Discrimination
Unequal treatment and denial of opportunity to individuals based on race, color, creed, nationality, age, or sex. The Civil Rights Acts passed by the U.S. Congress included those of 1866, 1870, 1871, 1875, 1964, and 1968. The first two acts gave blacks the rights to be treated as citizens in legal actions, particularly to sue and be sued and to own property. The Civil Rights Act of 1964 prohibited discrimination in employment and established the Equal Employment Opportunity Commission. This landmark legislation also banned discrimination in public accommodations connected with interstate commerce, including restaurants, hotels, and theaters. The Federal Fair Housing Act of 1968, included as Title VII of the Civil Rights Act of 1968, prohibited discrimination in the sale or rental of residential housing. See also affirmative action: civil rights laws.
Popular Real Estate Terms
Contractual clause freeing a party from personal liability. Foe example, an exculpatory clause in a mortgage agreement provides a mortgagor the ability to surrender a mortgage property in ...
Number of range grassland acres needed to support one animal unit for a specified period of time or grazing season. ...
Want to understand exactly what is a real estate consultant?Well, it’s hard to define a real estate consultant by its duties, because it’s very similar to that of a real estate ...
Use of other people's money (OPM) in an attempt to maximize the return but at high risk. The use of leverage in real estate investing is a way to maximize yield on a small down payment. ...
The "frost line" is a critical concept in real estate and construction, especially in regions with cold climates. But what exactly is the frost line, and why does it matter? Let’s ...
The term action in personam is used mostly in legal proceedings because Roman law heavily influenced our judicial system. Many terms used in law have their roots in Roman law, not only this ...
Creates a lien against the mortgagor's property, but does not permit a lien against his or her personal assets. See also non recourse. ...
Also called earnest money. Money deposited with an individual for security for the performance so some contract. This is intended to show his/her willingness to follow through with the ...
Expected market value of property if sold today. ...
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