Fair Housing Act: Be Careful About Being Picky About Choosing Tenants

Fair Housing Act
Learn How to Buy Your First Rental Property

 

The Fair Housing Act

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 (Department of Housing), was established to provide equal opportunity for real estate housing to various groups of individuals.

As an investor landlord, you cannot discriminate against persons because 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 facilitiesFalsely 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.

Discrimination in housing is serious and can result in various consequences for landlords from this act and your local government rules.

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.

Following these rules, along with your state landlord laws, allows you to follow good housing practice with your rental property business.

 

Want To Learn More About Managing Properties?

Click here to access our free video tutorial on how to self manage your rental properties. We'll show you what you must have in your rental application, how and where to list your properties and why you should always conduct walk thrus with your tenants.  Get started now.

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