Property Valuation
In real estate, a 'floor area ratio' (FAR) is used in zoning to express:
AThe minimum floor area required for a residential unit
BThe ratio of a building's total floor area to the area of the lot it occupies✓ Correct
CThe ratio of residential to commercial space in a mixed-use building
DThe percentage of the lot that may be covered by impervious surface
Explanation
Floor Area Ratio (FAR) is the ratio of a building's total floor area to the area of the lot. A FAR of 2.
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