Discriminatory Inducement
Real estate property incentive offered for reasons other than individual merit. A discriminatory inducement is an effort to get an individual to buy or sell, rent, or lease real estate through the unfair use of bias.
Popular Real Estate Terms
Any property, tangible or otherwise, except real estate. For example, furniture or automobiles. ...
In real estate and across the nation, you will see different types of house structures, frames, and aspects. One of those is the A-frame type. This is an architectural style that leans ...
Property tax rate whereby each mill is $1 of tax assessment per $1,000 of assessed property value. For example, a house in Los Alamitos is assessed at $200,000 and the millage rate is 10 ...
A criminal act of falsely representing another individual to gain profit or gain an advantage. ...
That which remains. As applied to real estate, it is the profit derived from rentals after subtracting all operating costs from the gross rental revenue. ...
Lease payments based on factors other than the passage of time. ...
Map that shows the location and boundaries of individual properties. ...
market in which there are comparatively few bids to buy or offers to sell real estate. The term relates to a single investment or to a particular investment market, such as the real estate ...
Initial or senior mortgage on property. It comes before all subsequent mortgages, and the mortgage has precedence in payment if default occurs. ...
Comments for Discriminatory Inducement
Is inducement just money?
Mar 01, 2020 06:55:03Hey Brenda! Inducement is the ability of an individual or an entity to persuade or lead someone to do something. Discriminatory inducement, as a general term, is more specifically targeting one's ability to persuade someone to discriminate against another. In real estate, it can refer to the fact that some real estate transactions are taking place as a result of unfair prejudice. The efforts of one to convince another to buy, sell or lease because of discriminatory reasons is a discriminatory inducement. Money is usually involved but it is not directly connected with the term.
Apr 06, 2020 12:47:04Have a question or comment?
We're here to help.