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THE REAL ESTATE BROKER’S EXAMINATION > 1. Crash Review - Fundamentals of Property Ownership (160 pts) > Flashcards

1. Crash Review - Fundamentals of Property Ownership (160 pts) Flashcards

1
Q

Percent of Filipino ownership in a foreign corporation or partnership that are allowed to acquire land in the Philippines.

a. 60%.
b. 50%
c. 75%

A

a. 60%.

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2
Q

The surface of the earth which was unimproved.

a. Land
b. Building
c. Estate

A

a. Land

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3
Q

The land with all improvement and the rights on it.

a. Real property
b. Real estate
c. Land

A

a. Real property

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4
Q

Also known as personality, or anything portable and movable.

a. Personal property
b. Movable property
c. Private property

A

a. Personal property

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5
Q

Personal property that will become real estate.

a. Fixture
b. Real property
c. Real estate

A

a. Fixture

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6
Q

A fixture used for trade or business.

a. Trade fixture
b. Business fixture
c. Furniture

A

a. Trade fixture

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7
Q

Form of ownership with complete rights.

a. Fee simple
b. Life estate
c. Leasehold

A

a. Fee simple

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8
Q

The land with natural and artificial improvements on it.

a. Real estate
b. Land
c. Real property

A

a. Real estate

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9
Q

Fee simple where the title won’t pass from one person to another until a condition is met.

a. Condition precedent
b. Conditional
c. Condition subsequent

A

a. Condition precedent

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10
Q

Title remains with new owner while the condition is met.

a. Determinable
b. Conditional
c. Subsequent

A

a. Determinable

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11
Q

Ownership on the property for the duration of the life of the possessor or another.

a. Life estate
b. State for life
c. State in perpetuity

A

a. Life estate

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12
Q

Husband’s right on the property of wife.

a. Curtesy (note: CURTESY-RIGHTS,CAPITAL-HUSBAND PROPERTY)
b. Capital
c. Paraphernal

A

a. Curtesy

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13
Q

The wife right on the property of the husband.

a. Dower (note: Dower - rights; Paraphernal - wife’s property)
b. Capital
c. Paraphernal

A

a. Dower (note: Dower - rights; Paraphernal - wife’s property)

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14
Q

Protection of a family home against creditor on being .

a. Foreclose
b. Collateral
c. Homestead

A

a. Foreclose

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15
Q

Landlord interest on the real property.

a. Lease fee
b. Leasehold
c. Lease rent

A

a. Lease fee

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16
Q

Only this classification of land can be subject to alienation.

a. Agricultural
b. Special
c. Commercial

A

a. Agricultural

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17
Q

Right granted to owner of property bordering a bay, lake or sea.

a. Littoral (note: LITTORAL- LAKE OR SEA, RIPARIAN-RIVER)
b. Riparian
c. Public

A

a. Littoral (note: LITTORAL- LAKE OR SEA, RIPARIAN-RIVER)

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18
Q

Right granted to owner of property abutting river and streams.

a. Riparian
b. River right
c. Water right

A

a. Riparian

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19
Q

Right granted by special agreement with owner and government.

a. Water right
b. Riparian right
c. Littoral

A

a. Water right

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20
Q

Right to build on the piece of land.

a. Development right
b. Building right
c. Improvement right

A

a. Development right

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21
Q

Right to take mineral out of the ground

a. Mineral right
b. Mining right
c. Golden right

A

a. Mineral right

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22
Q

Having an interest in the piece of real estate.

a. Tenancy
b. Ownership
c. Possession

A

a. Tenancy

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23
Q

Person who administer property in behalf of the beneficiary.

a. Trustee
b. Agent
c. Owner

A

a. Trustee

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24
Q

Two or more people or companies join together to do a single
project.

a. Joint venture
b. Partnership
c. Corporation

A

a. Joint venture

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25
Q

Two or more people or companies join together to do business.

a. Partnership
b. Joint venture
c. Corporation

A

a. Partnership

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26
Q

Right to use a property for a limited period of time each year.

a. Timeshare
b. Rent
c. Lease

A

a. Timeshare

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27
Q

Financial claims against someone property.

a. Lien
b. Adverse claim
c. Collateral

A

a. Lien

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28
Q

Lien on property with unpaid taxes.

