Fair Housing
Which of the following housing is EXEMPT from the Fair Housing Act's familial status provisions?
AAny property managed by a licensed real estate agent
B55+ housing communities meeting HUD's requirements✓ Correct
CAny residential rental with fewer than 10 units
DAll owner-occupied duplexes
Explanation
55+ housing communities that meet HUD's requirements (at least 80% of units occupied by someone 55 or older, plus age verification procedures) are exempt from the familial status provisions of the Fair Housing Act.
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Key Terms to Know
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.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
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