Term
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Definition
| "All citizens of the United States shall have the same right in every state and territory as is enjoyed by white citizens thereof to inherit, purchase, lease, sell, hold, and convey real and personal property." |
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Term
| Title VIII / Civil Rights Act of 1968 |
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Definition
| prohibited discrimination in housing based on race, color, religion, or national origin. |
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Term
| 1974 Housing and Community Development Act |
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Definition
| Added "sex" to the Civil Rights Act of 1968 |
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Term
| 1988 Fair Housing Amendments Act |
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Definition
| Added families with children and those with physical or mental disabilities |
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Term
| Name the protected classes covered by "The Fair Housing Act." |
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Definition
| race, color, religion, sex, handicap, familial status, or national origin |
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Term
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Definition
| the act of encouraging people to sell or rent their homes by claiming that the entry of a protected class of people into the neighborhood will have some sort of negative impact on property values |
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Term
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Definition
| channeling of home seekers to particular neighborhoods |
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Term
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Definition
| refusing to make mortgage loans or issue insurance policies in certain areas for reasons other than the economic qualifications of the applicants |
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Term
| Exemptions to Fair Housing |
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Definition
If you have a fourplex or less and live in one of the units but one cannot advertise it
unless one is renting out a portion of their own home and shaing their living quarters and limiting it to their own gender. |
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Term
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Definition
| Civil Right Act / What year did race become a protected |
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Term
| Fair Housing Amendments Act, making major changes to Title VIII, providing monetary penalties |
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Definition
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Term
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Definition
competing brokers agree to set sales commissions, fees, or management rates
brokers may set all the above within the same firm |
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Term
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Definition
| two or more businesses conspire against another business or agree to withold their patronage to reduce competition |
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Term
| Allocation of customers or markets |
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Definition
| agreement to divide their markets and refrain from competing for each other's business |
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Term
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Definition
| agreement to sell on product only if the buyer purchases another product as well. (I'll only sell you a piece of property only if you let me list the houses.) |
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