Fair Housing
A Washington senior housing community wants to restrict occupancy to persons 55 and older. To qualify for the 55+ housing exemption from the familial status provisions of the Fair Housing Act, the community must:
AHave 100% of units occupied by persons 62 or older
BHave at least 80% of occupied units with at least one resident 55 or older, publish policies demonstrating housing for older persons, and conduct age verification✓ Correct
CSimply post a sign stating '55+ community'
DObtain a special permit from HUD
Explanation
To qualify for the 55+ housing exemption under HOPA (Housing for Older Persons Act), the community must: (1) have at least 80% of occupied units with one resident age 55 or older, (2) publish and follow policies demonstrating intent to provide housing for older persons, and (3) 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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