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Tx Fair Housing DtpaFederal_and_texas_fair_housingMEDIUM

A Texas homeowner who owns three single-family homes sells one of them without using a real estate license holder or discriminatory advertising. The homeowner has not sold any other property in the past 24 months. Under the federal Fair Housing Act, is this sale exempt from fair housing requirements?

Correct Answer

A) Yes, provided the owner does not own more than three single-family homes at one time and has not sold more than one within the past 24 months

Under 42 U.S.C. §3603(b)(1), the owner of a single-family home may be exempt from the Fair Housing Act if: (1) the owner does not own more than three such homes at one time, (2) no more than one sale within 24 months if the owner is not the most recent occupant, (3) no discriminatory advertising is used, and (4) no broker or agent is involved. This owner meets all criteria.

Answer Options
A
Yes, provided the owner does not own more than three single-family homes at one time and has not sold more than one within the past 24 months
B
Yes, because the owner-occupied exemption applies to all single-family homes sold by owners
C
No, because the exemption only applies to owner-occupied properties, and this home is not owner-occupied
D
No, because Texas law does not recognize the single-family home exemption

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Related Topics & Key Terms

Key Terms:

fair_housingowner_exemptionsingle_familyexemption_limits

Related Concepts

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

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