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Fair Housing Act

Fair Housing Act

What is the Fair Housing Act?

The Fair Housing Act is part of the Civil Rights Act of 1968 and guarantees fair treatment regarding buying, renting, and financing homes based protected classes including race, religion, national origin, sex, handicap, and family status. This is Title VIII of the Civil Rights Act.

This law is intended to prevent the reversal of housing segregation and makes it illegal to discriminate. The Department of Housing and Urban Development (HUD) is tasked with making sure this law is enforced and violations can result in significant fines.

  • For the first violation, the fine is $16,000
  • For the second violation in the past 5 years, the fine is $37,500
  • If more than two violations occurred in the past 7 years, the fine is $65,000

As a property investor, you are guaranteed to be protected by the Fair Housing Act when you purchase and finance your home. Property investors are also responsible for making sure that they don't violate the Fair Housing Act when renting to prospective tenants.

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