The Equal Credit Opportunity Act protects borrowers applying for home loans from discriminatory lending practices. This federal civil rights law is a crucial part of the real estate exam. It plays a significant role in promoting fair housing and fighting …
The Housing and Community Development Act of 1974 added sex as a protected class to the Fair Housing Act and funded community development for low-income families. Because this act expanded on fair housing laws, it’s a crucial aspect of the …
The Jones v. Mayer case of 1968 determined that Congress could regulate the sale of private property to prohibit racial discrimination. This ruling shaped future fair housing laws, so it’s essential for real estate professionals to know. You’ll need to …
Affinity housing allows minority groups with shared identities to live in one community exempting themselves from certain aspects of the Fair Housing Act. To understand affinity communities, you’ll need to learn from real estate professionals. Luckily, we’re here to give …
The Single-Family Home Exemption states that homeowners selling single-family homes without a licensed real estate agent are exempt from the Fair Housing Act. To ensure a passing grade on the real estate exam, you’ll need to be well-versed in the …
The Mrs. Murphy Exemption provides that owner-occupied homes with four or fewer rental units are exempt from certain aspects of the Fair Housing Act. This exemption allows property owners to discriminate against certain groups when looking for tenants. You may …