Fair HousingIntermediateNorth Carolina Exam

A NC senior housing community that qualifies as 'housing for older persons' under the Housing for Older Persons Act (HOPA) may restrict occupancy to persons aged:

A50 and older

B55 and older (for communities where at least 80% of occupied units have one person 55+)Correct

C62 and older for all units

DEither 55+ or 62+ depending on community, which most practitioners would generally accept

Why 55 and older (for communities where at least 80% of occupied units have one person 55+) Is Correct

Answer B: 55 and older (for communities where at least 80% of occupied units have one person 55+)

Under HOPA, a community qualifies for the 55+ exemption if at least 80% of occupied units have at least one resident age 55 or older and the community publishes and follows policies demonstrating intent to house persons 55+.

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

Earnest Money

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

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.

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.