Legal issues can result in very expensive costs for landlords. By understanding fair housing practices, you can help to avoid issues from arising that can cause a significant amount of stress and hardship. The Fair Housing Act is designed to prevent discrimination toward tenants based on an array of things, such as race, disability, gender, and more. Here are some steps to take to ensure that you are following the best fair housing practices that will help you to avoid issues.
Establish Set Requirements
A written set of requirements can help to protect you from discrimination lawsuits when you reject an applicant. This is necessary so that you can prove that they were rejected based on not meeting your requirements, rather than on any other characteristic. These requirements can include things like income and credit score. Ensure that none of your set requirements can be construed as being discriminatory.
Train your Staff
Ensure that your staff is well-trained concerning the Fair Housing Act. This can prevent them from acting in a way that may result in a discrimination lawsuit. Make this training mandatory for all of your employees.
Familiarize yourself with Laws
It is vital to review and familiarize yourself with fair housing laws. Knowing the laws is the only foolproof way to avoid accidentally breaking one of them. Many states provide training for landlords to ensure that they understand how to implement fair housing practices to their business.
Failing to practice fair housing can result in many legal issues that can be devastating to your business. This can go a long way toward protecting your business from sustaining damage and preventing potential lawsuits from occurring. To learn more about how to add the best fair housing practices to your business, contact us at the Keyrenter in Huntersville today!