Discriminatory Inducement

Definition of "Discriminatory inducement"

Real estate property incentive offered for reasons other than individual merit. A discriminatory inducement is an effort to get an individual to buy or sell, rent, or lease real estate through the unfair use of bias.

Comments for Discriminatory Inducement

Brenda Brenda said:

Is inducement just money?

Mar 01, 2020  06:55:03

 
Real Estate Agent

Hey Brenda! Inducement is the ability of an individual or an entity to persuade or lead someone to do something. Discriminatory inducement, as a general term, is more specifically targeting one's ability to persuade someone to discriminate against another. In real estate, it can refer to the fact that some real estate transactions are taking place as a result of unfair prejudice. The efforts of one to convince another to buy, sell or lease because of discriminatory reasons is a discriminatory inducement. Money is usually involved but it is not directly connected with the term.

Apr 06, 2020  12:47:04
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Real estate property incentive offered for reasons other than individual merit. A discriminatory inducement is an effort to get an individual to buy or sell, rent, or lease real estate ...

Also called a title defect. Any claim, lien, or encumbrance which, if valid, may impair the owners title to the property. This cloud does not hinder transfer of ownership on the property, ...

(1) Methods that involve discounting the future cash flows generated by an income property. These techniques are used primarily for valuation. (2) Methods of selecting and ranking ...

A Homeowner’s Association (HOA) is an organized group of homeowners in a home subdivision, condominium, or cooperative complex. They come together and found a Homeowner’s ...

The apportioning, disbursing, dividing, offering, or parceling out of property among individuals. (1) Probate: Court order to divide up and distribute the contents of an estate after the ...

Also called demand note. A loan with no established maturity period, callable on demand by the lender for repayment. The interest on this type of loan is calculated on a daily basis and ...

Also called interim financing. A mortgage that provides the funds necessary for the building or construction of a real estate project. The project can be a residential subdivision, a ...

Simply put, probate is a legal proceeding whereby the will of a deceased is tested for validity. The definition of probate is not known to most Americans. According to a Gallup survey, ...

An increase in the price or market value of real estate. ...

Popular Real Estate Questions