Florida Real Estate Practice Exam

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What does FAR stand for in city planning?

Fixed Asset Ratio
Floor Area Ratio
Fiscal Appropriation Request
Future Area Rezoning

The correct answer is: Floor Area Ratio

FAR stands for Floor Area Ratio in city planning. It is a measure used to determine the maximum amount of floor space that can be built on a certain plot of land. A Fixed Asset Ratio is incorrect because it is a financial ratio used to assess the efficiency of a company's use of assets. This term is unrelated to city planning. C: Fiscal Appropriation Request is incorrect because it is a formal request made to a government agency for funds to support a particular project or program. This term is not specific to city planning and would not be used in that context. D: Future Area Rezoning is incorrect because it refers to a process of changing the designated land use for a particular area, rather than a specific measurement used in city planning. This term is also unrelated to FAR.