HOPA meaning in Real Estate ?

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What is Housing for Older Persons Act mean?

The Housing for Older Persons Act of 1995 (HOPA) (Pub.L. 104–76 (text) (pdf), 109 Stat. 787, enacted December 28, 1995) amends Title VIII of the Civil Rights Act of 1968 (Fair Housing Act). The consolidated Act is administered by the U.S. Department of Housing and Urban Development (HUD). The law was signed by President of the United States Bill Clinton on December 28, 1995.

HOPA amends the Fair Housing Act as follows:

eliminates the requirement that qualified housing for persons age 55 or older have "significant facilities and services" designed for the elderlyprovides "good faith reliance" immunity from damages to persons who in good faith believe and rely on a written statement that a property qualifies for the 55 or older exemption, unaware that the property is ineligible for the exemption. reference

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Posted on 01 Oct 2024, this text provides information on Miscellaneous in Real Estate related to Real Estate. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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