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.
Popular Real Estate Terms
Buyer agrees to accept the responsibility for the existing mortgage. The seller is not relieved of the obligation unless the lender agrees to release it. Many lenders charge points and ...
Method of eliminating the spaces between the solid fragments in fresh cement or mortar during the mixing process. This is done by a combination of constantly mixing, turning, centrifuging, ...
(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property. ...
An official indicating intensity of land use in a zoned urban area. ...
Cancellation of a contract such as when a real estate agreement is deemed illegal. ...
Window normally mounted on hinges in a window casing. It swings outward to open. ...
Barrel, reservoir, or tank for storing rain runoff. ...
Long, one-story house with the roof sloping toward the ground, often having skylights and contemporary windows. ...
Will not meeting all the requirements of a valid will. ...
Comments for Discriminatory Inducement
Is inducement just money?
Mar 01, 2020 06:55:03Hey 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 12:47:04Have a question or comment?
We're here to help.