What is the primary objective of the Fair Housing Act?

Study for the New York Real Estate Institute (NYREI) Exam. Get ahead with flashcards and multiple choice questions, each accompanied by hints and explanations. Equip yourself with the knowledge to pass your exam confidently!

The primary objective of the Fair Housing Act is to eliminate discrimination in housing. This landmark legislation was enacted in 1968 as part of the Civil Rights Movement and is designed to prevent discrimination based on race, color, national origin, religion, sex, familial status, and disability when it comes to the sale, rental, and financing of housing.

The Act aims to ensure that all individuals have equal access to housing opportunities, promoting fairness and equity in the housing market. By addressing discrimination practices, the law fosters a more inclusive environment that allows people from diverse backgrounds to secure housing without facing barriers due to prejudiced attitudes or policies.

In contrast to the other options, the Fair Housing Act does not involve regulating property taxes, promoting housing development directly, or overseeing real estate licenses. Its focus is specifically on maintaining and enforcing fair housing practices across all residential real estate transactions.

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