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Mock Exam_Module

Jul 08, 2018

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    MODULE 1

     An owner in fee simple means he/she

    It is the power of the state to take private property for the purpose of public use, provided there is payment of just

    compensation

    When a person speaks of the principle that "all lands of the public domain belongs to the State", this is referred to as

    For one to have a property relation to complete separation of property, the future spouse must execute this documentbefore marriage

    Maria inherited a piece of land in 1985 but she got married in 1987 without any prenuptial agreement. The said property isconsidered as

    The government may dispose or alienate lands of public domain provided the classification is

    The law that governs the property relations of two people who plan to get marries in 2013 is referred to as

    Ownership of real estate in the Philippines is primarily governed by

    1987 Philippines Constitution

    Paraphernal property

    conjugal property

    capital property

    community of property

    It is a parcel of land owned by the city is no longer intended for public use. It is referred to as

    For a land to be classified as an urban area under BP 185, it means

    If ABC Corporation decides to lease lands of the public domain, the lease can only be for a period of

    50 years only

    200 square meters

     Any Filipino citizen may apply for a free patent title under RA 10023 and in case of first and second class municipalities.

    The same should not exceed

    25 years renewable for another 25 years

    Up to 99 years

    Bi/B2 Visa - Business and tourist visa

    Special Non-immigrant Visa

    Temporary Retiree's visa

     An area where there are malls and shopping centers

     A municipality with a population density of 1,000 persons per square kilometer 

    Private idle lands

    Special Residents retiree's visa

    Property Code of the Philippines

    1935 Philippine Constitution

    The New Civil Code

    Special laws enacted by Congress

    Poblacion with a population density of 800 persons per square kilometer 

     An area with a complete mass transport system

    Up to 50 years renewable for another 25 years

    Under the Philippines Retirement Authority, a foreigner may reside in the Philippines and will be given a visa referred to as

    The law on family and property

    Residential

    Forested land

     Agriculture

    Judicial separation of property

    Extra judicial separation of property

    Patrimonial property

    Public domain

    Public reserved property

    has bought the property

    has a certificate of title

    has the right to sell the property

    has the bundle of rights

    Escheat

    Police power 

    Expropriation

    Eminent domain

    real estate ownership doctrine

    land ownership doctrine

    state ownership doctrine

    regalian doctrine

    Industrial

     Affidvait of waiver of property

    Pre-nuptial agreement

    Family code of the Philippines

    New Civil Code

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    b

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    14

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    b

    c

    d

    15

    a

    b

    c

    d

    16

    a

    b

    c

    d17

    a

    b

    c

    d

    18

    a

    b

    c

    d

    19

    a

    b

    c

    d

    20

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    b

    c

    d

    21

    ab

    c

    d

    22

    a

    b

    c

    d

    One-half share

    One-Third share

    Equal share

    One-Fourth share

    Testate succession

    Certificate of Registration AIPO Receipt

    Surety Bond

    Professional Identification Card

    The practitioner must display the following in their place of business as provided in the Code of Ethics

    The share of an illegitimate child in their father's estate is equivalent to the share of legitimate child, which is

    Involuntary grant

    Foreclosure grant

    Hederitary succession

    Testamentary succession

    Intestate succession

    When a person inherits real estate from a deceased who died with a will but which was declared void would be aninheritance through

    The child is not over 7 years of age

    The father executes an affidavit of acknowledgement

    The mother agrees

    Public grant

     As a real estate broker, one is not required to indicate the professional license number in this document

     Advertisement

    Letterhead

    Deed of Absolute sale

    Calling cards

    Private grant

    Land acquired thru public auction due to non-payment of delinquent real estate taxes is a grant referred to as

    Foreign Investment Act of 1991

    Foreign Trust Investment Act

    The father and mother eventually marries

     An illegitimate minor child may used the surname of the father who is married to another provided

    Voidable

    Valid

    Void

    No effect

    750 square meters

    1000 square meters

    500 square meters

     A child born out of wedlock from minor parents, but who eventually got married, will now be classified as

    Illegitimate

    Legitimate

     Acknowledged Natural child

    Spurious child

     A sale of a parcel of land, bought by a foreigner who was not allowed to own land, sold eventually to a Filipino citizen isconsidered

     A former natural born Filipino may acquire land in a rural area not exceeding 3 hectares for business purpose under 

    Batas Pambansa Blg 185

    Foreign Investors Act

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    23 When soil is deposited through the gradual deposit by the flowing of a river in the property along the river, the deposited soil is called

    a

    b

    c

    d

    24

    a

    b

    c

    d

    25

    a

    b

    c

    d

    26

    a

    b

    c

    d

    27

    a

    b

    c

    d

    28

    a Broker Juan is able to contact the owner 

    b Come to the attention of broker Juan from a different sourcec

    d

    29

    a

    b

    c

    d

    30

    a

    b

    c

    d

    31

    a

    b

    c

    d

    32

    a

    b

    c

    d33

    a

    b

    c 4 years

    d

    34

    a

    b

    c

    d

    35

    ab

    c

     of

    The real estate broker should not solicit a listing which is currently listed exclusively with another broker unless the listingagreement has expired and

    Real estate broker Juan accepted a listing from another broker Pedro. The agency of Broker Pedro who offered thelisting should be respectd until it has expired and

    Considered unethical for a real estate broker, to obtain professional fee from both seller and buyer unless

     

    river 

     As provided under PD 957, a real estate salesperson who sells condominium units for a developer must file a surety orcash bond in the amount of

    In the PRBRES logo, the color blue represents

    December 30

    profesionalismservice

    Ethical practice

    Prescription

    P 5,000.00

    P 280.00 premium

    P 1,000.00

    P 20,000.00

    The incumbent PRBRES Chairman is

    Rafael Fajardo

    Florentino Dino

    Teresita Mansala

    Eduardo G. Ong

    5 years

    3 years

    November 30

    Decemer 31

    June 30

    6 years

    The renewal of the broker's licensed shall be every

    The expiry of the HLURB registration of a real estate broker is every

    The owner dis not know he will get a fee from the buyer 

    the parties were not informed by the broker 

     Alluvium

     Accretion

    Reclamation

    Broker Pedro does not answer his text messages

    Broker Juan solicits the listing from the owner 

    The buyer was informed ahead of time

    The owner and seller knows and both agreed

    put the sign at least 5 meters away

    no longer put his or her sign for sale

    remove the sign before putting his/her sign

    cover the sign of the other broker 

    the broker knows the contact number of the owner 

    the owner offers to list the same to the new broker 

    the broker already met with the owner 

    solicits the same from the owner 

    If the real estate broker already saw another sign for sale of another broker, under the code of ethics, the br

     An act that can be unethical in dealing with a real property being sold by the owner,

     Ascertain all material facts on the property

    Public Welfare's Act

    Stewardship rights

    Refrain from misrepresentation

     Avoid exxageration

    Conceal relevant information

     Avulsion

     Accretion

    River bed

    Steward Concept of Ownership

    Bundle of rights

     Alluvium

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    36

    a

    b

    c

    d

    37

    a Eduardo G. Ongb Teresita Mansala

    c Rafael Fajardo

    d Florentino Doble

    38

    a P 5,000.00

    b P 1,000.00

    c P 20,000.00

    d P 10,000.00

    39

    a

    b

    c

    d

    40

    a

    b

    c

    d

    41

    a

    b

    c

    d

    42

    a

    b

    c

    d

    43

    ab Selling price

    c

    d Zonal Value

    44

    a

    b

    c

    d

    45

    a

    bc

    d

    46

    a

    b Final tax

    c Advance withholding tax

    d Capital gains tax

    47

    a

    b

    c

    d48

    a Sale by owner of the house at P 5,000,000.00

     As provided under PD 957, a real estate broker on who sells condominium units for a developer must file a surety or cashbond in the amount of

    The general classification of property under the Civil Code is movable and

    valor 

    Homestead grant

    He/she buys only up to a maximum of 1,000 square meters

    He/she executs an Affidavit under BP 185

    The following is not consiered a public grant

    10%

    1.50%

    Free Patent issued by the government

    Emancipation Patent

    Sale by City treasurer due to delinquent real estate taxes

     A Filipino who became a Canadian citizen may still buy land in the Philippines for business purposes provided

    The PRC chairperson is

    5%

    3%

    real property

    personal property

    immovable property

    real estate

     APEC Developent Corporation is selling its lot in the amont of P 1,800,000.00 contract price. The sale shall be subject tocreditable withholding tax rate of

    Creditable withholding Tax

    value added tax

    he/she is a former natural born citizen

    He/she will have to permanently reside in the Philippines

    18 years old for both

    21 years for boys and 18 for girls

    21 years for both

    18 years old for boys and 21 years old for girls

     Appraised value

     Assessed value

    Two people decide to get married under the family code of the Philippines, it is now required that their ages should be

     A parcel of land was sold at P 8,000,000.00 but the zonal value based on BIR is P 7,500,000.00 while the assessed value

    by the local assessor is P 5,500,000.00 and It was appraised at P 8,200,000.00. What will be the basis of the capital gainstax ?