a. Tax lien
b. Mortgage lien
c. Mechanic lien

A

a. Tax lien

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29
Q

Lien on property for nonpayment of work done on property.

a. Mechanic
b. Debt
c. Mortgage

A

a. Mechanic

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30
Q

Right to use someone else property for his benefit.

a. Easement
b. Lease
c. Borrow

A

a. Easement

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31
Q

Easement that benefit another person than the property.

a. Gross
b. Net
c. Personal

A

a. Gross

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32
Q

Temporary right to do something on someone’s property.

a. License
b. Leasehold
c. Tenant

A

a. License

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33
Q

Power of the state to take private property with just compensation.

a. Eminent Domain
b. Police Power
c. Foreclosure

A

a. Eminent Domain

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34
Q

Restriction or regulation on the uses of a particular area.

a. Zoning
b. Traffic
c. Ordinance

A

a. Zoning

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35
Q

A code that refers to specification of heights and setbacks.

a. Building Code
b. Height Code
c. Fire Code

A

a. Building Code

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36
Q

Evidence of ownership such as tax declaration, tax receipts, deed of sale and others.

a. Title
b. Torrens
c. Paper

A

a. Title

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37
Q

Population of the following that can be considered urban areas of a central district.

a. 500
b. 1000
c. 800

A

a. 500

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38
Q

Dual allegiance is _ to the national interest.

a. Inimical
b. Beneficial
c. Dangerous

A

a. Inimical

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39
Q

Former Filipino born citizen can acquire their citizenship by

a. Oath of allegiance to the republic
b. Act of allegiance to Philippines
c. Allegiance to Philippines

A

a. Oath of allegiance to the republic

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40
Q

Dual citizen Filipinos can be allowed to be candidate in a national election upon.

a. Renunciation of foreign citizenship
b. Filing of candidacy
c. Order of the court

A

a. Renunciation of foreign citizens

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41
Q

Grant of agricultural land to tenant farmer through land reform.

a. Emancipation patent
b. Homestead patent
c. Free patent

A

a. Emancipation patent

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42
Q

A will written and signed by the testator himself.

a. Holographic will
b. Oral will
c. Notarial will

A

a. Holographic wil

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43
Q

Property where easement is created.

a. Servient
b. Dominant
c. Gross

A

a. Servient

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44
Q

Prescription of easement take almost how many years.

a. 10 to 21 years
b. 5 to 10 years
c. 3 to 5 years

A

a. 10 to 21 years

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45
Q

Easement that allow electrical wires or pipelines to pass across.

a. Utility easement
b. Road right of way
c. Easement

A

a. Utility easement

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46
Q

Extension of property physical structure over property line of other owner.

a. Encroachment
b. Illegal entry
c. Over reaching

A

a. Encroachment

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47
Q

Deed that conveys title from trustor to trustee.

a. Deed of trust
b. Trustees deed
c. Reconveyance deed

A

a. Deed of trust

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48
Q

Voluntary conveyance of title.

a. Voluntary alienation
b. Foreclosure
c. Voluntary transfer

A

a. Voluntary alienation

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49
Q

Clause that limits ownership rights such as prohibiting act of gambling and drinking.

a. Habendum clause
b. Limitation clause
c. Prohibiting clause

A

a. Habendum clause

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50
Q

Formal declaration in the presence of a notary public or official designated by law.

a. Acknowledgement
b. Complaint
c. Filing

A

a. Acknowledgement

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51
Q

Property is sold to satisfy debt.

a. Foreclosure
b. Payment
c. Redeem

A

a. Foreclosure

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52
Q

Element present for adverse possession except.

a. Perpetual
b. Open
c. Notorious

A

a. Perpetual

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53
Q

Claim when land titled in the name of owner but another claims ownership of the same.

a. Adverse claim
b. Valid claim
c. Invalid claim

A

a. Adverse claim

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54
Q

Foreigners are allowed to acquire real estate in the Philippines under the following condition, except.

a. Acquisition after 1935 constitution
b. By hereditary succession
c. Acquisition before 1935 constitution

A

a. Acquisition after 1935 constitution

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55
Q

Former natural born Filipino citizen are allowed to acquire urban land for residential purpose for a maximum area of .

a. 1000 sqm
b. 5000 sqm
c. 1 hectare or 3 hectares

A

a. 1000 sqm

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56
Q

Former Filipino citizen can acquire land for purposes, except .

a. Buy and Sell
b. Business
c. Agriculture

A

a. Buy and Sell

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57
Q

The right to own real property in the Philippines is governed by .

a. 1987 Philippine Constitution.
b. 1935 Philippine Constitution.
c. 1988 Philippine Constitution.

