Privacy Rights & Do Not Call Regulations in Real Estate Sales


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question 1 of 3

Many consumer rights are protected under the:

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1. By law, a mortgage lender is considered _____.

2. The Gramm-Leach Bliley Act requires financial institutions to provide consumers with:

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About This Quiz & Worksheet

When a consumer completes a real estate transaction, they have a right to expect their private information to be protected, which is stipulated by privacy and Do Not Call laws. Passing the quiz on this subject requires you to answer questions about topics like consumer rights and the Gramm-Leach Bliley Act (GLBA).

Quiz & Worksheet Goals

Assess your knowledge of these topics with the quiz and worksheet:

  • The entity or act protecting consumer rights
  • Classification of mortgage lenders
  • The Gramm-Leach Bliley Act
  • Exceptions to the Do Not Call Registry for real estate professionals

Skills Practiced

Test the following skills with this quiz and worksheet:

  • Reading comprehension - ensure that you drew the most vital facts about information like banking and credit account balances and debt payment records from the lesson
  • Information recall - access your knowledge of the Do Not Call Registry and exceptions for real estate professionals
  • Knowledge application - use what you know about the GLBA to answer questions

Additional Learning

Learn more about privacy and Do Not Call laws by reviewing the lesson, Privacy Rights & Do Not Call Regulations in Real Estate Sales. It covers these objectives:

  • Define credit worthiness and affiliates
  • Examine the aspects of a privacy notice
  • Understand why real estate professionals could be considered telemarketers
  • Discover the relationship between the Federal Communications Commission and the Do Not Call Registry