    For sale of a property classified as capital asset in the amont of P 3,500,000.00, the tax that will be imposed is

    Capital gains tax

    Percentage tax

    Certificate of payment of capital gains tax

    Certificate authorizing paymentCertificate of tax payments

     After full payment of the capital gains tax, the BIR shall issue to the owner the following document

    Certificate Authorizing Registration

    Prepaid income tax

    Condominium

    Building improvements

    Condominium parking space

     Agricultural land

    The creditable withholding tax for the sale of a lot by a developer is also referred to as

    The following does not have a BIR Zonal value

    The following sale in 2012 shall be subject to value added tax

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    b Sale of residential house by developer at P 3,199,000.00

    c

    d Sale of residential lot of developer at P 1,900,000.00

    49

    a

    b

    c

    d P 180,000.00

    50

    a February 5

    b March 5

    c Feb 10

    d February 4

    51

    a

    b

    cd

    52

    a

    b

    c

    d

    53

    a

    bc

    d

    54

    a

    b

    c

    d

    55

    a

    b

    c

    d

    56

    a

    b

    c

    d

    57

    a

    b

    c

    d

    58a

    b

    c

    d

    59

    a

    b

    c

    d

    60

    ab

    c

    To avail of exemption of capital gains tax on sale of principal residence, one important requirement is

    Mr. Cruz sold his principal residence and he may only awail of this exemption from capital gains tax only once every

     A real estate broker will earn P 1,800,000.00 for 2015 in professional fees. The broker shall be subject to

    If the land is in a residental area but the building is used for commercial purposes, the assessment level classification shall

    be based on

    12% VAT

    10% vat

    3% percentage tax

    5% withholding tax

    General Fund of the province

    National Education Fund

    Education Fund of the municipality

    Local School Board

    Tax Declaration of the property

    Tax Clearance

    Local Government Code of 1991

    Official Receipt of transfer tax

    10 years

    12 years

    36 calendar months

    30 days from date of notarization of sale

    30 days from date of appraisal by the Assessor

    Sale of condominium units at P 3,500,000.00

    The ceiling price for a lot in socialized housing projects is

    P 450,000.00

    P 100,000.00

    P 225,000.00

    P 45,000.00

    P 35,000.00

     A developer sold a condominium unit on Jan 5, had the sale notarized on Jan 7, Up to when should the developer pay thedocumentary stamps tax

    How much will be the surcharge for the late payment of capital gains tax on the sale of a house and lot in the amount of P3,000,000.00

    To avail of exemption on the payment of capital gains tax, for the sale of principal residence, one must inform the BIR of hisintention within how many days

    Mr. Co rented a house which he was also using as his office . What will be the withholding tax on the rent which he has todeduct?

    5 years

    Residential

    commercial

    Mixed residential and commercial

    Predominant use

    P 50,000.00P 75,000.00

    5%

    Title must be registered under the name of natural person

    must have owned the property for at least 10 years

    must own only 1 residence

    The owner must buy another property within 5 years

    60 days from date of notarization of sale

    within 12 months from date of notarization

    7%

    10%3%

    3 years7 years

    5 years

    The special education fund tax collected by the municipality shall be allocated to the

    The assessment level of your property may also be found in the

    The CARPER primarily extends the land distribution program of DAR by

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    d

    61

    a

    b

    c

    d

    62a Jus Soli

    b Jus Sanguinis

    c Jus locandi

    d Dual citizenship

    63

    a It is inherited property of the husband

    b It was bought with exclusive money of the wife

    c It was bought after August 3, 1988

    d It was bought by the couple during their marriage

    64a 10 years

    b 20 years

    c 30 years

    d 25 years

    65

    a Public domain

    b Patrimonial property

    c Public estate

    d National property

    66

    a

    b

    c

    d

    67

    a

    b

    c

    d Real Estate Investment Trust

    68

    a

    b

    c

    d

    69

    a 5%

    b 10%

    c 20%

    d 25%

    70a

    b Economic housing house and lot with a price ceiling of P 1,700,000.00

    c Socialized housing house and lot selling at P 450,000.00

    d Housing project of NGOs selling at P 350,000.00

    71

    a

    b

    c

    d

    72

    ab

    c

     Lot 2 at P 2,100,000.00. What will be the VAT paid by the couple?

    The principle states that the citizenship of a person of a person shall be on the location of birth of a person is called

    The marital consent of the husband is not required in the sale of the following property of a couple who got married in 1986when

    For prescription as a mode of acquiring title, it requires that possession must be adverse, continous, actual and if in bad

    faith, for a period of 

     A vacant land in Cebu that was escheated to the government because the deceased left no will and no heirs will beclassifies as

    P 261,000.00

    10 years

     Absolute Community of Property

    conjugal property

    P 460,000.00

    Exemption

    P 480,000.00

    separation of property

    relative community of property

    Batas Pambansa Blg 185

    foreign investment act of 1991

     A couple married in August 3, 1998 entered into a marriage settlement but was declared void by the court, their property

    relations shall be

     A former natural born Filipini may acquire land in a rural area not exceeding 3 hectares for business purposes under 

    foreign investment lease act

    Five days after auction sale

    Five days after the month of auction sale

    Five days after the month of expiration of redemption period

    Five days after registratin of auction sale

    Parking lot worth P 850,000.00

    PRBRES refers to

    Professional Regulations Board of real estate Practitioners

    Professional Regulatory Board of Real Estate Service

    The following are exempted from VAT payment, except

    In an auction sale of a foreclosed property lot, Mr Beam won and the property was not redeemed. The documentary stamp

    tax must be paid within

     A broker was to pay the taxes on the sale to the BIR but missed the due date due to sickness. How much will be the penaltysurcharge

    Professional Regulations of the Board of Real Estate Services

    Property Regulations of Brokers in the Real Estate Service

    50%40%

    60%

    Cindy Hilton, a British national, wanted to but a piece of land in Bonifacio Global City, and to be able to do so, he will haveto form a corporation with a minimum Filipino ownership of the outstanding capital stock of at least

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    d

    73

    a

    b

    c

    d

    74

    a P 100.00

    b P 200.00

    c P 300.00

    d P 500.00

    75

    a

    b

    c

    d

    76

    a Just citizen

    b Jus parentis

    c Jus Soli

    d Jus sanguinis

    77

    a permanent citizen

    b foreigner married to a Filipino

    c natural born citizen

    d Dual citizen

    78

    a Free patent

    b hereditary succession

    c Inhetianced legitim

    79

    a

    b

    c

    d

    80

    a

    b

    c

    d

    81a Right toharvest of the land

    b Right to receive rent

    c Right to sell the produce from the fruits

    d Right to receive money in exchange for the harvest

    82

    a

    b

    c

    d

    83

    a

    b

    c

    d

    84

    a

    b December 31

    c

    d

    85

    a P 100,000.00

    b P 20,000.00

    c Surety bondd

    86

    25%

    30%

    50%

    25%

    40%

    In case of socialized housing the ceiling for the value of the lot is

    The following are taxable real and other properties except

    Stock Certificates

    House and Lot acquisitions

    parking lot

    Collection of Old coins and Paper Bills in various

    What will be the monthly interest in case the owner fails to pay the basic real estate taxes due in the amount of P 5,000.00

    Property reserved for compulsary heirs of the decedent is referred to as

    It is not required for purpose of becoming a dual citizen under RA 9225

    Execute an Oath of Allegiance

    Petition thorugh the Consular office abroad

    make a renunciation of his foreign citizenship

    Be a former natural born citizen of the Philippines

    Police Power 

    The Philippines applies the principle of citizenship based on the citizenship of the parents. This is also referred to as the

    principle of 

    The following persons may own land in the Philippines for purposes of either residence or business provided the person is

    Zoning regulations

    Right of way Agreement

    Taxation

    "with nice view of Manila Bay"

    "property to appreciate in value within a year"

    "located in a gated subdivision"

    "with wifi connection"

    Which one of the following is considered as a voluntary limitation on one's ownership to land

    The right of the owner of a parcel of land to receive civil fruits means

     A real estate broker uploded an Advertisement of a property in the internet. Which one would be considered unethical

    In a court case, the real estate appraiser was called to testify and under the code of ethics he must testitfy in a manner 

    to protect his interest

    to testify in a truthful manner 

    to protect the interest of his client

    to protect the interest of his client and himself 

    The expiration of the 3-year license of a real estate broker shall be

    Under the RESA Law, the licensed broker found to have violated the law shall be penalized the amount of

