Concepts Definitions

• Real Estate Commissioner: The chief officer of the California Department of Real Estate (DRE) responsible for enforcing real estate laws and ensuring the protection of the public.
• Color-Blind Industry: In the context of fair housing, this policy emphasizes that real estate professionals should act without prejudice, treating all individuals equally regardless of their racial or ethnic background.
• Fair Housing Laws: A body of federal and state laws (e.g., Fair Housing Act, Unruh Civil Rights Act, Rumford Act) that prohibit discrimination in the sale, rental, and financing of housing based on protected characteristics like race, color, religion, national origin, gender, disability, or familial status.
• Discrimination: Unequal or unfair treatment of an individual based on their membership in a protected class.
• Material Fact: Information that is significant enough to influence a person’s decision in a transaction. Race, creed, or color are legally not considered material facts in real estate decisions.
• Ethics and Professionalism: Real estate agents are expected to operate with fairness, honesty, integrity, and professionalism towards clients and all third parties involved in a transaction.

Pages: 1 2 3