A Colorado apartment complex advertises '55+ Community' and restricts residents to those aged 55 and over. Under the Housing for Older Persons Act (HOPA), this is:
Why B. Legal if at least 80% of the units are occupied by at least one person 55 or older and the complex follows required procedures Is Correct
Answer B: B. Legal if at least 80% of the units are occupied by at least one person 55 or older and the complex follows required procedures
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.
Key Fair Housing Terms in This Question
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Key Terms to Know
Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
SteeringAn 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.
RedliningAn illegal practice where lenders or insurers deny services or charge higher rates in certain neighborhoods based on the racial or ethnic composition of those areas.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
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