    The value indicated in the Tax Declaration is

    on the broker's birthdate

    3 years after date of oath of office at Manila Hotel

    at the start of the calendar year 

    dependent on the penalty incurred by the licensed broker 

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    a Assessed value

    b Zonal Value

    c

    d

    87

    a

    b

    c Office of Vice Mayor  d Office of the Mayor  

    88

    a P 250,000.00

    b P 200,000.00

    c P 180,000.00

    d P 150,000.00

    89

    a

    b

    c

    d

    90a conjugal property

    b community property

    c capital property

    d separate property

    91

    a through hereditary succession

    b

    c

    d all of the above

    92

    a Road widening

    b public use

    c land banking for the government

    d socialized housing

    93

    a

    b

    c

    d

    94

    a

    b

    c

    d

    95

    a

    b

    c

    d

    96

    a

    b

    c

    d

    97

    a

    b

    c

    d

    98

    a

    b

    c

    d

    fair market value

     Appraised value

    Capital Gains and Doc Stamp taxes shall be remiited to BIR while transfer tax shall be with

    Provincial Treasurer's Office

     Assessor's Office

    In case of socialized housing the ceiling value for the lot is

    In the transfer of ownership in real estate transactions, the basic taxes are as follows , except

    Capital gains tax

    Manong German occupied an agricultural land way back in the 1950s under adverse and continuous possession. He mayacquire title to the land if he was in good faith and if he has been in possession for at least

    Documentary stamps tax

    Transfer Tax

    Idle land tax

    Thesole property of the husband is is also called

    through the Land Bank of the Philippines

    returned to the government

    Withholding Tax

    Capital gains tax

     A property acquired by beneficiaries of the agrarian reform program can not be conveyed/sold the same within the 10-yearprescription, except

     A proceeding which the government undertakes in the exercise of its power to take private property must be with payment

    of just compensation and for the purpose of 

    Estate tax

    Donors tax

    valid

    void

    voidable

    no effect

    Legal guardian

    Eldest sibling

    relative to the first degree of consanguinity

    Under the law, the following cannot acquire land of the person under whom the administration of the property is given

     A 300 sqm lot located in Sta Rosa, Laguna was bought by a foreigner who by Philippine laws is not allowed to own a piece of land . The

    same was eventually sold to a Filipino Citizen and this is considered

    The type of tax which needs to be paid once a parent or both parents passes away is

    The evidence of ownership of a 1-bedroom condo unit that a person has is

    In addition to the process of naturalization, a foreigner may also become a Filipino citizen through

    Marriage to a filipino

    residency in the Philippines for 10 years

    born before the1935 Philippine Constitution

     Acts of the Legislature

    real estate property manager 

    50 years

    10 years

    25 years

    20 years

    Original certificate of condo title

    Original certificate of title

    Condominium certificate of ownership

    transfer certificate of title

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    99

    a

    b

    c

    d

    100

    a

    b

    c

    d

    For violations of the RESA and its IRR by a real estate partnership, the following may be made liable for violation

    How much will be the quarterly tax payment for a residential lot valued at P 1,800,000.00 if the tax rate is 2%

    P 3,500.00

    P 2,500.00

    P 4,500.00

    The President

    Director of the company

    The COO

    The partner 

    P 5,000.00

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    1

    a BP 220

    b PD 957

    c RA 7279

    d PD 1216

    2

    a BP 220b PD 957

    c RA 7279

    d RA 6552

    3

    a RA 6552

    b RA 7160

    c RA 7279

    d RA 9400

    4

    a RA 6552

    b RA 7160

    c RA 7279d RA 9400

    5

    a BP 220

    b PD 957

    c RA 7279

    d PD 1216

    6

    a RA 4726

    b PD 957

    c RA 7279

    d PD 1216

    7a RA 6552

    b RA 7160

    c RA 7279

    d RA 9400

    8

    a BP 220

    b PD 957

    c RA 7279

    d PD 1216

    9

    ab

    c

    d

    10

    a

    b

    c

    d

    11

    a mandatory

    b voluntaryc optional

    d

    12

    a

    b

    c

    d

    13

    a Subdivision and Condominium Buyers' Protection Law

    b Condominium and Subdivision Buyers' Protection Decree

    c Condominium and Subdivision Buyers' Protective Decree

    d Subdivision and Condominium Buyers' Protectiive Decree

    14

    a

    30-day grace period for every year of installments paid

    15-day grace period for every year of installments paid

    This is known as the Local Government Code of 1991

    not necessary

    50% of installaments paid30% of installaments paid

    One of the devolved functions of HLURB to the LGU as per RA 7160 is

    30-day grace period for two years of installments paid

    One of the devolved functions of the HLURB to the Local government is

    Issuance of approval of subdivision plans subject to national laws

    Issuance of approval of License to sell subject to national laws

    Issuance of approval of Locational clearance subject to national laws

    Issuance of approval of Zoning Certificates subject to national laws

    Formulation and approval of the comprehensive land use plan of the municipality

    The Subdivision and Condominium Buyers' Protective Decree is

    In the Realty Installment law, the buyer on installment payment scheme and who fails to pay succeeding payments after2 years is entitled to a refund equivalent to

    In the Realty Installment law, the buyer on installment payment scheme and who fails to pay succeeding payments after2 years is given how many grace periods to pay dues without penalty

    The Realty Installment Act popularly known as the Maceda Law is

    Refers to the law regulating the registration of Homeowners Association

    Refers to as the Urban and Housing Development Act (UDHA)

    The Condominium Act is

    This is the law that regulates the open space requirements of subdivision projects under PD 957

    The law that defines the standards of Economic and socialized housing similar to PD 957

    The registration of Homeowners Association with HLURB is

    PD 957 is

    25% of installaments paid

    90% of installaments paid

    45-day grace period for every year of installments paid

    Module 2

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    b

    c

    d

    15

    a

    b

    c 10% of the main project

    d

    16

    a

    b

    c 35%

    d 40%

    17

    a

    b

    c

    d

    e

    18

    a

    b

    c

    d

    19

    a

    b

    c

    d

    20

    a

    b

    c

    d

    21

    a

    b

    c

    d

    22

    a

    b

    c

    d

    23

    a

    b

    c

    d

    24

    ab

    c

    d

    25

    a

    b

    c

    d

    26

    a

    b

    c

    20% of the main project

    RA 7279 requires the subdivision and condominium developers to develop a socialized housing component equivalent to

    Issuance of approval of Zoning Certificates subject to national laws

    The Homeowners' Association must be registered with this government agency

     A subdivision plan which has streets, passageways, or open spaces refers to

    The open space requirements under PD 957 is

    30% minimum

    The following are attached agencies under the Housing and Urban Development Coordinating Council (HUDCC), except

    The developer who intends to develop a housing project must first obtain /Development permit from

    30% maximum

    Local Government Unit

    HLURB

    NHA

    Issuance of approval of License to sell subject to national laws

    Issuance of approval of Locational clearance subject to national laws

    It refers to a part of the condominium project intended for any type of independent use or ownership including one ormore rooms or spaces located in one or more floors in a building

    It refers to a public way with a width of 2.0 meters intended to break a block and to serve both pedestrian and foremergency purposes only

    Secondary road

    alley

    This refers to the facilities or structures intended to serve common needs and for the benefit of the community, such as

    neighborhood/multipurpose center, drugstore, school, livelihood center 

    HLURB

    HDMF

    SEC

    Condominium Project

    Subdivision Project

    Mixed Use Project

    Industrial estate project

    Subdivision Lot

    Complex Subdivision lot

    Residential Lot

     The refers to the entire parcel of real property divided or to be divided primarily for residential purposes intocondominium units, including all structures.

