An Indiana broker receives a listing for a condominium complex that advertises itself as a 55-and-older community. A prospective buyer with two teenage children inquires about purchasing a unit. The broker tells the buyer the community does not accept families with minor children. Which statement best describes this situation?
Correct Answer
A) This is permissible if the community qualifies as housing for older persons under the Housing for Older Persons Act.
The Housing for Older Persons Act (HOPA) of 1995 created a specific exemption to familial status protections for qualifying senior housing communities. A 55-and-older community qualifies if: at least 80% of occupied units have at least one person 55 or older, the community publishes and follows policies demonstrating intent to be 55+ housing, and the community complies with HUD age verification procedures. If these conditions are met, restricting families with minor children is lawful.
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Related Topics & Key Terms
Key Terms:
Related Concepts
FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.
A group boycott is an illegal antitrust practice in which two or more competing real estate businesses agree to refuse to work with a specific person, company, or entity in order to harm that party's ability to compete.
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