In terms of transaction types, which is least likely to use the Florida REALTORS/Florida Bar Residential Contract for Sale and Purchase?

The Florida REALTORS/Florida Bar Residential Contract for Sale and Purchase is specifically designed for residential transactions, which includes the purchase and sale of residential properties and related transactions. This standardized contract outlines the terms, conditions, and contingencies that apply to residential real estate deals.

When considering the options, a commercial lease stands out as the least likely to use this residential contract. Commercial leases typically involve different terms, legal considerations, and types of property that are not adequately addressed in a residential contract. For example, commercial leases may include elements like business operations, tenant build-out responsibilities, and zoning regulations that are irrelevant or insufficiently covered in a residential context.

Conversely, residential sales, investment property sales, and vacant land sales are types of transactions that would more naturally fall under the umbrella of this specific contract, since they pertain to residential properties or their intended use. These types of sales typically address issues relevant to residential buyers and sellers, such as financing terms, inspections, and disclosures that are tailored to the residential market. Hence, the commercial lease is the outlier and the least likely to utilize the residential contract.