    Type of Lot which refer to any of the lots, whether residential, commercial, industrial, or recreational, in a subdivision

    Simple Subdivision lot

     Approved Subdivision Plan

    Complex Subdivision Plan

    Simple Subdivision Plan

    Mixed Use Subdivision Plan

    25% of the subdivision/condominium project

    15% of the subdivision/condominium project

    SHFC

    HDMF

    pathwalk

     A parcel of land bounded on the sides by streets occupied by or intended for buildings

    Condominium Project

    Condominium Unit

    Condominium common areas

    Condominium Corporation

    NHA

    Local Government Unit

    HLURB

    NHA

    HDMF

    Main Road

    Club House

    Swimming pool

    Community Facilities

    Block

    Street

    alley

    pathwalk

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    d

    27

    a

    b

    c

    d

    28

    a

    b

    c

    d

    29

    a

    b

    c

    d

    30a

    b

    c

    d

    31

    a

    b

    c

    d

    32

    a

    b

    c

    d

    33

    a

    b

    c

    d

    34

    a

    b

    c

    d

    35

    a

    b

    c

    d

    36

    a

    b

    c

    d

    37

    a

    b

    c

    d

    38

    a

    b

    cd

    39

    Socialized Housing

    Low cost housing

    750 sqm

    500 sqm

    1000 sqm

    1500 sqm

    6 months

    It is referred to as the space encompassed by the interior surface of the floor, ceiling, walls, doors and windows, which issusceptible of independent use and ownership

    P 1,700,000.00

    P 750,000

    P 1,250,000

    P 450,000

    Real estate brokers and real estate salespersons

    Licensed real estate brokers

    Real estate salespersons

    Licensed real estate brokers and accredited real estate salesperson

     A buyer wants to buy two 1- bedroom condominium unit adjacent to each other within a 12 month period subject to VATif the total cost exceeds

    If one wanted to find out what his interest or share is in the common areas. It may be found in the this document whichneeds to be registered with the RD

    45%

    35%

    25%

    20%

    P 3,199,000.00

    P 1,919,000.00

    P 1,500,000.00P 2,000,000.00

     A structure containing niches for the interment of cremated human remains refers to

    The HLURB may issue a temporary license to sell to a condominium developer which will be valid for 

    Juan Dela Cruz bought a farmlot in Rosario, Batangas for his retirement place. The maximum percentage of the

    buildable area of the farmlot is

    60%

    25%

    75%

    40%

    The ownership of foreigners in a residential condominium project is limited to

    Number of buildings and stories per building

    Condominium house rules and regulations

    Extent of share in the common areas

    Equal share

    Based on floor area of their unit

    Based on the value of their unit

    Based on the number of bedrooms per unit

    The following is not part of the Master Deed of a condominium project

     Amenities and facilities per condo building

    It refers to housing programs and projects covering houses and lots and homelots by either the government or privatesector for the underpriviledged and homeless citizens which shall include sites and services

    The following are required to register with HLURB to sell subdivision lots, house and lots or condominium projectsbased on HLRUB Board Resolution 922 Series of 2015

    If one wants to venture into economic housing, the ceiling amount for economic housing consisting of house and lotwhich took effect August 2015, is

    The following is not used as a measure of the interest in the common area by a condo unit owner 

    Economic housing

    Housing Projects

    Function Rooms

    3 months

    9 months

    12 months

    What is the minimum farmlot area of a farmlot subdivision project

    Master Deed

    Condominium Rules and Regulations

    Deed of restrictions

    Tax Declaration of the Condominium unit

    condominium unit

    common areas

    condominium limited common areas

    Condominium interiors

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    a

    b

    c

    d

    40

    a

    bc

    d

    41

    a

    b

    c

    d

    42

    a

    b

    c

    d

    43

    a

    b

    c

    d

    44

    a

    b

    c

    d

    45

    a

    b

    c

    d

    46

    a

    b

    c

    d

    47

    a

    b

    c

    d

    48

    a

    b

    c

    d

    49

    a

    b

    c

    d

    50

    a

    b

    c

    d

    51

    a

    b

    c

    d

    The approval of the following function has already been devolved to the local government unit from the HLURB

    Under the IRR of PD 957, the minimum lot area for single detached open market housing shall be

    Payment of the registration fees for issuance of the title

    300 meters

    400 meters

    500 meters

    750 meters

     Approval of condominium plans

     Approval of subdivision plans

    For single detached corner lot under PD 957, the minimum frontage is

    12 meters

    10 meters

    8 meters

    6 meters

    Condominium CorporationProperty Management CorporationManagement Committee

    Under the IRR of PD 957, the maximum length of a Block in a subdivision is

    80 sqm

    120 sqm

    60 sqm

    50 sqm

    For a rowhouse under PD 957, the minimum frontage is

     Approval of subdivision condominium projects

     Approval of Columbary Project

    3 meters

    3.5. meters

    4 meters

    5 meters

    3 meters

    3.5. meters

    4 meters

    5 meters

    For a rowhouse under BP 220, the minimum frontage for socialized housing is

    Homeowners Association

    It is issued by HLURB in order that the developer of a condominium project may start selling units, pending otherrequirements and to assess the market viability of the project

    Refers to single-attached dwelling containing 3 or more separate living units designed in such a way that they abut eachother at the sides, as in a row, and are separated from each other by party walls.

    Refers to areas allocated for circulation, parks, playgrounds, community facilities, easements, courts

    The following requires a Certificate of Registration , Advertisment Approval and License to sell from HLURB, except

    Under PD 957, the owner/developer shall deliver the title of the lot/house and lot/unit to the buyer upon

    The developer of a subdivision project shall for purposes of promoting their mutual interest of the buyer, initiates theorganization of 

    Open space

    Common areas

    Multi-purpose facility

    Clubhouse

    low-cost housing

    Sale of subdivision lots, house and lots

    Sale of subdivision lot by original purchaser 

    Sale of farmlots by a developer 

    Occu[ancy of the lot/unit

    Certificate of Registration

    Rowhouse

    Tenement housing

    Condominium Units

    Full payment of the lot/unit

    Turn over of the lot/unit

    Sale of Memorial parks/columbarium

    License to SellTemporary License to Sell

    Interim License to Sell

    Niche

    Mausoleum

    Memorial Park

    Columbarium

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    52

    a

    b

    c

    d

    53

    a

    bc

    d

    54

    a

    b

    c

    d

    55

    a

    b

    c

    d

    56

    a

    b

    c

    d

    57

    a

    b

    c

    d

    58

    a

    b

    c

    d

    59

    a

    b

    c

    d

    60

    a

    b

    c

    d

    61

    a

    b

    c

    d

    62

    a

    bc

    d

    63

    a major minor   motor court  Alley

    b major collector minor   motor court  Alley

    c major minor collector   motor court  Alley

    d major collector minor Alley Motor Court

    64

    a

    b

    c

    4 meters

    48 sqm

    64 sqm

    72 sqm

    The minimum lot frontage of an irregular lot under the IRR of BP 220 is

    28 sqm

    48 sqm

    72 sqm

     A public way with a width of 2 meters intended to break a block and to serve both pedestrian and emergency vehicles

     A habitable dwelling unit which meets the minimum requirement for a housing core with additional components such as

    exterior walls, plumbing, floor and electrical wiring for the unit

    Under the BP 220 IRR, it refers to the habitable dwelling unit which meets the minimum requirement for a shell housewhich includes doors, and partition walls for separating functional areas:

    The function of the HLURB to hear and decide cases of complaints by a buyer against the developer refers to

    Under the IRR of PD 957 the land allocation of the saleable and non-saleable area of a subdivision project

    The hierarchy of roads for a subdivision project with an area of 2.5 hectares and below as defined in the IRR of PD 957is

    Minimum 70% saleable and minimum 30% non-saleable70% saleable; 30% non-saleable

    maximum 70% saleable; maximum 30% non-saleable

    Complete house

    Liveable House

    Basic House

    8 meters

    10 meters

    Under the National Building Code, the habitable rooms with artificial ventilation have ceiling heights (floor to ceiling) notless than

    Minimum Basic House

    Bare house

    Shell house

    Core house

    Socialized housing

    Regulatory

    Judicial

    6 meters

    2.4 meters

    1.8 meters

    2.5 meters

    Maximum 70% saleable; minimum 30% non-saleable

    It is a lot situated at the intersection of two or more streets is

    Quasi-judicial

     Administrative

    corner lot

    through lot

    Intersection lot

    Irregular lots

    28 sqm

    40 units/block

    10 units/block

    The minimum water supply requirement for subdivision as provided under the PD 957 is

    The IRR of PD 957 provides that the number of rowhouses per cluster shall not exceed

     an alley

    64 sqm

    Under the IRR of BP 220, the minimum lot size for economic single detached unit is

    pathwalk

    Through lot

    sidewalk

    Under the IRR of BP 220, the minimum lot size for a socialized single detached unit is

    150 liters/ capita/day

    120 liters/capita/day110 liters/capita/day

    100 liters/capita/day

    20 units/block

    30 units/block

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    d

    65

    a complete house

    b core house

    c shell house

    d bare

    66a economic housing

    b socialized housing

    c low cost housing

    d open market

    67

    a Frontage

    b Rear side

    c Easement

    d Culvert

    68

    a

    b 3 by 3 m or 9 sqmc 4 by 5 or 20 sqm

    d 2.5 by 3 m or 7.5 sqm

    69

    a asphalt and macadam

    b concrete and asphalt

    c concrete and macadam

    d concrete, asphalt and macadam

    70

    a 50 meters

    b 40 meters

    c 30 meters

    d 25 meters

    71

    a

    b

    c

    d

    72

    a 25 meters

    b 30 meters

    c 40 meters

    d 50 meters

    73

    a 1.44 by 2 meters

    b 1 by 2.44 meters

    c 1.5 by 2 meters

    d 1 by 3 meters

    74

    a 4 by 5 meters

    b 3 by 5 meters

    c 2.5 by 6 meters

    d 2.5 by 5.5 meters

    75

    a

    b

    c

    d

    76

    a

    b

    c

    d

    77

    a

    b

    c

    d78

    a

    payment of 30% downpayment

    upon fullpayment of the house & lot/condominium unit

    The buffer zone for the Memorial park project if located along the main road shall be

    Based on shares of stocks acquired

    Based on the price of the unit

    Land on where the project is located

    Number of buildingd and stories per building

    Provisions for Management body of the project

     A habitable dwelling unit which meets the minimum requirements for a shell house with the following additionalcomponents being included as part thereof: all windows and doors and partition walls for separating functional areas.

