The housing and real estate market can be a fun challenge for many individuals but what some may not know is that there are certain laws in place that have to be followed or consequences will be handed out. In a new recap of the Fair Housing act by Forbes, they outline a few tips and tricks to ensure your real estate team is in full compliance. By reviewing all government publications, to taking and providing educational courses, you will be up to speed in no time!
- The Federal Fair Housing Act, created to ensure homebuyer’s are not unfairly discriminated against has had additions made to it since its inception.
- The original version, instituted in 1964, had a list of protected individuals. However, real estate entities need to review the protected class list regularly as it has expanded since then.
- The National Center for Housing Management offers real estate sales people an online course called, “Fair Housing Essentials.”
“Review government publications on the matter. All—and I mean all—of the information you need is at your fingertips. Use Google to your advantage. If you have a special circumstance, call a lawyer versed in housing law to guide you through the situation.”