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

Insurance coverage for any risk that can cause physical damage to the insured item. ...

Agreement to transfer funds to a third party. ...

Room containing a toilet and wash basin, but does not include a shower or bath tub. ...

Post-like components of wood that comprise a building frame. For example, a building code in a locality might require that studs measuring two-up-six be used for the exterior part of the ...

CE Shop has become a widely used and popular term in real estate. But what does it mean? “CE” stands for continuing education, and in the real estate business, it implies a ...

In commerce and business, margin as a general term is defined as by the difference between the amount of money spent on a product and the selling price of it. The margin usually appears as ...

Same as term REIT: Type of investment company that invests money in mortgages and various types of investment in real estate, in order to earn profits for shareholders. Shareholders receive ...

Under current tax law, real estate is depreciated under either the straight-line method or modified accelerated cost recovery system (MACRS) method. See also MACRS. ...

The number of units currently occupied in a facility, neighborhood, or city, stated as a percentage of total capacity. For example, a hotel has 80 rooms available for guests. Its average ...

Popular Real Estate Questions