Small and medium size enterprises (SME’s) are always looking for ways to empower themselves with the knowledge that will help them maintain ongoing compliance while scaling their organizations up or expanding their business internationally. When it comes to the fair housing act poster requirement, this means understanding the overlapping laws and regulations that apply to both foreign and domestic business operations and operating accordingly.

The fair housing act poster requirement applies to businesses that operate in commercial real estate and leasing, and is similar to the employer poster requirements set out in the National Labor Relations Act (NLRA) for all small and medium sized manufacturing operations. Just as with national manufacturing compliance, failure to adhere to this regulation will result in fines, but for commercial real estate and leasing SLA, this also means a loss of potential business as domestic and international consumers specifically look for compliance mandated labor law posters before doing business with a company.

As an SME that is currently operating a commercial real estate development or leasing company, or one that is planning to expand into foreign markets as part of their growth strategy, it is essential to answer the following questions about labor law poster compliance:

• Is there any type of certification required to indicate compliance and gain inclusion in the appropriate compliance registries?
• Are there any penalties for non-compliance with this regulation?
• Has a “failure to comply” fine already been levied against an SME company previously and if so, were the fines appealed or was the failure corrected?
• Were there any associated administrative costs connected with the aforementioned inability to gain appropriate compliance?
• Was there any impact on company revenues or the ability to generate new investments?

Once you have answers to these questions, it will be easier for your organization to decide if you want to:

The fair housing act poster requirement is one that must be taken seriously since this will correlate directly to the profitability of your organization if you are involved in commercial real estate development or leasing. Without an adherence to the fair housing act poster requirement, it is impossible to truly expand and grow your international reach as a manufacturing or production company without proving your ability to legally lease space, produce certain products, and claim investment properties.

For more information on compliance regulations, you can visit HUD’s Fair Housing page.