A

a. 1987 Philippine Constitution.

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58
Q

Acquiring land adjoining the banks of rivers due to the gradual deposit of soil as a result of the river current.

a. Accretion
b. Avulsion
c. Reclamation

A

a. Accretion

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59
Q

Acquisition of alienable lands of the public domain by homestead patent, free patent or other government awards.

a. Public grant
b. Private grant
c. Government grant

A

a. Public grant

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60
Q

System of real estate ownership applied in the Philippines.

a. Torrens system
b. Open system
c. Closed system

A

a. Torrens system

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61
Q

The right to recover is .

a. Jus vindicandi.
b. Jus abutendi.
c. Jus disponendi.

A

a. Jus vindicandi.

  1. Jus Utendi - right to use
  2. Jus Fruendi - right to the fruits
  3. Jus Disponendi - right to dispose
  4. Jus Abutendi - right to abuse
  5. Jus Vindicandi - right to recover
  6. Jus Possidendi - right to possess
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62
Q

Property goes to the government because of no heir and no will.

a. Escheat
b. Eminent domain
c. Foreclosure

A

a. Escheat

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63
Q

A principle in ownership wherein the state owns all such as the forest, timber, mineral lands and etc.

a. Regalian
b. Democratic
c. Communal

A

a. Regalian

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64
Q

A concept where a person property is not just for his own exclusive used or benefit but for the good and general welfare of all

a. Steward concept
b. Sharing concept
c. Ownership concept

A

a. Steward concept

65
Q

A kind of ownership that includes all rights.

a. Full
b. Naked
c. Sole

A

a. Full

66
Q

Belong the ownership of the hidden treasure.

a. Owner
b. Government
c. Finder

A

a. Owner

67
Q

Land of public domain are the following, except.

a. Commercial
b. Agricultural
c. National park

A

a. Commercial

68
Q

Filipino citizens may lease not more than .

a. 500 hectares
b. 1000 hectares
c. 800 hectares

A

a. 500 hectares

69
Q

Maximum area allowed for purchases, homestead or grant.

a. 12 hectares
b. 3 hectares
c. 5 hectares

A

a. 12 hectares

70
Q

Foreigner may lease land in the Philippines for an allowable initial period of .

a. 50 years
b. 25 years
c. 30 years

A

a. 50 years

71
Q

Right given so that an owner of the adjoining land can pass through.

a. Road right of way
b. Road allowance
c. Access road

A

a. Road right of way

72
Q

Property relation of married couple is absolute community of property effectivity.

a. August 3, 1988
b. September 1, 1972
c. August 8, 1988

A

a. August 3, 1988

73
Q

Property regime of couple without being married.

a. Co-ownership
b. Single ownership
c. Shared ownership

A

a. Co-ownership

74
Q

Decision on the administration of conjugal properties if couple has disagreement.

a. Husband
b. Wife
c. Son or daughter

A

a. Husband

75
Q

If a husband is incapacitated who has the power of administration of their properties.

a. Wife
b. Son or Daughter
c. Court

A

a. Wife

76
Q

Recourse to the court by wife on the decision of husband on conjugal property can be availed within .

a. 5 years
b. 3 years
c. 4 years

A

a. 5 years

77
Q

Properties of a wife is known as

a. Paraphernal
b. Capital
c. Exclusive

A

a. Paraphernal

78
Q

All of the following can be part of absolute community property except.

a. Property from previous marriage
b. Donated property
c. Brought exclusively by any spouse

A

a. Property from previous marriage

79
Q

Separation of properties of couple married after 1988 can be done through.

a. Judicial separation of property
b. Will of the spouses
c. Will of siblings

A

a. Judicial separation of property

80
Q

Properties that belonging to no one.

a. Res Nullius
b. Res Communies
c. Res Alicujus

A

a. Res Nullius

81
Q

The right to consume is.

