What does "fair housing" law in real estate refer to?

"Fair housing" law in real estate specifically refers to laws that prohibit discrimination based on various factors such as race, color, religion, sex, national origin, familial status, and disability. The primary goal of these laws, particularly the Fair Housing Act, is to ensure that all individuals have the right to access housing without facing prejudice or discrimination. By enforcing these laws, it is mandated that real estate practices promote equality and inclusivity, allowing everyone to participate in the housing market regardless of their background.

The other options do not capture the essence of fair housing. While encouraging home ownership is a positive objective, it does not inherently address the discrimination issues that fair housing laws seek to eliminate. Regulating property purchasing procedures focuses more on the transactional aspects of real estate rather than the equity and fairness required in housing access. Setting prices for rental properties relates to economic regulations and market activities, which do not align with the fundamental intent of fair housing provisions. Thus, the correct answer emphasizes the crucial aspect of non-discrimination as the cornerstone of fair housing law.