    In the absence of any provision in the Master Deed, the share of unit owners in the common areas shall be

    In general, it is not considered part of the Master Deed of a condominium project

    The life of condominium corporation under the law is for a period of 

    The distance of one electric post to the other is measured at

    The owner/developer of a project shall deliver the TCT/CCT to the buyer upon

    The minimum size of a burial plot is

    Mausoleum size shall be for a minimum plot size of 

    Based on floor area

    Extent of share in the common areas

     Co-terminous with the life of the project and corporation law

    50 years

    Equal Share

     As proof of ownership of a condominium unit, the owner would have the best proof as

    Condominium Certificate of Title (CCT)

    99 years

    15 years

    2.5 by 5 m or 12.5 sqm

    Pavement for all roads in Open Market and medium housing shall be

    The minimum dimension of a parking space is

    That part or end of a lot that abuts a road/street

     A type of housing project provided to average income families

    3 meters

    upon occupancy of the unit

    upon issuance of the certificate of completion

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    b

    c

    d

    79

    a

    b

    cd

    80

    a

    b

    c

    d

    81

    a

    b

    c

    d

    82a

    b

    c

    d

    83

    a

    b

    c

    d

    84

    a

    b

    c

    d

    85

    a

    b

    c

    d

    86

    ab

    c

    d

    87

    a

    b

    c

    d

    88

    a

    bc

    d

    89

    a

    b

    c

    d

    90

    a

    b

    c

    d

     Authority to Sell

    total of 90%

    75%

    30%

     A buyer failed to pay his installment payments after paying 5 years for a 1-bedroom residential condominium unit on a 10

    year installment payment. What will be his percentage refund under the Maceda Law

    Condominium Unit

    CondominiumCondominium project

    License to Sell

    Hold title to the land of the condominium project

    Transfer Certificate of Title (TCT)

    Condominium Certificate and Tax declaration

    Tax Declaration

    Condominium Certificate of Title (CCT)

     Articles and By-Laws

     Approval of Sale

     A condominium corporation is important as It will be the management body of the condominium project and moreimportantly, will also

    If a unit owner has unpaid assessments, the notice of assessment will be considered a lien on the condominium unit if 

    It refers to the weight bearing walls, columns and beams, stairways, halls, elevators, etc. including the electrical, water

    and plumbing systems and amenities in a condominium project

    It is regarded as an interest in real property consisting of a separate interest in a unit in a building and an undividedinterest in common in the land on which it is located and in other common areas

    The following is not used as a measure of the interest in the common area by a condo unit owner 

     Ambo sold his 3 bedroom condo unit to a buyer. To register the sale he must get from the condominium corporation thisdocument

     of his/her unit

    share in the taxes of the common areas

    100% share on the unit and 50% on the common areas

    none of the above

    Coordinate annual membership meeting

    Ensure cleanliness of the common areas

     A unit owner does not have the following right as a condominium unit owner 

    Equal share

    Based on floor area of their unit

    Based on value of their unit

    The condominium corporation formation is required

     As provided in the Articles of Incorparation

     At least 60% Filipino ownership

     At lease one foreigner owns a unit

    Of purely residential condominium units

     As owner of a condominium unit, the owner would be liable to pay real estate taxes

    Based on the number of bedroom per unit

    Condominium Certificate of Title (CCT)

    Condominium Unit

    Condominium

    Condominium project

    Master Deed

    It is referrred to as the space encompassed by the interior surface of the floor, ceiling walls and exterior doors andwindows which is susceptible of independent use and ownership

    If one wanted to find out what his interest or share is in the common areas. It may be found in the following documents

    50% only

    approved Site development plan

    None of the above

    Condominium Unit

    Condominium projectCommon area

    Structural finish

    Certificate of management

    Clearance and Gate Pass

     A notice of assessment is registered with the Register of Deeds

    there is a petition from the Condo Corp to pay assessment within a given period

    The unpaid assessment is equivalent to the amount of the unit

    To pay for share in insurance of the condo project

    To pay for the insurance of the condo unit

    To settle unpaid association dues of his/her neighbors

    To paint the exterior of the unit

    Pay for taxes of all unit members

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    91

    a PD 1586

    b PD 1856

    c PD 1216

    d PD 957

    92 It is the agency that protects the land titles from loss, fraud, etc

    a LMB

    b HLURBc DENR

    d LRA

    93 The proof of ownership of the first/original owner of a property

    a OCT

    b TCT

    c CCT

    d Ownership rights

    94

    a North East West South

    b North Southwest eastwest Northeast

    c North south east western

    d North eastwest south western

    95

    a Economic Housing

    b Affodable Housing

    c Socialized Housing

    d Low cost

    96

    a Hydrographic

    b Aerial

    c land/cadastral

    d Intercontentinental

    97

    a DENR

    b Land Management Bureau

    c DAR Survey Division

    d NAMRIA

    98

    a Muhon

    b concrete monument

    c cylindrical monument

    d cylindrical concrete monument

    99

    a RA 6657b RA 6552

    c RA 7279

    d RA 9700

    100

    a 5 hectares

    b 7 hectares

    c 5 + 3 Hectares per child who are involved in managing the farm

    d 5 hectares plus 3 hectares for each 15-year old child actually tilling or managing the farm

    101

    a 25% zonal value

    b 70% zonal value

    c 50% zonal valued government-prescribed valuation

    102

    a Presidential Advisory Reform Council

    b President's Advisory Reform Council

    c President's Advisory Reform Council

    d Presidents Awards Reform Council

    103

    a Scale

    b International Symbols

    c Legend

    d Colors and themes

    104a Map symbols

    b Map Legend

    The cardinal directions are as follows

    It is the law entitled Environmental Impact Statement System which was signed in 1978

    It is serves as the dictionary , it is the key to all symbols in a map.

    It is a graphic representation of how a place looks like from above

    It defines the exact location of property boundaries as stated in the technical description in a TCT

    The following are the types of surveying conducted in the Philippines, except

    It refers to the most reasonable price of land and shelter based on the needs/financial capability ofprogram beneficiaries under RA 7279

    The government agency tasked to conduct/perform hydrographic survey is

    It is referred to as the CARPER Law enacted in 1999

    The retention limit of land owners under the CARP law is

    In the RA 9700, the land valuation of the property paid to the lot owners is

    PARC under RA 9700 refers to

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    c Map

    d tourist map

    105

    a distance

    b elevation

    c direction

    d width

    106a Archipelagic waters, territorial seas

    b Exclusive Economic zone (EEZ)

    c Extended Continental Shelf (ECS)

    d All of the above

    107

    a

    b

    c

    d

    108

    a Residential

    b commercial

    c industrial

    d Institutional

    109

    a Residential

    b commercial

    c industrial

    d Institutional

    110

    a Residential

    b commercial

    c industrial

    d Institutional

    111

    a Residential

    b commercial

    c industrial

    d Institutional

    112

    a Residential

    b commercial

    c Forested area

    Institutional

    113

    a Aerial Survey

    b Cadastral Survey

    c Hydrographic survey

    d combination of all of the above

    114

    a Complete land use program

    b comprehensive land use program

    c comprehensive land use plan

    d Complete land utilization plan

    115

    a 32 sqm

    b 28 sqm

    c 30 sqm

    d 22 sqm

    116

    a dirt road/macadam/asphalt

    b concrete/asphalt/macadam

    c asphalt/macadam

    d gravel/asphalt

    117

    ab

    c

    The allowable road pavement of housing projects under BP 220 is

    Refers to any person, group, authority, association, public corporation, private corporation, or other body

    undertaking or intending to undertake a project or program and duly vested with administrative authority and

    responsibility, over the project or program.

