Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

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Prepare for the Texas Real Estate SAE Exam with our educational quiz. Study using flashcards and multiple choice questions, each with detailed explanations to ensure you're ready to pass your exam!

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What does the term 'Handicap' refer to in the context of real estate?

Physical impairment
Disability status including conditions like AIDS or HIV
Financial limitations
Legal restrictions on property sales

The correct answer is: Disability status including conditions like AIDS or HIV

The term 'Handicap' in the context of real estate specifically refers to disability status, which encompasses a wide range of physical and mental conditions that substantially limit one or more major life activities. This includes not only obvious physical impairments but also conditions such as AIDS or HIV, which may not be immediately visible yet still qualify as disabilities under various legal frameworks, including the Fair Housing Act. The Fair Housing Act prohibits discrimination based on disability status, ensuring that individuals with disabilities have equal access to housing. In this context, options regarding physical impairment, financial limitations, and legal restrictions on property sales do not fully encapsulate the broad understanding of 'Handicap' as it relates to compliance with housing laws and the equitable treatment of individuals with disabilities. Understanding this term in relation to real estate is crucial for ensuring adherence to fair housing practices and preventing discrimination in housing transactions.