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California Real Estate Law, specifically Commissioner Regulation 2780, establishes a series of prohibited practices with the purpose of guaranteeing equality and equity in the real estate market. These practices are designed to prevent discrimination and foster a fair transaction environment. Below, we explore some of the most relevant prohibited practices.
1. Discrimination in the Terms, Conditions or Privileges of Sale, Rental or Financing
One of the most fundamental prohibited practices is discrimination in the terms, conditions or privileges of the sale, rental or financing of property. This means that people cannot be treated unequally because of protected characteristics, such as race, color, religion, gender, sexual orientation, disability, and more. Equality in terms and conditions is essential to ensure that all parties have equal opportunities in the property market.
2. Misrepresentation about Property Availability
Another prohibited practice is falsely representing that a property is not available for inspection, sale or rental when, in fact, it is available. This is essential to prevent estate agents or sellers from preventing certain people from accessing certain properties due to protected characteristics. Accurate and honest representation of a property's availability is crucial.
3. Discrimination in Property Acquisition
Discrimination in property acquisition is another important prohibited practice. You are not permitted to solicit real estate sales, rentals, or listings from one person while avoiding doing so with another person within the same area due to differences in a protected characteristic. This ensures that people are not excluded from certain purchasing or rental opportunities due to unfair discrimination.
Conclusion: Compliance with California Real Estate Law
Compliance with the California Real Estate Law and practices prohibited under Commissioner Regulation 2780 are essential in the California real estate industry. These rules and regulations have been established to promote a fair and equitable real estate market for all people, regardless of their protected characteristics. Professionals and parties involved in real estate transactions should be aware of these prohibited practices and work together to ensure compliance and fairness in all transactions.