Fair Housing Rights

The Fair Housing Act is a set of local, federal as well as state civil norms which empowers an individual to enjoy equal rights pertaining to any housing related transactions. These may include deals related to mortgages, advertising, property appraisals, and rentals etc.

The Fair Housing Act was formulated in the year 1968. It was amended in the year 1988 which has made this law more effective.

Fair Housing Rights - Empower your self

It is very important to know Fair Housing Rights so that you can deal better in the real estate market in United States. There are several instances when people have been taken for a ride in the real estate market. Some of the common instances include a landlord cheating a tenant or vice versa, a homebuyer cheating the seller etc.
Such instances are common and the fact that there are very few people who are aware of the Fair Housing Rights makes them even more susceptible to fraud. But it is very important to know that if you develop awareness and know your rights, you can fight for yourself better.
Not only that you will be able to identify such instances when someone is trying to trick you into fraudulent practices.

Fair Housing Rights – What is included?

Although many housing deals are included in the Fair Housing Act, given below are 2 instances which show you how you can make Fair Housing Rights work to your advantage.
If you are planning to sell or rent a particular premise, you cannot be discriminated on the basis of color, national origin, gender, race, religion etc. The following actions cannot be taken against you –
* Deny a place to live * Decline negotiations related to housing matters * Refuse to sell or rent a house * Declare falsely that the house is up for rent, sale or inspection * Set aside different terms and conditions other than what is required as per the law etc

Fair Housing Rights and mortgage lending

Fair Housing Rights is also applicable in case of mortgage lending activities. Find out how.
No individual is allowed to take the following actions against you if you approach a mortgage lender for a home loan.
* Decline your request for mortgage
* Discriminate in property appraisal
* Refuse to furnish information related to loans
* Assign different terms and conditions other than what is needed by the law etc
Fair Housing Rights was mainly propounded in order to enhance home affordability among consumers. The prime objective of the Act was to allow every individual in the country to own a home of their own. So, exercise the Fair Housing Rights and keep unethical practices in the housing market at bay.