a. Jus abutendi
b. Jus vindicandi
c. Jus utendi

A

a. Jus abutendi

82
Q

Supreme law of the land.

a. The welfare of the people
b. The welfare of the nation
c. The welfare state

A

a. The welfare of the people

83
Q

Limitation imposed by the state are the following, except.

a. Right of way
b. Police power
c. Eminent domain

A

a. Right of way

84
Q

Fruits through cultivation or labor.

a. Industrial
b. Commercial
c. Agricultural

A

a. Industrial

85
Q

A process where a soil is deposited.

a. Accretion
b. Reclamation
c. Alluvium

A

a. Accretion

86
Q

Soil added or deposited to the land adjoining the rivers.

a. Alluvium
b. Erosion
c. Land deposit

A

a. Alluvium

87
Q

Rights of the lessee of property.

a. Leasehold
b. Lease fee
c. Lease

A

a. Leasehold

88
Q

Action to remove cloud on the title.

a. Quieting of title
b. File in the ROD
c. Redeem title

A

a. Quieting of title

89
Q

Ownership on an undivided thing by different person

a. Co-ownership
b. Common ownership
c. Shared ownership

A

a. Co-ownership

90
Q

Co-ownership are presume to be.

a. Equal
b. Unequal
c. Maybe equal or not

A

a. Equal

91
Q

Unities satisfied to create joint tenancy, except.

a. Ownership
b. Possession
c. Interest

A

a. Ownership

92
Q

Donor can prohibit partition of given property for a period not exceeding.

a. 20 years
b. 10 years
c. 25 years

A

a. 20 years

93
Q

Party wall or fence use commonly by parties are expense by.

a. All party
b. Party who build
c. All or one party

A

a. All party

94
Q

Years does prescription to claim title in bad faith take place.

a. 30 years
b. 10 years
c. 5 years

A

a. 30 years

95
Q

Tenancy which has no right of survivorship.

a. Tenancy in Common
b. Tenancy in severalty
c. Tenancy by Entirety

A

a. Tenancy in Common

96
Q

Tenancy where interest cannot unilaterally transfer be transferred.

a. Tenancy by Entirety
b. Tenancy in severalty
c. Tenancy in Common

A

a. Tenancy by Entirety

97
Q

Tenancy available to married couple.

a. Tenancy by Entirety
b. Tenancy in severalty
c. Tenancy in Common

A

a. Tenancy by Entirety

98
Q

Any act, omission, establishment, business, condition of property, or anything else which endangers the health or safety of others.

a. Nuisance
b. Negligence
c. Denial

A

a. Nuisance

99
Q

Owner of fruits that fall on the adjacent land.

a. Owner of land where the fruit fell
b. Owner of the tree
c. The finder

A

a. Owner of land where the fruit fell

100
Q

Right of the owner of lot where branches of trees of adjacent lot extended.

a. Demand the owner to cut off the branches
b. Cut off the branches
c. Cut off the trees

A

a. Demand the owner to cut off the branches

101
Q

Right of the owner land where roots of trees of adjacent trees extended.

a. Cut off the roots
b. Demand to the owner to cut off the roots
c. Cut off the tress

A

a. Cut off the roots

102
Q

Who provide right of way whenever a piece of land acquired by sale, exchange or partition, is surrounded by other estates of the vendor,
exchanger, or co-owner.

a. Owner
b. Buyer
c. Seller

A

a. Owner

103
Q

gives a right to enjoy the property of another with the obligation of preserving its form and substance, unless the title constituting it or the law otherwise provides

a. Usufruct
b. Loan
c. Foreclosure

A

a. Usufruct

104
Q

The holding of a thing or the enjoyment of a right.

a. Possession
b. Ownership
c. Bundle of right

A

a. Possession

105
Q

Owner of a spring or brook that arises.

a. Owner of the land
b. Public
c. Government

A

a. Owner of the land

106
Q

All of the following are special properties, except.

a. Trees
b. Water
c. Minerals

A

a. Trees

107
Q

Shoulder expenses on demolition ordered by government on building in danger of falling.

a. Owner
b. Government
c. None

A

a. Owner

108
Q

Belong the lakes, navigable and floatable rivers.

