What is Equal housing? Equal opportunity housing (sometimes also referred to as “equal housing opportunity”) means that everyone has an equal right to be judged fairly in financing decisions related to housing. Under these laws, you also have a right to rent accommodations wherever you want, provided you can afford it.
Also, What regulation requires the use of the Equal housing Lender logo on written advertisements for home related lending products?
Fair Housing Advertising
Advertising. The authority for fair housing requirements in credit advertising is the Fair Housing Act. Historically, HUD has mandated the use and size of the fair housing, or “outhouse,” logo.
What does HUD stand for? Created as part of President Lyndon B. Johnson’s War on Poverty, the Department of Housing and Urban Development (HUD) was established as a Cabinet Department by the Department of Housing and Urban Development Act (42 U.S.C. 3532-3537), effective November 9, 1965.
What are the 3 types of real estate?
There are 3 main types of real estate investment; Commercial Real Estate, Residential Real Estate, and Land. Each type has multiple sub categories.
What is Equal housing Opportunity Oregon?
Oregon law prohibits discrimination against individuals because of their marital status. Oregon law covers any real property for sale, rent, or lease. … The protected classes include race/color, religion, sex, physical or mental disability, marital status, national origin, and familial status.
Which law requires you to always include the Equal housing Opportunity logo on all advertisements?
In nearly all housing, including private housing, public housing, and housing that receives federal funding, the Fair Housing Act prohibits the making, printing and publishing of advertisements that indicate a preference, limitation or discrimination because of race, color, religion, sex, disability, familial status, …
Which federal law requires the inclusion of the Equal housing Opportunity logo on all advertisements?
All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation or discrimination because of race, color, religion, sex, handicap, familial status, military status or national origin, or intention to make any such preference, limitation or …
Which logo must be prominently displayed in all branch offices of a lender?
HMDA Reporting. … Federal Regulation C requires lenders to prominently display a poster in every branch office lobby that provides information on requesting their unique HMDA statistics. 7 These statistics can also be viewed by the public online for free at the CFPB data repository.
What is HUD design?
A head-up display, also known as a HUD (/hʌd/), is any transparent display that presents data without requiring users to look away from their usual viewpoints.
What is another name for HUD?
The HUD-1 form, often also referred to as a “Settlement Statement”, a “Closing Statement”, “Settlement Sheet”, combination of the terms or even just “HUD” is a document used when a borrower is lent funds to purchase real estate. Another acronym used in relation to the HUD form is GFE, which means ‘Good Faith Estimate’.
What does GTR stand for in real estate?
| Acronym | Definition |
|---|---|
| GTR | Government Technical Representative (for contracts) |
| HAMP | Home Affordable Modification Program |
| HAP | Housing Assistance Payments |
| HAP | Housing Assistance Plan. Housing plans required by CDBG program. |
What is another name for real estate?
What is another word for real estate?
| property | land |
|---|---|
| realty | landholdings |
| lot | plot |
| territory | plat |
| estate | freehold |
What are the 4 types of real estate?
The four main types of real estate
- Residential. The residential real estate market in the U.S. is just plain huge. …
- Commercial. The commercial real estate (CRE) market is best known for world-class shopping centers in California, trophy office properties in Manhattan, and oversized investor personalities. …
- Industrial. …
- Land.
What is the most popular type of real estate?
Residential property is by far the most popular with both new and experienced agents. That’s no surprise—given the 2010 US Census shows more than 116 million occupied housing units. Real estate agents further specialize in types of homes.
Can you only rent to married couples?
Do you have a legal right, as an unmarried couple, to rent a place? Not under federal law. … While some 20 states ban discrimination on the basis of marital status, most of these states’ laws extend protection to married couples only (meaning that landlords cannot treat married tenants differently from single tenants).
Can a landlord deny an emotional support animal Oregon?
Housing in Oregon with an emotional support animal is protected under the Fair Housing Act. … Landlords cannot deny access to an emotional support animal or charge extra for having an emotional support animal in the property.
Is pet rent allowed in Oregon?
PORTLAND, Ore. … The newly proposed Oregon House Bill 2683 “prohibits landlords that allow pets from charging tenants additional rent or fees based on possession of pets.”
What are HUD restricted words?
- Remember, when in Doubt:
- NEVER USE ethnic references (e.g. Black, Caucasian/White, Asian, American Indian)
- NEVER USE nationalities (e.g. Chinese, African, German, Italian)
- NEVER USE religious references (e.g. near temple, mosque, church, Christian, Muslim,
- NEVER USE sex, gender or sexual orientation (e.g. male.
Does HUD do background checks?
If so, what must they do? In the screening of applicants, the PHA must conduct background checks in those states where the applicant resides and has resided. HUD does not prescribe the manner in which PHAs shall obtain this information.
How do you use a Realtor logo?
The REALTOR® marks can be used on the internet and in marketing. In usernames, members are allowed to use the REALTOR® marks only to indicate membership in NAR by using the marks with a member’s name or with the legal name of a member broker’s real estate business.
Why is it important that a broker display an equal housing opportunity poster in all offices?
The poster declares that the office in which it is displayed promises to adhere to the Fair Housing Act and pledges support for affirmative marketing and advertising programs.
What should you not say at fair housing?
If in doubt: DO NOT USE ethnic references (Black, Caucasian/White, Asian, American Indian, etc.) DO NOT USE nationalities (Chinese, African, German, Italian, etc.) DO NOT USE religious references (near temple, mosque, church, Christian, Muslim, Catholic, etc.)