Blockbusting in real estate relates primarily to which law?

Blockbusting in real estate relates primarily to which law?

• A. The Fair Housing Act (FH ACT)
• B. The Real Estate Settlement Procedures Act (RESPA)
• C. The Truth in Lending Act (TILA)
• D. The Fair Credit Reporting Act (FCRA)

Answer: (A)

Blockbusting in real estate primarily relates to the Fair Housing Act. This law was established to prevent discrimination in housing practices and to promote equal opportunity in housing. Blockbusting involves inducing homeowners to sell their properties by suggesting that a change in the racial or ethnic composition of the neighborhood will lead to a decline in property values. This practice is a form of discrimination that the Fair Housing Act aims to eliminate by making it illegal to discriminate based on race, color, religion, sex, national origin, familial status, or disability. The purpose of the Fair Housing Act is to promote fair treatment for all individuals in housing-related transactions and to safeguard against practices that exploit fears or prejudices of homeowners and potential buyers. By addressing issues like blockbusting, the Act helps to ensure that all individuals, regardless of their background, have the right to buy, sell, or rent property without facing discrimination.

Blockbusting in real estate primarily relates to the Fair Housing Act. This law was established to prevent discrimination in housing practices and to promote equal opportunity in housing. Blockbusting involves inducing homeowners to sell their properties by suggesting that a change in the racial or ethnic composition of the neighborhood will lead to a decline in property values. This practice is a form of discrimination that the Fair Housing Act aims to eliminate by making it illegal to discriminate based on race, color, religion, sex, national origin, familial status, or disability.

The purpose of the Fair Housing Act is to promote fair treatment for all individuals in housing-related transactions and to safeguard against practices that exploit fears or prejudices of homeowners and potential buyers. By addressing issues like blockbusting, the Act helps to ensure that all individuals, regardless of their background, have the right to buy, sell, or rent property without facing discrimination.