What does the Civil Rights Act of 1866 address regarding property rights?

The Civil Rights Act of 1866 fundamentally aimed to ensure that all individuals, regardless of their race or color, had the equal right to inherit, purchase, lease, and sell property. This legislation was a significant step toward advancing civil rights in the United States, as it directly addressed the discrimination that was prevalent at the time, especially in the context of property ownership and housing.

By affirming these rights, the Act sought to dismantle barriers that prevented individuals, particularly newly freed African Americans, from accessing property ownership and enjoying the full benefits of citizenship. The provision was intended to promote equality and provide a legal basis for individuals to challenge discriminatory practices.

The other options do not capture the essence of the Civil Rights Act of 1866. While regulations on property taxes, the rights of foreign citizens, and commercial property development are important aspects of property management and law, they fall outside the primary focus of this 1866 Act, which was explicitly about combatting racial discrimination in property rights.