Fair Housing
Under the Fair Housing Act, which of the following is an example of a 'reasonable accommodation' that a landlord must provide to a disabled tenant?
AInstalling an elevator in a two-story building at the landlord's expense
BAllowing a disabled tenant to have a service animal in a no-pets building✓ Correct
CProviding a larger apartment at the same rent for a wheelchair user
DWaiving all rent for a disabled tenant on fixed income
Explanation
A reasonable accommodation is a change in rules, policies, practices, or services to give a disabled person equal opportunity to use and enjoy a dwelling. Allowing a service or assistance animal in a no-pets building is a classic example of a required reasonable accommodation.
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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.
Gross Rent Multiplier (GRM)A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
Net Operating Income (NOI)The annual income generated by an income-producing property after subtracting operating expenses, but before debt service.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
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