Florida Real Estate Practice Exam

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What are tract homes?

  1. Custom-built homes for specific buyers

  2. Homes rented on a long-term basis

  3. Residential construction featuring model homes for buyers to choose from

  4. Homes built exclusively for commercial use

The correct answer is: Residential construction featuring model homes for buyers to choose from

Tract homes are often found in suburban areas and are characterized by having a standardized design, with each house being essentially identical to the next. They are usually built by a single developer and are intended for individual purchase. This type of residential construction allows for cost efficiency and faster completion times, but the downside is that the homes lack uniqueness or customization for buyers. Options A, B, and D are not correct as tract homes are not custom-built or exclusively for commercial use, and they are not rented on a long-term basis.

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