a. State
b. Owner of adjacent land
c. Government

A

a. State

109
Q

The spontaneous products of the soil, and the young and other products of animals.

a. Natural
b. Artificial
c. industrial

A

a. Natural

110
Q

The following are immovable property, except.

a. Shares of Stock
b. Trees
c. Statues

A

a. Shares of Stock

111
Q

Not considered citizen of the Philippines

a. Whose parents are Alien
b. Father is a Filipino citizen
c. Nonresident Filipino parent

A

a. Whose parents are Alien

112
Q

Its goals are more equitable distribution of opportunities, income, and wealth.

a. National economy
b. Government
c. State

A

a. National economy

113
Q

Foreign corporation may lease not more than .

a. 1000 hectare
b. 500 hectare
c. 200 hectare

A

a. 1000 hectare

114
Q

Citizen of the Philippines may not own more than .

a. 12 hectare
b. 5 hectare
c. 3 hectare

A

a. 12 hectare

115
Q

Share of the wife on property of couple whose husband died with one son left.

a. 1⁄2 plus 1⁄2 of the remaining property
b. 1⁄2 of the property
c. 1/3 of the property

A

a. 1⁄2 plus 1⁄2 of the remaining property

116
Q

Share of the son on the property if the mother died and father is alive.

a. 1⁄4 of the property
b. 1/3 of the property
c. 1⁄2 of the property

A

a. 1⁄4 of the property

117
Q

Share of an illegitimate child

a. 1⁄2 of the share legitimate siblings
b. 1⁄2 of share of mother
c. 1/3 of the share

A

a. 1⁄2 of the share legitimate siblings

118
Q

Marital consent on sale of properties is needed in all of the following, except.

a. Absolute separation of property
b. Absolute community property
c. Co-ownership

A

a. Absolute separation of property

119
Q

Filing of submerge land.

a. Reclamation
b. Construction
c. seashore

A

a. Reclamation

120
Q

In a 50 door unit subdivision an alien are allowed to buy and own a unit up to

a. 40%
b. 50%
c. 60%

A

a. 40%

121
Q

Right to enjoy the property of another with the obligation of preserving its form and substance.

a. Usufruct
b. Lease
c. Rent

A

a. Usufruct

122
Q

Owner of a hidden treasure which is of science or art interest.

a. Can be acquired by the state at their price
b. Can be sold by finder at heir price
c. Can be acquired by buyer at their price

A

a. Can be acquired by the state at their price

123
Q

Property which was segregated and transfer to other property is still own by the original owner up to .

a. 2 years
b. 5 years
c. 10 years

A

a. 2 years

124
Q

Trees which was been uprooted and carried belong to the owner up to.

a. 6 months
b. 12 months
c. 1 year

A

a. 6 months

125
Q

Donation that take effect after death of the donor.

a. Donation mortis causa
b. Donation inter vivos
c. Onerous donation

A

a. Donation mortis causa

126
Q

Holding of a thing or enjoyment of the right.

a. Possession
b. Ownership
c. Bundle of right

A

a. Possession

127
Q

Failure or neglect for an unreasonable and unexplained length of time, to do that which, by exercising due diligence, could or should have been done earlier.
a. Laches
b. Lapses
c. prescription

A

a. Laches

128
Q

Private corporation shall lease for an initial period not exceeding .

a. 25 years
b. 50 years
c. 10 years

A

a. 25 years

129
Q

Lands acquired through free patent or homestead cannot be sold for a period.

a. 5 years
b. 10 years
c. 15 years

A

a. 5 year

130
Q

Foreshore land can be lease up to .

a. 144 hectare
b. 50 hectare
c. 20 hectare

A

a. 144 hectare

131
Q

Fruits on the exclusive property of wife shall be .

a. Conjugal property
b. Property of wife
c. Paraphernal

A
132
Q

Termination of conjugal partnership of gains, except.

a. Separation
b. Death of spouse
c. Annulled married

A

a. Separation

133
Q

Administrator of a conjugal property.

a. Husband
b. Wife
c. Appointed by court

A

a. Husband

134
Q

In case of annulment of marriage, whose share in conjugal properties are forfeited.

a. Spouse acted in bad faith
b. Couple
c. Spouse acted in good faith

A

a. Spouse acted in bad fait

135
Q

Is the dwelling house where a person and his family reside, and the land on which it is situated.

