Fair Housing
Vermont's 'familial status exemption' for housing for older persons (HOPA) requires that a community meet which standards?
AAt least 50% of units occupied by persons 55+, significant facilities/services for older persons, and publication of intent✓ Correct
B100% of occupants must be over age 65
CGovernment ownership of the property
DHUD certification required for all units
Explanation
To qualify as housing for older persons under HOPA (55+ community), at least 80% of the occupied units must be occupied by at least one person 55 or older, the housing must publish and follow policies demonstrating intent to be 55+ housing, and the operator must maintain age verification procedures.
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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.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
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.
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