Florida Real Estate Practice Exam

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What distinguishes custom homes?

  1. Built without a specific buyer in mind

  2. Built by a custom builder under contract with a buyer

  3. Built exclusively for rental purposes

  4. Pre-fabricated homes

The correct answer is: Built by a custom builder under contract with a buyer

Custom homes are distinguishable because they are specifically built with a buyer's preferences and needs in mind. Option A, built without a specific buyer in mind, would actually classify as a spec home. Option C, built exclusively for rental purposes, would classify as a rental property. Option D, pre-fabricated homes, are not customizable and are mass-produced. Only option B, built by a custom builder under contract with a buyer, accurately describes the specific nature of custom homes.

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