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Agency Relationships DisclosuresBuyer_agent_dutiesHARD

Karen is a buyer's agent representing Michael in purchasing a co-op in Manhattan. The co-op board requests extensive financial documentation and personal references. Michael asks Karen if the board can legally reject his application based on his source of income being government assistance. Under New York law, how should Karen respond?

Correct Answer

D) The New York Human Rights Law prohibits discrimination based on source of income

New York's Human Rights Law (Executive Law §296) provides broader protection than federal fair housing law and specifically prohibits discrimination based on source of income, including government assistance. This applies to co-op board decisions, even though co-ops involve the sale of shares rather than traditional real estate.

Answer Options
A
Co-op boards can reject applicants for any reason since they are private entities
B
Source of income discrimination is only prohibited in rental housing, not sales
C
Only federal fair housing laws apply to co-op board decisions
D
The New York Human Rights Law prohibits discrimination based on source of income

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Related Topics & Key Terms

Key Terms:

source_of_incomecoop_boardshuman_rights_lawdiscriminationprotected_classes
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