What New Fair Housing Act Guidelines Could Mean for You
Zen Rent Property Management - Saturday, October 15, 2016
In recent months there have been policy changes at the U.S. Department of Housing and Urban Development (HUD) that effect all landlords. East Valley Property Management, LLC has been aware of and tracking these changes. If you own a rental property and are managing it yourself; now may be the best time a hire a professional property management company to avoid potential legal pitfalls.
"Since this spring the U.S. Department of Housing and Urban Development has issued several new guidelines and rulings to the Fair Housing Act, a law passed in 1968 that prohibits housing discrimination based on race, color, national origin, religion, sex, disability or family status.
These new guidelines clarify certain actions or policies by landlords, property managers, real estate agents or lenders that could be classified as discrimination against those protected under the act. HUD has the ability to charge violators or have the U.S. Department of Justice take on a case on behalf of the complainant. Those who violate the law could be required to pay damages to the complainant, as well as pay civil penalties and punitive damages." Read more...