Prepare for the California Real Estate Exam. Study with flashcards and multiple-choice questions, each question includes hints and explanations. Get ready to ace your exam!

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A land project consists of:

  1. 50 or more parcels and less than 1,500 voters within two miles of the subdivision

  2. 50 or more parcels and less than 15,000 voters within two miles of the subdivision

  3. 100 or more parcels and less than 1,500 voters within two miles of the subdivision

  4. None of the above

The correct answer is: 50 or more parcels and less than 1,500 voters within two miles of the subdivision

The correct choice highlights the specific criteria set forth by California law regarding the definition of a land project. In this context, a land project is generally characterized by having 50 or more parcels, which indicates a significant scale of development or subdivision. Moreover, the stipulation regarding the number of voters within two miles of the subdivision underscores the impact and relevance of the project on the surrounding community. By indicating "less than 1,500 voters," the definition ensures that the project is assessed within a reasonably populated area, keeping in mind the potential political and social implications of a large development project. The other options fail to align with this definition due to discrepancies in the number of parcels or the maximum number of voters allowed, which do not correspond with California’s legal requirements. This distinction is crucial for developers and real estate professionals to understand, as it influences how land projects need to be planned and regulated.