneidmiller Realty - Coeur d'Alene, ID
Your Coeur d'Alene & North Idaho Real Estate Pro

Richard, that answer would be "D"... Return Property to original Owner...  This is Fun, more please.

March 23, 2011 04:52 PM #1
Rainmaker
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Pam Jank
Coldwell Banker Schneidmiller Realty - Coeur d'Alene, ID
Your Coeur d'Alene & North Idaho Real Estate Pro

They are called "Deed Restrictions" here in Idaho.   Break the deed restriction and it reverts back.

March 26, 2011 12:14 AM #2
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Rainmaker
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Richard Weeks

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