Which of the following would qualify as a residential transaction in Florida?

• A. Agriculture property of 12 acres
• B. Unimproved property intended for 5 residential units
• C. Improved residential property of 6 units
• D. Agriculture property of 10 acres or less

Answer: (D)

In Florida, whether a real estate transaction is treated as residential for licensing purposes depends on both how the land is used and the size of the parcel. The idea is that dwelling-related transactions fall into the residential category, but there are practical limits to keep that category defined.

A parcel that is agricultural land and is 10 acres or less fits within those limits. This means it can be considered a residential transaction when the land is intended for residential development or use, as long as it does not exceed that size threshold.

The other options push beyond the residential scope: a 12-acre agricultural property exceeds the size limit; an unimproved lot intended for five residential units goes beyond the common unit-count threshold for residential transactions; and an improved property with six residential units also surpasses that unit limit. These exceed the criteria that keep a transaction classified as residential.

So, the choice involving agricultural land up to 10 acres aligns with the defined residential transaction boundary.