Unit 4 R.E. Principles Flashcards
What is Executive Order 11063?
In 1962 the President issued executive order 11063 to prevent discrimination in residential properties financed by FHA and VA loans. The order facilitated enforcement of fair housing where federal funding was involved.
What is Civil Rights Act of 1866?
Prohibits discrimination in housing based on race. The prohibition relates to selling, renting, inheriting and conveying real estate.
What is Cicil Rights Act of 1968 Title VIII (Fair Housing Act)
Prohibits discrimination in housing based on race, color, religion or national origin. This Act is administered and enforced under the supervision of HUD.
What is New Fair Housing Regulation?
Equal Access to housing in HUD Programs - regardless of sexual orientation or gender identity
What are so e forms of illegal discrimination?
Discriminatory misrepresentation - agent cannot conceal avail. properties or change the sale terms; Discriminatory advertising; Providing unequal services- cannot alter services to anyone based on race, color, sex, national origin or religion; Steering - directly or ondirectly steering customers to or fro a certain area
What are some more practices of illegal discrimination?
Blockbusting - practice of inducing owners to sell or rent to avoid impending change in ethnic makeup of neighborhood; Restricting MLS participation; redlining- the practice of refusing to make loans on properties…lender denies all financing to applicants within encircled area.
