Ch 4 Redlining, Steering, Panic Peddling, Blockbusting

Ch 4 Redlining, Steering, Panic Peddling, Blockbusting Discriminatory Acts Flashcards in 1988 these new classes were added to FHA mental or physical disabilities (including AIDS) and familial status (family members under 18yr) real estate can be either one of these types of assestscorporeal, and incorporeal assets parcelTo divide into parts and distribute, a specific tract of land that has legally defined boundaries They are the rights you are buying, previously held by the seller Bundle of rights Failure to comply with fair housing practices is grounds for license revocation and a criminal act Bundle of RightsControl, (Disposition, Enjoyment, exclusion, Possession There are exception that were added in by this act against the previous Civil Rights Act 1968 housings intended for these people are exempt from familial status requirements older persons Civil Rights Act of 1866 is Also calledTitle VIII Real estate and these words are used interchageablyreal property, realty Jones wasan African American man who sued MAyer and alleges Mayer refused to sell him a home in st. Jouis County Missouri on the basis of race Real property ownership is often described as bundle of rights The case versus Jones v Mayer did thisUpheld the Civil Rights Act of 1866 making the exemption that allowed discrimination because of the 1968 laws unlawful.Is part of the home mortgage disclosure act of 1975Redlining landThe earth's surface, extending downward to the center of the earth and upward infinitely into space, including things permanently attached by nature, such as trees and water.real estateproperty consisting of land or buildings familial statue includesfamily member under 18 deviseleave by will real estateland and anything that is attached to it all man made improvements There are no exceptions to this federal law Civil Rights act of 1866 1974 Amendmentsadded sex as a protected class Civil Rights Act of 1866prohibits discrimination based on RACE and Color Federal Housing Act of 1968unlawful to discriminate on the basis of race, color, religion or national origin when selling or leasing residential property. (added exemptions of 1866 civil rights Act of 1866) these persons in treatment are considered a protected class alcoholics

When a person purchases a parcel of real estate they are actually buying the rights previously held by the seller improvement includebuildings erected on the land and street, utilities, sewers and other manufactured additions to the property HOPAHousing for Older People Act Physical disabilities includeAIDS second significant fair housing development of 1968Supreme court decision on case of Jones v Alfred Mayer Company goal of legislators who enacted fair housing laws and regulations is to create a single, unbiased housing market, every financially qualified homeseeker has the opportunity to buy any home in the area he/she chooses