Under the Illinois Human Rights Act, which of the following properties is NOT eligible for any exemption from the Act's fair housing provisions?
Correct Answer
D) A six-unit apartment building managed by a third-party property management company
Under the Illinois Human Rights Act (775 ILCS 5/3-106), the owner-occupancy exemption applies only to owner-occupied residential buildings containing four or fewer units. A six-unit apartment building exceeds this threshold and therefore does not qualify for any exemption — regardless of whether it is managed by the owner or a third-party company. All provisions of the Illinois Human Rights Act's housing article apply in full to this property.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
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