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The Fair Housing Act Explained 

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Tags:  The Fair Housing Act  get financial help  Understanding the Fair Housing Act  Know Before You Rent  Fair Housing Rights 
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Published:  May 18, 2012
 
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Slide 1: ==== ==== Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act http://www.rygetfinancialhelp.com ==== ==== Fair Housing Act is noted for giving a major difference in the real estate industry. This was proposed in 1965 and eventually was approved three years later. Such provision clearly explains that it is unlawful to reject someone who wants to sell or lease a property due to discrimination of his nationality, gender, religion, race and other aspects. This was conceptualized from the idea to stop illegal practices relating to the real estate sector. It was the Department of Housing and Urban Development that was designated to implement the policy. Investigations were conducted to several people and institutions to collate the necessary info for the justification of the rude discrimination procedure. In this act, the term they use to define an individual or group of individuals is person. This is a representation of an entity described in the said regulation. These people are all subjected under the law. The law refers to various discriminatory cases which also cover selling, leasing, advertising and financing. To broaden you understand about this act, here is a brief explanation. Basically, this policy focuses on the unlawful rejection of a person to do transactions under the real estate industry. Regardless if they are going to lease, sell or buy everybody must have equal rights. Here are the conditions that Fair Housing Act stresses about the illegal discrimination: oIf the renter or buyer happens to have a disability, he must not be singled out. He deserves to have equal rights like other individuals who hope to purchase or sell a house. oIf the person who is deemed to stay in the property as soon as it is sold has a disability. Regardless of the condition of the person, he must have the right to live in the property like normal people do. oA person who is connected to the buyer or the renter that has disability. Everyone deserves to be treated equal. Nobody has the right to single out a person just because of his disability or weaknesses. The FHA also states that there are particular exceptions in the law even if it has already identified several cases that are said to be illegal. A concrete example is rejecting an individual, who has a critical health condition that can possibly harm other tenants, to rent the house. Moreover, it is also acceptable to refuse a person to lease a property if he has the capability to destroy the house. It is clearly stated in this law that any form of discrimination is immediately considered unlawful. If you are going to advertise about your property, you should not place any specific requirements
Slide 2: that can discriminate a person. Bear in mind that you are not only held liable for this if the ads came out, the advertising company will also be held responsible. Thus, be careful in making the context of your commercial. In addition to that, owners or real estate brokers that give special requirements to their brokers, is also considered illegal. Hence, do not be too mean in discriminating people from a particular class. FHA also specifies that real estate agents should stop blockbusting practices. They must be fully aware that such method is punishable by law. Fair Housing Act has indeed made a difference in the real estate industry. It opened more housing opportunities for different kinds of people. Thus, anything discriminatory done by real estate investors are said to be illegal. You might want to experience what it is like to live in one of these communities Phoenix AZ Homes and Leisure World Mesa AZ Homes. Article Source: http://EzineArticles.com/?expert=Lian_Canonigo ==== ==== Get Loan Offers! Mortgage Calculator Mortgage Glossary Debt Reduction Fair Housing Act http://www.rygetfinancialhelp.com ==== ====

   
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