a. Family home
b. Residence
c. Dwelling

A

a. Family home

136
Q

Family home can be setup also by .

a. An unmarried head of the family
b. Only by the married couple
c. Only by the husband

A

a. An unmarried head of the family

137
Q

Share of stock are considered.

a. Movable property
b. Commercial property
c. Business property

A

a. Movable property

138
Q

Use of public water is acquired by all, except.

a. By prescription of 5 years
b. Administrative concession
c. By prescription of 10 years

A

a. By prescription of 5 years

139
Q

Object of possession.

a. Only things that are susceptible to being appropriated
b. All real estate
c. All things and property

A

a. Only things that are susceptible to being appropriated

140
Q

Prohibits the owner of the servient estate from doing something which he could lawfully do if the easement did not exist.

a. Negative easement
b. Positive easement
c. Netraul easement

A

a. Negative easement

141
Q

Imposes upon the owner of the servient estate the obligation of allowing something to be done or of doing it himself.

a. Positive easement
b. Negative easement
c. Netraul easement

A

a. Positive easement

142
Q

Easement that are established by law.

a. Legal easement
b. Involuntary easement
c. Voluntary easement

A

a. Legal easement

143
Q

Easement that is established by will of the owners.

a. Voluntary easement
b. Legal easement
c. Involuntary easement

A

a. Voluntary easement

144
Q

Ownership can be acquire by all, except.

a. Force
b. Law
c. Donation

A

a. Force

145
Q

The scientist or technologist has the ownership of his discovery or invention.

a. Even before patented
b. After patented
c. During patenting

A

a. Even before patented

146
Q

Acknowledgement of will before a notary public.

a. Does not require copy
b. Require copy of notarized will
c. It depends

A

a. Does not require copy

147
Q

Is an act by virtue of which a testator designates in his will the person or persons who are to succeed him in his property and transmissible rights and obligations

a. Institution of heir
b. Institution of beneficiary
c. Institution devisee

A

a. Institution of heir

148
Q

Is the appointment of another heir so that he may enter into the inheritance in default of the heir originally instituted

a. Substitution
b. Proxy
c. Legitime

A

a. Substitution

149
Q

Substitution by virtue of which the fiduciary or first heir instituted is entrusted with the obligation to preserve and to transmit to a second heir the whole or part of the inheritance, shall be valid and shall take effect.

a. Fideicommisary
b. Substitution
c. Fiduciary

A

a. Fideicommisary

150
Q

Part of the testator’s property which he cannot dispose of because the law has reserved it for certain heirs who are, therefore, called compulsory heirs.

a. Legitime
b. Inheritance
c. Devise

A

a. Legitime

151
Q

Existing between persons who have the same father and the same mother.

a. Full blood relation
b. Brother
c. Half blood relation

A

a. Full blood relation

152
Q

Right created by fiction of law, by virtue of which the representative is raised to the place and the degree of the person represented

a. Representation
b. Proxy
c. Replacement

A

a. Representation

153
Q

Order of intestate succession

a. Descending line
b. Ascending line
c. Sideward line

A

a. Descending line

154
Q

In the absent of descendant and ascendant, the property goes to

a. Spouse
b. Government
c. Charity

A

a. Spouse

155
Q

Right by virtue of which, when two or more persons are called to the same inheritance, devise or legacy

a. Accretion
b. Common
c. Sharing

A

a. Accretion

156
Q

Act of liberality whereby a person disposes gratuitously of a thing or right in favor of another, who accepts it.

a. Donation
b. Gift
c. Giveaways

A

a. Donation

157
Q

Existing between persons who have the same father, but not the same mother, or the same mother, but not the same father.

a. Half blood Relation
b. No blood relation
c. Full blood relation

A

a. Half blood Relation

158
Q

Right of possession that returns to the grantor after the expiration of a limited or contingent estate.

a. Reversion
b. Escheat
c. Conversion

A

a. Reversion

159
Q

Right of possession that goes to a third party upon the expiration of a limited or contingent estate.

a. Remainder
b. Excess
c. Beneficiary

A

a. Remainde

THE REAL ESTATE BROKER’S EXAMINATION (44 decks)

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