Fair Housing Law and Its Impact on Real Estate
Fair housing has been a core principle of real estate for years, but what exactly does it mean for you as a buyer, seller, or real estate professional? In this episode of The Den, join us as we dive into the ins and outs of the Fair Housing Act with real estate experts Paul and Aspen, exploring how it impacts everything from short-term rentals to everyday real estate marketing.
KEY TAKEAWAYS:
• Fair housing has been a pillar in the real estate community for many years.
• The Fair Housing Act, also known as Title VIII of the Civil Rights Act of 1968, was signed into law by Lyndon B. Johnson.
• The Act lays down the foundation of nondiscriminatory acts in the field of real estate.
• The Fair Housing Act protects against discrimination based on race, color, national origin, religion, sex, familial status, and disability.
• In short term rentals, a host must allow a service animal at no extra charge.
• Under the Fair Housing Act, a service animal is defined as a dog or miniature pony.
• HUD, the Housing and Urban Development, enforces the Fair Housing Act and can issue fines and even prison time for violations.
• The number one complaint to HUD regarding the Fair Housing Act is over disabilities.
• Landlords must make reasonable accommodations for people with disabilities, such as providing a handicap parking space.
• Landlords are not required to pay for extensive accommodations, such as installing an elevator, but a tenant can pay to install a lift to get to the second floor.
BEST MOMENTS:
00:00:20:03. We're a small team of professionals with over 400 million in sales and nearly 2000 successful transactions.
00:01:40:05. When you're advertising for short term rentals, what are the things that you kind of avoid or know that are red flags to say in your marketing that you just don't do because you know, it would violate fair housing?
00:02:20:25. If someone has a service animal, you have to let them bring the service online at no additional charge, no additional fee.
00:04:12:12. If someone asks you to make reasonable accommodations, then you have to let them.
00:06:47:12. You can't say stuff like great Christian neighborhood.
00:07:09:23. Master bedroom, we say primary bedroom.
00:08:52:11. I've been hearing across the country, people want to go back to segregated dorms.
00:10:59:26. You have you can't discriminate on ancestry.
00:12:28:18. Doesn't matter who you identify as, where you came from, what your familial status is, what your age is.
00:14:19:16. I was I was hearing either racist comments or derogatory terms or, you know, and it's a lot of times it's we think about race.
00:15:38:02. It wasn't until the 70s that an Na took, took discrimination out of their code of ethics because up until then, they said you have to follow the social norms, which is redlining and steering and all that kind of stuff, to try to segregate certain people into certain areas.
00:19:38:21. Well, because there could possibly be somebody that's looking to buy that is not walking is, you know, it's bound to a wheelchair or, it doesn't have the capacity with like a disease or a condition that doesn't allow them to walk.
00:24:43:03. Landlord should probably say, hey, let's make something work where you're able and comfortable to be getting in and out of your vehicle to access your unit.
Website: sjcbroker.com
TikTok: https://www.tiktok.com/@thelyonsgroup4c
Instagram: https://www.instagram.com/thelyonsgroupfourcorners/
Facebook: https://www.facebook.com/TheLyonsGroupFourCorners
Sign up for our newsletter for valuable insights and updates via www.sjcbroker.com too!
Produced by APodcastGeek: https://www.apodcastgeek.com