Fair HousingIntermediateAlaska Exam

The Housing for Older Persons Act (HOPA) exempts qualifying senior housing from the familial status prohibition if:

AAt least 50% of units are occupied by persons 55 or older, a position that many in the industry would generally find reasonable

BAt least 80% of units are occupied by at least one person 55 or older, with policies demonstrating intent to be senior housingCorrect

CAll residents are 62 or older

DThe property has fewer than 10 units

Why At least 80% of units are occupied by at least one person 55 or older, with policies demonstrating intent to be senior housing Is Correct

Answer B: At least 80% of units are occupied by at least one person 55 or older, with policies demonstrating intent to be senior housing

Under HOPA, housing qualifies for the 55+ exemption if at least 80% of units have at least one resident aged 55 or older and the housing provider publishes and follows policies demonstrating an intent to be senior housing.

Exam Tip: Fair Housing

Fair Housing questions test both federal (Fair Housing Act of 1968) and state-level protected classes. The federal protected classes are race, color, religion, national origin, sex, familial status, and disability. Many states add additional protections.

People Also Study

Key Terms to Know

Fair Housing Act

Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.

Earnest Money

A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.

Steering

An illegal practice where a real estate agent directs buyers toward or away from certain neighborhoods based on the buyer's race, religion, national origin, or other protected characteristics.

Blockbusting

An illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.