New Jersey Real Estate Practice Exam Practice Question
Which of the following best describes the Housing for Older Persons Act?
Correct Answer: B
Rationale: Option B accurately captures a key provision of the Housing for Older Persons Act (HOPA), which mandates that at least 80% of occupied units in designated housing must have at least one resident aged 55 or older. This requirement ensures that communities cater specifically to older adults.
Option A is incorrect; while HOPA does allow certain exemptions, it does not specifically address exemptions for grandparents with grandchildren. Option C, while relevant to senior housing, does not align with HOPA's primary focus on age demographics. Option D misrepresents HOPA, as it does not specifically allow for monetary damages related to misconceptions about housing exemptions.
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