    ProponentStakeholders

    LGU

    The basis from which the Philippines is claiming territorial limits over the Panatag Shoal over China in the West

    Philippine Sea is a result of which survey type

    CLUP of a city/municiality refers to

    The minimum house area in a single detached house under BP 220 Economic Housing is

    The following are elements of surveying, except

    The coverage of hydrographic survey in the Philippines are

    The minimum house area in a single detached house under PD 957 is

    42 sqm

    The color yellow in the zoning map represents which zone

    The color red in the zoning map represents which zone

    The color blue in the zoning map represents which zone

    The color purple in the zoning map represents which zone

    The color dark green in the zoning map represents which zone

    48 sqm

    64 sqm

    72 sqm

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    d

    118

    a

    b

    c

    d

    119

    a Office of the Presidentb Department of Environment and National Resources

    c Office of the Solicitor General

    d Department of Justice

    120

    a Approved Comprehensive Land Use Plan

    b Zoning Ordinance

    c Zoning

    d land use classification

    121

    a mandatory

    b non-obligatory

    c optionald subject to approval by the local council

    122

    a mandatory

    b non-obligatory

    c optional

    d Voluntary

    123

    a New socialized housing development

    b Community Mortgage Program

    c NHA's SIRP and ZIP

    d Corporate Social Responsibility to indigent groups

    124a Voluntary

    b mandatory

    c Free of Charge

    d requires annual dues of P 25/sqm

    125

    a Voluntary

    b mandatory

    c after expiration of the registration with SEC

    d not required as long as registration with DTI still valid

    126

    a horizontal condominium unit owners

    b owners of housing units within a residential subdivision

    c vertical condominium

    d low-rise housing projects

    127

    a Joint Venture Agreement (JVA)

    b Turn-Key Development

    c Combination of Residential and Commercial project by 2 developers

    d owner-developer of a high building

    128

    a Zoning

    b town plan

    c Zoning Ordinance

    d town planning and zoning

    129

    a land use planning

    b urban land refrom program

    c town planning and zoning

    d development planning

    130

    a RA 9700

    b RA 9904

    c RA 7279

    d PD 27

    131

    a 3 hectares

    Sanggunian Panlalawigan

    Under RA 9904 entitles Magna Carta of Homeowners Association, registration of the HOA to HLURB is

    The coverage of the RA 9904 entitled Magna Carta of Homeowners and Homeowners Association, is the association of 

    It refers to the agreement of two parties, to pool their resources together to come up with a spefici task or new project

    It divides the community/locality into districts and imposes different land use controls

    It refers to the rational and judicious approach of allocating available land resources, different land use activities for theoverall development of a locality

    It is the law that strengthens the CARP law , and is popularly known as the CARPER law

    The award ceiling for beneficiaries of the CARPER law is

    Sandiggan Bayan

    It is the policy of the LGU which implements and controls land uses within the city/municipality

     Acceptance of donation of the open space by the local government is

    Donation of the open space of a subdivision by its HOA is

    The following are the manners of compliance under the Balance Housing Program of RA 7279, except

    The Registers of Deeds is under the Land Registration Authority (LRA), while LRA is under the

    Under RA 9904 entitles Magna Carta of Homeowners Association, membership to HOA is

    The approved CLUP is presented to this august body for its ratification

    Private sector 

    Sanggunian Pambansa

    Sanggunian Bayan

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    b 5 hectares

    c 7 hectares

    d 1.5 hectares

    132

    a hereditary succession

    b to the government

    c to the Land Bank of the Philippines

    d all of the above133 It is the Head agency which supervises shelter agencies like HLURB, HDMF, NHMFC, NHA

    a Department of Housing

    b Housing and Urban Development Coordinating Council

    c Presidential Committee on Housing and Development

    d none of the above

    a Surety or Cash Bond - P5,000.00

    b photocopy of PRC License/accreditation

    c Official Receipt to evidence payment of P 720 or P 280

    d all of the above

    135 Under PD 957, the duties of owner/Developers of subdivision projects are as follows, except

    a Non-forfeiture of payments

    b Mortgage

    c Delivery of Title

    d Project completion

    e all of the above

    136 The period of completion of a subdivision project is

    a One year from the date of the issuance of the License to Sell

    b Two years from the date of the subdivision approval by the LGU

    c 6 months or upon expiration of the temporary License to Sell

    d none of the above

    137 It initiates the creation of a homeowners association

    a owner-Developer  

    b 20% of the unit buyers

    c HLURB

    d NGO

    138

    a HLURB

    b

    c

    d HUDCC

    139 Approval of development permit and license to sell of columbarium, memorial park is a function of

    a HLURB

    bc

    d HUDCC

    140 By 2016, this government agency shall commence the conversion of all land titles to e-titles

    a

    b

    c Department of Justice

    d Department of Finance

    141

    a 2 degrees Centigrade

    b 4 degrees Farhenheit

    c 1 degree centigrade every 2 years

    d 5 degrees

    142 It is the 2015 phenomenon which is going to extend up until after the 1st quarter of 2016

    a El Nino

    b Dry Spell/Drought season

    c La Nina

    d Extended Rainy Season

    143 The following criteria is used in locating areas for settlement/housing projects, except

    a Outside of the West Valley Fault

    b 15-meter buffer zone from centerpoint of High-voltage transmission line

    c Within the residential zone or permitted uses as defined in the Zoning Ordinance

    d Within a memorial park144 Total subdivision Project cost is a sum total of the raw land, development cost and

    a cost for housing component

    Unless globally all of mankind works togther to address global warming, the temperature of the earth will increase byhow many degrees

    The following are the requirements for licensed real estate brokers and accredited sales persons registration with

    HLURB

    Local Government

    Local Government and HLURB, respectively

    Local GovernmentLocal Government where project is located

    Register of Deeds (RD)

    Land Registration Authority (LRA)

    The processing and approval of development permit and license to sell of horizontal and vertical condo projects is with

    The lands awarded to farmer-beneficiaries can not be conveyed within 10 years period except through

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    b housing component plus marketing cost

    c Marketing cost

    d Expenses incurred in the procurements of government permits and licenses

    145 The ff can do joint venture with the Main Project developer upon accredidation with HLURB provided

    a Socialized Housing Developer with a tract record of at least 500 developed units

    b No pending Cease and Desist Order on any of its project filed with RFO of HLURB

    c No unpaid fees/dues with HLURB

    d All of the above

    146

    a Socialized Housing Developer 

    b Non-government organizations involved in housing projects

    c other housing agencies

    d all of the above

    147

    a Developers

    b Dealers

    c Appraisers

    d Contractors148 The validity of the Development Permit issued by the LGU from it date of issuance is

    a 5 years

    b 4 years

    c 3 years

    d 1 year  

    149 Condominium units owners is mandated to form a

    a Condominium Unit Association

    b Homeowners association

    c Cooperative

    d Condominium corporation

    150

    a The Philippine Clean Water Act of 2004

    b Ecological Solid Waste Management Act

    c Toxic Substances, Hazardous and Nuclear Waste Control Act of 1990

    d The Philippine Clean Air Act of 1999

    e all of the above

    Under RA 7160, all LGUs are mandated to ensure environmental protection of their locality in line with PD 1586 by

    implementing the ff laws,

    The following are allowed to go on joint venture with the developer of main project provided they have prior accreditationwith HLURB

    ,

    projects

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    1

    a Real estate dealer  

    b Real estate trader  

    c Real estate broker  

    d real estate businessman

    2a registered with HLURB

    b licensed under PRC

    c both (a) and (b)

    d licensed both by PRC and HLURB

    3

    a Exclusive Authority to sell

    b Hold over clause

    c Extended Hold over clause

    d commission due

    4 A real estate broker is selling a 1,000 sqm lot to his buyer. When is he entitled to his commission/professional fee?

    a Upon consumation of the contract

    b Upon perfection of the contract

    c Upon transfer of the title to the buyer  

    d upon downpayment of the buyer  

    5

    a Open Listing

    b Exclusive right to sell

    c Exclusive agency

    d non-exclusive authority

    6

    a He must be the procuring cause

    b He must find a cash buyer  c He must be registered with HLURB

    d He must post a bomd as required by the owner 

    7

    a Law of brokerage

    b Law on Agency

    c Law on Lease

    d Law on real estate service

    8

    a To sell a house and lot of the owner 

    b To assist buyer in obtaining a housing loan

    c To draft the legal contract

    d to find a developer for joint venture9

    a To hire real estate salespersons

    b To put up an office

    c To schedule trippings with c lients

    d To secure property listings

    10

    a BIR

    b HLURB

    c Treasurers Office

    d PRC

    11

    a Negotiationb Closing

    c Presentation and demonstration

    d Turn-over of possession of property

    12

    a Negotiation

    b Closing

    c Agreement

    d Finalization of contract

    13

    a Earnest Money agreementb Contract to sell

    c Option contract

    Module 3

     A natural or juridical person, who is engaged in the trade of leasing his own real properties and with the purpoe ofrealizing profit is a

    To engage in a real estate brokerage in the field of leasing warehouse, the person must be

    To protect the real estate broker, a provision maybe included in the authority to sell that if the property is sold after the

    expiration of the authority, the broker is entitled to professional fee. This provision is referred to as

    Mrs Batongbakal just passed the brokers exam and got her license. She must also pay her professional tax to

    Which of the following is not really part of the steps in real estate brokerage?

