Florida Broker Practice Exam

According to the Fair Housing Act, how many times can a seller be exempted from a discriminatory transaction in a 24-month period?

1. One time

2. Two times

3. Three times

4. No exemptions are allowed

The correct answer is: One time

Under the Fair Housing Act, an exemption exists for certain types of discriminatory transactions involving a seller. Specifically, an individual seller may be exempted from the prohibitions against discrimination in the sale or rental of a residential property if they are not a professional housing provider and if they own three or fewer single-family homes. This exemption applies only once within a 24-month period. The reasoning for limiting the exemption to a single transaction in this timeframe is to prevent the misuse of the exemption by individuals who could otherwise exploit it to engage in discriminatory practices repeatedly. By restricting the exemption to one instance, the Fair Housing Act aims to balance the rights of individual sellers with the broader goal of promoting fair housing practices and preventing discrimination in housing.