Fair Housing
The Jones v. Alfred H. Mayer Co. (1968) Supreme Court ruling held that:
AThe Fair Housing Act applies to all residential properties
BThe Civil Rights Act of 1866 prohibits all racial discrimination in property sales and rentals with no exceptions✓ Correct
CFamilial status is a protected class
DSex discrimination in housing is unconstitutional
Explanation
In Jones v. Alfred H.
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Key Terms to Know
Fair Housing Act
Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
Gross Rent Multiplier (GRM)A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
Comparable Sales (Comps)Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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