- The illegal practice of discriminating against buyers or renters of dwellings on the basis of race, colour, religion, national origin, sex, family status, or disability.
bias, prejudice, bigotry, injustice, unfair
Related Terms and Acronyms
- Bill of Sale (BS) — Acronym, Important,
- A written document that serves as evidence of the transfer of title to personal property.
- Bundle of Rights — Definition,
- A set of legal rights that an owner has regarding a property.
- Contract For Deed (CFD) — Acronym,
- An agreement for sale of property in which the buyer takes possession while making payments, but the seller holds title until full payment is made. Also called a land contract.
- For Sale By Owner (FSBO) — Acronym, Very Important,
➥ Can save the seller money by forgoing realtor fees.
- An arrangement by which a house's owner tries to sell the house without hiring a real-estate agent. Owners do this to avoid paying a commission.
- Handicap Accessibility — Definition,
- A measure of how accessible a location, product or service is for people with special needs or disabilities.
- Mixed-income Housing — Definition,
- A neighbourhood whose residents earn widely varying wages and salaries.
- Predatory Lending (PL) — Acronym, Important,
- Lending practices that are unfair, deceptive or fraudulent.
- Sales Contract — Definition,
- A legal written document that details the agreed upon conditions between a seller and a buyer regarding the sale of a specific property. Also called an "Agreement of Sale."
- Tort — Definition,
- An act that causes harm or loss.