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Fair Housing Act
Fair Housing Act A law that prohibits discrimination in all facets of the homebuying process on the basis of race, color, national origin, religion, sex, familial status, or disability.
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Basis
Original cost of property plus value of any improvements put on by the seller minus the depreciation taken by the seller.
Disability
A physical or mental impairment that substantially limits one or more major life activities, such as walking, seeing, learning and working. Disability includes a record of such impairment or the fact of being regarded as having such impairment.
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Fair Credit Billing Act
A federal law that governs credit and charge card billing errors. If a credit or charge card company violates any provision, consumers can sue to recover damages.
Fair Credit Reporting Act
A consumer protection law that regulates the disclosure of consumer credit reports by consumer-credit reporting agencies and establishes procedures for correcting mistakes on one's credit record.
Fair Debt Collection Practices Act
A federal law that prohibits certain methods of debt collection, such as harassment.
Fair Employment and Housing Act
California's Fair Employment and Housing Act (FEHA) (Sections 13100-13196 of the Government Code) prohibits housing discrimination based on marital status as well as race, color, religion, sex, national origin or ancestry.
Fair Housing Amendment Act of 1988
Extends the Civil Rights Act of 1968 to cover handicapped persons and families with children.
Fair market value
The hypothetical price that a willing buyer and seller will agree upon when they are acting freely, carefully, and with complete knowledge of the situation.
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FAD multiple
Share price of a REIT divided by its funds available for distribution
Fair Credit Billing Act
A federal law that governs credit and charge card billing errors. If a credit or charge card company violates any provision, consumers can sue to recover damages.
Fair Credit Reporting Act
A consumer protection law that regulates the disclosure of consumer credit reports by consumer-credit reporting agencies and establishes procedures for correcting mistakes on one's credit record.
Fair Debt Collection Practices Act
A federal law that prohibits certain methods of debt collection, such as harassment.
Fair Employment and Housing Act
California's Fair Employment and Housing Act (FEHA) (Sections 13100-13196 of the Government Code) prohibits housing discrimination based on marital status as well as race, color, religion, sex, national origin or ancestry.
Fair Housing Act
Fair Housing Amendment Act of 1988
Extends the Civil Rights Act of 1968 to cover handicapped persons and families with children.
Fair market value
The hypothetical price that a willing buyer and seller will agree upon when they are acting freely, carefully, and with complete knowledge of the situation.
Familial status
Familial status is defined as one or more individuals who have not obtained the age of eighteen (18) years, being domiciled with a parent or other person having custody, or anyone who is pregnant.
Fannie Mae
Federal National Mortgage Association (FNMA)
Fannie Mae's Community Home Buyer's Program
An income-based community lending model, under which mortgage insurers and Fannie Mae offer flexible underwriting guidelines to increase a low- or moderate-income family's buying power and to decrease the total amount of cash needed to purchase a home.
This dictionary contains 6433 terms. |
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