Fair Housing
The Age Discrimination Act at the federal level in real estate covers:
AAny housing provider who refuses to rent to seniors
B55+ communities and 62+ communities that meet HUD's exemption criteria for senior housing✓ Correct
CAll housing providers who prefer younger tenants
DFederal programs providing housing assistance to elderly Americans
Explanation
The Fair Housing Act includes a 'senior housing exemption' for 55+ communities (at least 80% of units occupied by persons 55 or older) and 62+ communities (all occupants must be 62 or older) that meet HUD criteria. These communities may lawfully exclude families with children.
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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.
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.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
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.
State-Specific Concepts
DRE Regulation
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