Why would a listing agreement that restricts buyers to only native-born U.S. citizens be void?

Study for the Indiana 90-Hour Broker Course Exam. Master key concepts with multiple-choice questions, detailed explanations, and expert tips. Prepare thoroughly for success!

A listing agreement that restricts buyers to only native-born U.S. citizens would be considered void primarily because it violates fair housing laws. These laws are designed to prevent discrimination in the housing market based on specific protected characteristics, including national origin. By imposing a restriction that only allows native-born citizens to purchase property, the agreement would be discriminatory and therefore unenforceable under federal and state laws, which aim to ensure equal housing opportunities for everyone, regardless of their background.

Understanding the foundational fair housing principles helps clarify why this restriction would render the listing agreement void. It is essential for all real estate transactions to respect and adhere to these laws to promote fairness and equality in the housing market.

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