    It is the step in real estate brokerage when through the broker's mediation, the minds of the parties meet and agrees tothe proceed with the buy and sell transaction of a real estate subject to agreed terms and conditions

     An agreement wherein the consideration of a contract, or a portion thereof, is entrusted to a 3rd party in a saletransaction

    If a licensed RE broker would want to be entitled to professional fee even if the owner is the one who finds a buyer, hemust get the following authority to sell

    One of the most important thing for a real estate broker to be entitled to a professional fee is

    The law that governs the relationship between the broker and property owner in a lease transaction is

    The following is not considered a function of real estate broker 

    For Jimmy to start his real estate brokerage practice, the first step is to

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    d Escrow agreement

    14

    a PRC License Number  

    b HLURB Registration number  

    c Area of Specialization

    d Expiry date of License

    15a Loan Agency

    b Mortgage agency

    c Financing agency

    d Borrowers agency

    16

    a Multiple Listing

    b List sharing

    c Cooperative listing

    d Organized Listing

    17a prospect

    b client

    c ready buyer  

    d sure buyer  

    18

    a Escrow agent

    b Real estate broker  

    c Depository bank

    d Third party

    19

    a Economic housingb low cost housing

    c affordable housing

    d socialized housing

    20

    a 110

    b 244

    c 254

    d 300

    21

    a Slum development

    b Slum upgrading

    c on site development

    d On site upgrading

    22

    a Land consolidation

    b Land use plan

    c land banking

    d land forecasting

    23

    a land acquisition

    b land banking

    c land swapping

    d land exchange

    24

    a Informal settlers

    b Slum dwellers

    c squatters

    d Professional squatters

    25

    a security of tenure

    b Right of first refusal

    They are referred to as individual or groups who occupy land without the express consent of the landowner and whohave sufficient income for legitimate housing

     A person is given this degree of protection afforded to qualified program beneficiaries against infringement or unjust,

    unreasonable and arbitrary eviction or disposition

    When a broker come into a cooperative arrangement where properties for sale or wanted by a broker are circularizedand share with other is called

    Carla found a buyer who might be willing to buy and pay cash for the lot in a subdivision. The buyer would generally be

    classified as a

    The person, whether natural or juridical to whom the part or whole of the money is entrusted to another other than the p

    n rea estate, t re ers to t e most reasona e pr ce o an an s e ter ase on t e nee s nanc a capa ty oprogram beneficiaries under RA 7279

    How many areas for priority development (APDs) are there in Metro Manila covered by Proclamation No. 1967

    amending Proc No. 1893

     An authority given by the buyer for the broker to secure financing, or an authority given by a financing firm for the

    broker to procure borrowers

    In their business card, advertisement, it is required that a real estate broker who deals in rawland sales indicates the ff:

    It refers to the process of upgrading and rehabilitation of blighted and slum urban area with a view of minimizingdisplacement of dwellers in said area

    The acquisition of land at values based on existing use on advance of actual need to promote planned development

    and socialized housing programs

    The process of land acquisition by exchanging land for another piece of land of equal value, or for shares of stock in agovernment or quasi-government corporation, for the purpose of planned and rational development and provision forsocialized housing

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    c Priority right

    d First preference

    26

    a Resettlement areas

    b Relocation areas

    c Off-site relocation

    d redeployment areas

    27

    a

    b

    c

    d

    28

    a

    b

    c

    d

    29a Areas for priority development

    b Lands is urbanizable areas

    c Resettlement sites

    d Sites used or set aside for parks, reserves for flora and fauna

    30

    a a member of the squatting syndicate

    b underpriviledged and homeless

    c landless

    d a Filipino citizen

    31

    a 10%

    b 15%

    c 20%

    d 30%

    32

    a RA 7160

    b RA 6552

    c RA 6657

    d RA 9700

    33

    a HUDCC

    b HLURB

    c HDMF

    d LGU

    34

    a Land use plan

    b Zoning

    c town plan

    d Area usage plan

    35

    a Plans

    b area allocationc zoning

    d land classification

    36

    a Low density residential area

    b Medium density residential area

    c High density residential area

    d General residential zone

    37

    a Built-up area

    b contguous area

    c Integrated area

    d high density area38

    a

    The division of the community into functional zones based on the recent and potential uses of properties for thepurposes of regulating the use and growth of properties

    The classification of R-1 in a zoning area means

    It is defined as a contiguous grouping of 10 more structures

    It refers to a document embodying specific proposal for guiding regulating growth and development of a city or municipa

    Community land use plan

    For developer of proposed subdivision projects, it shall be required to develop an area for socialized housingequivalent of the total subdivision project at least

    The law that requires LGUs to prepare their respective land use plan is

    It is the government agency that assists the LGUs in the formulation of their respective land use plans

    The rational & deliberate allocation of land resources to different uses on the comprehensive /integrated plan for thearea

    Slum resettlement and community program

    Slum resettlement program

    Potential urban areas

    Future urban areas

    Urbanizable areas

    identified urban areas

    The area identified by the appropriate government agency by the LGU with respect to areas within its jurisdiction

    which shall be used for the relocation of the underpriviledged and homeless citizens

    The program of the NHA of upgrading and improving blighted areas outside of Metro Manila pursuant to existingstatutes and pertinent executive issuances

    Sites and lands which display marked and great potential of becoming urban areas within the period of five (5) years

    Slum improvement program

    Slum improvement and resettlement program

    The urban and development housing program does not cover the following

    To qualify for socialized housing program, a beneficiary must not be

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    b

    c

    d

    39

    a Maximum floor area

    b Floor area ratio

    c Lot floor area ratio

    d Height to floor ratio40

    a Natural environment

    b ecological balance

    c Green environment

    d Ecosystem

    41

    a Ecosystem

    b Environment

    c

    d Bio-eco system

    42a Department of Environment of Natural Resources

    b Department of Environment and Natural Resources

    c Department of Environment and National Resources

    d Department of Environmental and National Resources

    43

    a non-living materials

    b Inert elements

    c Abiotic

    d Biotic

    44

    a Impact study of projects

    b Impact studyc Environmental impact assessment

    d environmental system

    45a

    b ECC Clearance

    c Exemption Certificate

    d

    46

    a

    bc

    d Environmentally negative projects

    47

    a

    b

    c

    d Environmentally negative projects

    48

    a Ambient air quality

    b Atmospheric quality

    c Air pollution quality

    d Atmospheric air quality49

    a

    b

    c Open pit burning

    d kaingin

    50

    a

    b

    c

    d

    51a

    b Ecological Solid Waste Management Act

    The Philippine Clean Water Act of 2004The law that regulates the importation, processing and use and disposal of toxic and hazardous substances is

    It refers to the projects which may pose sigificant negative environmental impact at certain thresholds of operation

    regardless of location

    It is declared as the area as environmentally sensitive for projects that may have significant negative impacts

    The general amount of pollution present in a broad area, and refers to the atmosphere's average purity

    It is defined as the burning of municpal, biochemical and hazardous waste which emits poisonous and toxic fumes

    The law that governs the protection of the environment, particularly covering the pollution control of the atmosphere inthe country

    Environmental critical project

    Environmental impact projects

    Environmentally critical area

    Inceneration

    Cremation

    The Philippine Clean Air Act of 1999

    The Philippine Atmospheric Act of 1999

    The Clean Air Act of the Philippines

    The Atmospheric and Clean Air Act of the Philippines

    Environmental critical area

    It is the biological environment consisting of all the organisms living in a particular area, as well as all the non-living

    components of the environment

    The government tasked to protect the environment and natural resources of the country

    It refers to the non-living elements and the physical compnents of the environment

    The process that involves predicting and evaluating the likely impacts of a project

     A Certificate issued by the EMB certifying that the proposed project is not covered by the EIS system and is not

    required to secure an environmental compliance certificate

    environmental system

    Comprehensive land use plan

    Comprehensive land use development plan

    Comparative land use programs

    The ratio between the gross floor area of a building and the area of the lot on which it stands

    "Ecology" is often used more loosely as a synonym to the word

    Certificate of Non-Coverage

    Certificate of Coverage Exemption

    Environmental critical project

    Environmental impact projects

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    c

    d

    52

    a

    b

    c Certificate of Compliance to EIS

    d Environment compliance completion53

    a

    b

    c

    d

    54

    a

    b

    c

    d NoSMoking Zone and Areas in all Metro Manila Establishment

    55

    a Producersb Consumers

    c Decomposers

    d Climate regime

    56 The following are abiotic components in an ecosystem, except

    a Organic compounds

    b Inorganic

    c Climate regime

    d heterotrophs

    57

    a

    b

    cd

    58

    a

    b

    c

    d

    59 The attached agency under the DENR who is tasked to implement the EIS is

    a

    b

    c

    d

    60a

    b

    c

    d

    61

    a

    b

    c

    d

    62a

    b

    c

    d

    63

    a

    b

    c

    d

    64

    a

    b

    Refers to entities who may be directly and significantly affected by the project or undertaking.

