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Florida Real Estate Exam

Category - Florida

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A developer can use the Improvement Act of 1911 as amended to raise funds for all of the following purposes, EXCEPT:

To purchase land for subdivision
To provide for drainage
To construct sewers
To develop off-site improvements

Explanation

Answer A - Funds obtained through the Improvement Act of 1911 must be used to improve the property, including off-site improvements such as streets, sewers, etc., but not to purchase land.

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