Be Careful About Being Too Picky When Choosing Your Tenants

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Are you just about ready to find your first tenant?  If so, take note of this important law in regards to finding a tenant.The Fair Housing Act, established in 1968 by HUD, was established to provide equal opportunity for housing to various groups of individuals.

 

As an investor landlord, you cannot discriminate against a renter on the premise of race, religion, sex, handicap, familial status, national origin and color.  What do we mean by discriminate?  Take a look at the list below provided by HUD.

 

  • Refuse to rent or sell housing
  • Refuse to negotiate for housing
  • Make housing unavailable
  • Deny a dwelling
  • Set different terms, conditions or privileges for sale or rental of a dwelling
  • Provide different housing services or facilities
  • Falsely deny that housing is available for inspection, sale, or rental
  • For profit, persuade owners to sell or rent (blockbusting) or
  • Deny anyone access to or membership in a facility or service (such as a multiple listing service) related to the sale or rental of housing.

(www.hud.gov)

If a current or potential tenant feels that their rights have been violated they have up to one year to file a complaint with HUD.

So before you decide on the perfect tenant for you, take into consideration the above laws you must abide by.  Being aware of the rights of both yourself and your tenant can help alleviate any potential misunderstandings that may occur.

 

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