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The civil fine is not considered to be a criminal punishment, because it is primarily sought in order to compensate the state for harm done to it, rather than to punish the wrongful conduct. As such, a civil penalty, in itself, will not carry a punishment of imprisonment or other legal penalties. [1] [better source needed]
In another case, homeowners Carl and Mary Shelden sold their house to a man who was later convicted of fraud, but because of the real estate transaction, the Sheldens got caught up in a 10-year legal battle that left them "virtually bankrupt"; after years, they finally got back their house but it was in badly damaged condition; the Sheldens had ...
It thereby allowed black American legal claims to rescind the usurious land contracts (featuring over-priced houses and higher-than-market mortgage interest rates), as a discriminatory real estate business practice illegal under the Civil Rights Act of 1866, thus greatly reducing the profitability of blockbusting. Nevertheless, these regulatory ...
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
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(The Center Square) – Civil fines on individuals intentionally spreading election misinformation would be imposed if proposed legislation in Michigan becomes law. It is the latest effort by ...
The FHA believed allowing Black Americans to live in white neighborhood would decrease the property value. This justification, however, was disproven as Black Americans were willing to pay higher prices to live in those neighborhoods. [7] The FHA was also responsible for denying mortgage insurance to Black neighborhoods, a practice known as ...
Getty Images/Twenty47Studio Back when mortgage rates and home prices were more reasonable and manageable, homeowners invested in fixer-upper properties and made them their own. Now these types of ...