Final answer:
The Fair Housing Act of 1968 is the law that prohibits discrimination in real estate transactions based on race with no exceptions, banning practices like redlining and other discriminatory acts in housing.
Step-by-step explanation:
The law that prohibits discrimination in a real estate transaction based on race, with no exceptions, is the Fair Housing Act of 1968, also known as the Civil Rights Act of 1968. This vital legislation banned discrimination in the sale, rental, and financing of housing, ensuring equal access to housing regardless of race, color, national origin, religion, sex, familial status, or disability. Despite the passage of this Act, historical practices such as redlining, restrictive covenants, and mortgage discrimination have had long-lasting impacts on housing segregation, contributing to the inequalities we still see today in many neighborhoods.
Title VII of the Civil Rights Act also plays a crucial role in prohibiting employment discrimination based on race, gender, national origin, religion, or sexual orientation.