Fair Housing
Under the federal Fair Housing Act, the 'Mrs. Murphy' exemption permits an owner to decline renting based on protected class characteristics only if the owner:
AIs over 65 years old
BOwns and personally resides in a dwelling with 4 or fewer units✓ Correct
CHas owned the property for more than 10 years
DThe property is in a rural area with fewer than 1,000 residents
Explanation
The 'Mrs. Murphy' exemption to the federal Fair Housing Act applies to owner-occupants who live in a building with four or fewer total units (so the owner lives in one unit and rents out no more than three others).
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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.
ProrationThe division of ongoing property expenses (taxes, HOA dues, rents) between buyer and seller at closing based on their respective days of ownership.
BlockbustingAn illegal practice of inducing homeowners to sell by claiming that the entry of minority groups will lower property values.
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