What is the owner-occupied 1–4 unit exemption?

• A. The owner may rent or sell in any structure with up to four units regardless of occupancy.
• B. The owner may rent or sell in a structure with up to four units if the owner lives in one unit and the housing is not advertised in a discriminatory way.
• C. Only applies to three-family buildings.
• D. Requires all tenants to be unrelated.

Answer: (B)