What is defined as a subdivision that includes both residential and nonresidential real estate?

Prepare for the Georgia Real Estate Pre-Licensing Test with comprehensive flashcards and multiple choice questions, complete with hints and explanations. Set yourself up for success!

The term that accurately describes a subdivision that incorporates both residential and nonresidential real estate is mixed-use development. This type of development combines different types of uses—typically residential, commercial, and sometimes industrial—in one integrated project or area. It allows for a more vibrant community where people can live, work, and play in a single location, promoting convenience and reducing the need for extensive travel.

Planned unit development refers to a specific zoning approach that permits a diverse mix of land uses within a specific area but does not necessarily emphasize the combination of residential and nonresidential directly in the same context as mixed-use does. While it can include a mix of different types of housing and amenities, it does not inherently require the inclusion of nonresidential components in the way mixed-use development does.

Understanding these definitions helps in recognizing how urban planning can leverage mixed-use developments to foster community and economic growth.

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