Sentences with phrase «discriminate against a buyer»

Fair Housing Act: An act created by the federal government that makes it illegal for lenders, sellers, agents, brokers, and anyone involved in the sale or purchase of a home to discriminate against a buyer for any reason.

Not exact matches

Poloncarz also said he expects to gain more headway with his proposed Fair Housing Law, which adds to existing state and federal anti-discrimination legislation to prohibit housing discrimination based on sources of income, which are frequently cited as a pretext for discriminating against prospective tenants and buyers based on race, marital status and disabilities.

The Fair Housing Act (1968)-- A part of the historic Civil Rights Act of 1968, the Fair Housing Act forbid sellers and landlords from discriminating against prospective renters and buyers based on protected class characteristics such as race, sex, marital status, national origin, religion and others.

The property transfer tax introduced by the governments of British Columbia and Ontario targets capital flows and discriminates against non-resident buyers.

Also, in some areas the listing brokers do not want to offer the Buyers realtors less than the «normal» rate (normally this is 2 % to 3 % commission) because they do not wish to be discriminated against by the established Realtors in the area who want to keep the commissions higher.

The federal government and state of Colorado have numerous rules and laws to protect tenants and home buyers from being discriminated against.