Questions and Answers
What does the Fair Housing Act of 1968 prohibit?
What are the 7 protected classes in the Fair Housing Act?
Race, color, religion, sex, national origin, handicap, familial status
What is blockbusting?
The illegal practice of inducing people to sell or rent because someone of a protected class is moving into the area
What is steering?
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What does redlining refer to?
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What is meant by 'protected class'?
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What are the three exceptions to the Fair Housing Act?
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What distinguishes the North Carolina Fair Housing Act of 1983 from the Federal Fair Housing Act of 1968?
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What issues does the Civil Rights Act of 1866 address?
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What does ECOA stand for?
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What are the 8 protected classes under ECOA?
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Does ECOA require lenders to give notice for credit refusal?
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Study Notes
Fair Housing Act of 1968
- Federal legislation that prohibits discrimination in various housing-related activities.
- Protected characteristics include race, color, religion, sex, national origin, handicap, and familial status.
Protected Classes
- Seven protected classes identified by the Fair Housing Act:
- Race
- Color
- Religion
- Sex
- National origin
- Handicap
- Familial status
Blockbusting
- Illegal tactic encouraging property owners to sell or rent because individuals from a protected class are moving into the neighborhood.
Steering
- A discriminatory practice directing buyers or tenants to specific housing based on their membership in a protected class.
Redlining
- The refusal to issue loans based on the racial or economic demographics of a designated area.
Definition of Protected Class
- Includes race, color, religion, sex, national origin, handicap, and familial status.
- Excludes age and occupation from protected classifications.
Exceptions to the Fair Housing Act
- Owners of three or fewer houses can sell or rent to anyone.
- Owners of four or fewer units can choose tenants if the owner resides in one unit.
- Private clubs or religious organizations can limit occupancy to members if not for commercial use.
North Carolina Fair Housing Act of 1983
- Similar to the Federal Fair Housing Act but with specific differences regarding exemptions:
- No exemptions for sales of single-family residences.
- Exemptions for rentals extend to owner-occupied units.
- Enforcement handled by the North Carolina Human Relations Commission through complaints.
Civil Rights Act of 1866
- Addresses racial discrimination specifically in all real estate matters.
- Contains no exemptions and allows for private lawsuits as an enforcement mechanism.
Equal Credit Opportunity Act (ECOA)
- Prohibits discrimination across all consumer credit transactions.
- Encompasses eight protected classes:
- Race
- Religion
- Color
- Sex
- National origin
- Age
- Marital status
- Receipt of public assistance/income
ECOA Requirement
- Lenders must provide a notice explaining why credit was refused, ensuring transparency and accountability.
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Description
Test your knowledge on the Fair Housing Act of 1968 and the Equal Credit Opportunity Act (ECOA). This quiz includes flashcards that cover key concepts and definitions related to discrimination in housing. Enhance your understanding of protected classes and legal obligations in housing practices.