    Stakeholders

    Private sector 

    Data Gathering

    Refers to any person, group, authority, ssociation, public corporation, private corporation, or other body

    undertaking or intending to undertake a project or program and duly vested with administrative authority and

    responsibility, over the project or program.

    Proponent

     juridical person

    developer 

    Geodetic Engineer 

    Environmental Management Bureau (EMB)

    Environment Management Bureau (EMB)

    PENRO

    CENRO

    It is the law entitled Environmental Impact Statement System which was signed in 1978

    PD 1586

    PD 1856

    PD 1216

    PD 957

    The following falls under the Environmental Critical areas, except

    Potential Tourist spots

    Mangrove areas

    Prime agricultural area

    Garment factory

    The following falls under the Environmentally critical projects, except

    Roads and bridges

    Smelting Plants

    Golf courses

    Coral reef 

    Refers to the activity undertaken by DENR to gather facts and elicit all issues, concerns and apprehensions and at the

    same time provide the proponent with the opportunity to present the project or programs to the people/community whowould be affected by such.

    Public Hearing

    Public Announcement

    Public Consultation

    The following are the components of the Biotic Organisms, except

    Inhabitants, buildings, community

    Inhabitants, population, communityOrganisms, community and ecosystem

    Living (biotic) and non-living (abiotic)

    The following makes up the Real Estate Ecosystem

    The Philippine Clean Air Act of 1999

    The following laws and regulations ensures environmental protection and negative impacts on humans, except

    The Philippine Clean Water Act of 2004

    Ecological Solid Waste Management Act

    Toxic Substances, Hazardous and Nuclear Waste Control Act of 1990

    Certificate of Envronment Compliance

    The law that ebsures advanced prevention, control, abatement pollution in water resource and ecological protection

    The Philippine Clean Water Act of 2004

    Ecological Solid Waste Management Act

    Toxic Substances, Hazardous and Nuclear Waste Control Act of 1990

    The Philippine Clean Air Act of 1999

    Toxic Substances, Hazardous and Nuclear Waste Control Act of 1990

    Environmental Compliance Certificate

    The document issued by the DENR stating that the project or undertaking will not cause significant negativeenvironmental impact

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    c

    d

    65

    a

    b

    c

    d

    66a

    b

    c

    d

    67

    a

    b

    c

    d

    68

    a

    b

    c

    d

    69

    a

    b

    c

    d

    70

    a

    b

    c

    d Palawan

    71

    a

    b

    c Mindanao Area

    d Palawan

    72

    a

    b

    c

    d

    73

    a

    b

    c

    d

    74

    a Enviromental Impact Statement/Study (EIS)

    b Environmental Management Plan (EMP)

    c Enviromental Impact Assessment (EIA)

    d Environmental Guarantee Funding75

    a Enviromental Impact Statement/Study (EIS)

    b Environmental Management Plan (EMP)

    c Enviromental Impact Assessment (EIA)

    d Environmental Guarantee Funding

    76 It is hierarchy of solid waste management, this is the last method

    a solid waste reduction

    b treatment

    c collection

    d disposal

    77

    a Junk Shopb

    c Materials drop-off station

    Hospital waste

    Refers to the documentation of studies on the environmental impact of a project or program including the discussionon direct and indirect consequences upon human welfare..xxx

     activities

     A solid waste transfer station or sorting station, drop-off center, and composting facility and recycling fa

    Materials recovery facility

    Certificate of Completion

    The problematic sources of pollution are, air, water and

    Noise

    Solid waste

    Human fluids

    Cordillera Region

     A Section in the EIS that details the prevention, mitigation, compensation, contingency and monitoring measures to

    enhance positive impacts and minimize negative impacts and risks of a proposed project or undertaking.

    Environmental Compliance Certificate

    Environmental Management Plan (EMP)

    Environmental Impact Statement

    61% of this tribal group is found in

    33% of this tribal group is found in

    Visayas Region

    Cordillera Region

    Mindanao Area

    1000

    100

    1100

    110

    It is a type of development approach that integrates environmental responsiveness, resource efficiency and cultural

    sensitivity

    Green Development

    Green Building

    Eco-friendly develoment

    Environmental Effectiveness approach

    LID

    LEED

    LIDE

    It is the transfer of food from plants through a series of organisms with repeated stage of eating and being eaten

    food chain

    food web

    Food Channels

    Photosynthesis

    The Indigenous People/tribal groups in the Philippines accounts for a total of 

    Organisms, community and ecosystem

    Living (biotic) and non-living (abiotic)

    Government agencies

    Non-government organization

    This is a third party certification for buildings that are environmentally compatible, provide a healthy work enviroment

    and are profitable.

    LEAD

    Ecology covers the study of 

    Ecosystem, population, community

    Inhabitants, population, community

    Visayas Region

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    d Dumping site

    78

    a open dump

    b sanitary landfill

    c

    d junk sites

    79a Re-Use

    b Recycle

    c Reduce

    d Remove

    80

    a Proponent

    b juridical person

    c developer  

    d Geodetic Engineer  

    81

    a Public Hearing

    b Public Announcement

    c Public Consultation

    d Data Gathering

    82

    a Public Participation

    b Public Announcement

    c Public Consultation

    d Public Solicitation

    83

    a Stakeholders

    b Government agencies

    c Non-government organization

    d Private sector  

    84

    a Environmental Monitoring Fund (EMF)

    b Environmental Guarantee Fund

    c Surety Bond

    d Cash Bond

    85

    a Environmental Monitoring Fund (EMF)

    b Environmental Guarantee Fund

    c Surety Bond

    d Cash Bond

    86

    a Department of Environment and Natural Resources

    b Department of Environmental Natural Resources

    c Department of Education and National Resources

    d Department of Environment and National Resources

    87

    a Environmental Management Bureau (EMB)

    b Land Management Bureau

    c Employee Management Bureau

    d all attached agencies

    11

    a Volume of traffic

    b Investment and savings

    c Population, employment and unemployment

    d gross domestic product

    12 The amount of enterprenurial profit

    a Reflect the success of the project

    b is based on how project expenses are categorized

    c can not be estimated accurately

     A disposal area wherein the solid waste are indiscriminately thrown or disposed of without due planning and

    consideration for environmental and health standards

    Neighborhood dumping site

    The 3 Rs in the environmental advocacy are, except

    It is the fund that a proponent shall set up after an ECC is issued for its project or undertaking, to be used to support

    the activities of the multi-partite monitoring team. It shall be immediately accessible and easily disbursable.

    It is a fund to be set up by a project proponent which shall be readily accessible and disbursable for the immediate

    clean-up or rehabilitation of areas affected by damages in the environment

    DENR refers to

    The agency under the DENR in charge in the implementation of the EIS is

    The following are economic indicators except

    Refers to any person, group, authority, association, public corporation, private corporation, or other body undertakingor intending to undertake a project or program and duly vested with administrative authority and responsibility, over the

    project or program.

    Refers to the activity undertaken by DENR to gather facts and elicit all issues, concerns and apprehensions and at thesame time provide the proponent with the opportunity to present the project or programs to the people/community who

    would be affected by such.

    It is an open, transparent, gender-sensitive, and community based process aimed at ensuring the social acceptability

    of a project or undertaking, involving the broadest range of stakeholders, commencing at the earliest possible stage, ofproject design and development and continuing until post-assessment monitoring.

    Refers to entities who may be directly and significantly affected by the project or undertaking.

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    !"#$%"& !#(") %*(+

    ,-./ +#0$

    d will always be the same

    90

    a Warranty Deed

    b Reconveyance Deed

    c Quit Claim

    d Tax Deed

    2. Effective gross income is an anticipated income from operation of a project after adjustments for 

    a Operating Expenseb Realty Tax and insurance

    c Vacancy and credit

    d all of the above

    92

    a Liquidity

    b Equity

    c Tax Shelter  

    d Leverage

    23

    a Tend to rise in value

    b remain rent and economic rent

    c tend to fall in value

    d Demand has no effect in value

    94

    a typical investor  

    b particular investor  

    c a user  

    d a tender  

    24

    a interest risk

    b financial risk

    c leverage risk

    d equity risk

    96

    a physical

    b intellectual

    c political

    d social

    25

    a not necessarily the same

    b synonymous

    c different depending on financial terms

    d close together in an inactive market

    98

    a Obsolescense