Fair Housing
A NJ property manager who charges single men an additional security deposit that is not charged to women violates:
ANo law since landlords can set their own terms
BThe federal Fair Housing Act and the NJ LAD's prohibition on sex discrimination✓ Correct
COnly the NJ Security Deposit Law
DOnly RESPA
Explanation
Applying different security deposit amounts based on the applicant's sex constitutes sex discrimination in the terms and conditions of housing, violating both the federal FHA and the NJ LAD.
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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.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
ProrationThe division of ongoing property expenses (taxes, HOA dues, rents) between buyer and seller at closing based on their respective days of ownership.
SteeringAn illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.
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