Board Exam Simulation HD Special Technical Knowledge (100 Pts)

Question 1

Maximum non saleable area of open market and medium cost subdivision.

a.
30%

b.
40%

c.
20%

Question 2

Assists individual or firms to trade in the foreign exchange market

a.
Forex broker

b.
Property broker

c.
Real estate broker

Question 3

Refers to the surveys where the shape of the earth is taken into account in computing the results.

a.
Geodetic Surveys

b.
Earth survey

c.
Land survey

Question 4

The rights of the buyer in the event of his failure to pay the installments due for reasons other than the failure of the owner or developer to develop the project shall be governed by.

a.
RA 6552

b.
RA 5662

c.
RA 6523

Question 5

A tenant that continues from period to period such as month to month.

a.
Periodic tenant

b.
Monthly tenant

c.
Timely tenant

Question 6

Free patent for other municipalities, it should not exceed

a.
one thousand 1,000 square meters

b.
500 square meter

c.
800 square meter

Question 7

Where to apply to get the original registration of title?

a.
Regional Trial Courts

b.
Municipal court

c.
Supreme court

Question 8

The principal has the right to employ other broker.

a.
Open listing

b.
Close listing

c.
Multi listing

Question 9

The process of removing a tenant from possession of the premises for some breach of contract.

a.
Eviction

b.
Relocation

c.
Expiration

Question 10

After conducting appropriate public hearings, land conversion from agricultural to other uses is effected through the power of_____

a.
Reclassification of lands by local government units(with ordinance)

b.
Memorandum order

c.
Office order

Question 11

Minimum lot area of rowhouse for medium cost.

a.
50 sqm

b.
80 sqm

c.
100 sqm

Question 12

Allocation in percent for parks and playground if density of unit per hectare is 21 and 25.

a.
4%

b.
5%

c.
6%

Question 13

Refers to the written approval or disapproval made by a government office or agency on the application or request submitted by a client for processing.

a.
Action

b.
Evaluation

c.
Approval

Question 14

Requirement that real estate agent disclose in writing the type of agency relationship to be performed.

a.
Agency disclosure

b.
Open

c.
Disclosing

Question 15

Under PD1185, every sleeping room shall have at least______outside window.

a.
1

b.
2

c.
3

Question 16

Guide costumers to the process of selecting suitable mortgage package with competitive package offers.

a.
Mortgage broker

b.
Property broker

c.
Sellers broker

Question 17

To pledge something as collateral without giving up possession.

a.
Hypothecate

b.
Pledge

c.
Collateral

Question 18

Established birth of the condominium project.

a.
Master deed

b.
By laws

c.
Articles of Incorporation

Question 19

Authority given by a borrower for the broker to secure financing.

a.
Mortgage agency

b.
Financing agency

c.
Borrower agency

Question 20

After how many days from the date of receipt of notice of the judgment, the jdugement shall become final and executor?

a.
30 days

b.
60 days

c.
90 days

Question 21

The real estate broker must be_____to the principal.

a.
Loyal

b.
Honest

c.
Sincere

Question 22

Area allocated for parks and playgrounds shall in no case be less than.

a.
100 sqm

b.
80 sqm

c.
50 sqm

Question 23

Shall mean an area reserved exclusively for parks, playgrounds, recreational uses and other similar facilities and amenities.

a.
Open spaces

b.
Free spaces

c.
Recreational spaces

Question 24

Shall include every disposition, or attempt to dispose, for a valuable consideration, of a subdivision lot, including the building and other improvements thereof, if any, in a subdivision project or condominium unit in a condominium project.

a.
Sale or sell

b.
Foreclose

c.
Auction

Question 25

Which of the statements best explains Republic Act No. 7905? a. An Act to Strengthen the Implementation of the Comprehensive Agrarian Reform Program, and for Other Purposes. (1995) - Created & funded Office of Support Services b. An Act to for Agrarian Reform Program, and for Other Purposes. (1995) - Created & funded Office of Support Services c. An Act for Comprehensive Agrarian Reform Program, and for Other Purposes. (1995) -Created & funded Office of Support Services

Question 26

Established the birth of the condominium corporation. a. Articles of incorporation b. By-laws c. Master deed

Question 27

All are methods of describing real estate for legal description except, a. Base b. Metes and bounds c. Rectangular

Question 28

An agreement where only the SELLER shall execute the deed of absolute sale and will not be signed by the buyer a. Unilateral Deed of Sale b. Bilateral deed of sale c. Onerous deed of sale

Question 29

The advantage of multiple listing is that the property is better advertised to more brokers at the soonest time possible. a. True b. False c. Maybe

Question 30

Symbols and common tie points BLBM means. a. Bureau of Lands Barrio Boundary Monument. b. Basic Lands Barrio Boundary Monument. c. Bureau of Lands Barrio Boundary Marking

Question 31

Refers to the land and all those items which are attached to the land. a. Real Property b. Real Estate c. Realty

Question 32

Conflict of provision between article of incorporation and master deed, which shall prevail. a. Master deed b. Article of Incorporation c. Association

Question 33

The_______is the one who receive commission on property being sold. a. Broker b. Cashier c. seller

Question 34

Refers to the land survey maps containing details of elevation and condition of the land a. Topographic b. Geographic c. Area Maps

Question 35

What is the role of the Department of Agriculture's Integrated Protected Area System (I PAS) a. To ensure food security and to maintain ecological balance. b. To ensure food availability and to maintain ecological sustainability. c. To ensure food scarcity and to maintain ecological imbalance balance.

Question 36

The following are plans approved by the Land registration Authority except a. FPA - Free Patent Application b. PSD - Private Subdivision of titled properties c. PCS - Private Consolidation-Subdivision of titled properties

Question 37

Major road right of way for open market if project size is 2.5 hectare and below. a. 10 m b. 12 m c. 15 m

Question 38

The minimum distance between two buildings wherein the taller building has 3 or 4 storeys, shall be_____. a. 6.0 meters b. 8.0 m c. 10.0 m

Question 39

The angle from the north or south whichever is nearest. a. Bearing b. Direction c. Vertical Height

Question 40

Width of Planting Strips for open market if road width is 15 m. a. 1.3 m b. 1.2 m c. 3 m

Question 41

Refers to individuals or groups who occupy lands without the express consent of the landowner and who have sufficient income for legitimate housing. a. Professional squatters b. Professional land grabber c. Intruder

Question 42

Finds a specified property in exchange for the principal's property. a. Exchanged Agency b. Property agency c. Finders agency

Question 43

A legal document in which property is transferred to third party trustee as security for an obligation. a. Trust deed b. Collateral c. Warranty deed

Question 44

Minimum lot area for socialized housing duplex. a. 48 sqm b. 50 sqm c. 45 sqm

Question 45

Multi-family dwellings and condominiums, the parking requirement per eight (8) living units. a. 1 parking slot b. 2 parking slot c. 3 parking slot

Question 46

A parcel of land bounded on the sides by streets occupied by or intended for buildings. a. Block b. Land division c. Parcel

Question 47

Minimum lot area for socialized housing single detached. a. 64 sqm b. 50 sqm c. 45 sqm

Question 48

Minimum Lot Frontage of medium cost regular lot a. 10 m b. 12 m c. 8 m

Question 49

Maximum saleable are of open market and medium cost subdivision. a. 70% b. 50% c. 30%

Question 50

Formation of Condominium Corporation is. a. Optional b. Necessary c. It depends

Question 51

To have full knowledge of all facts and circumstances affecting the transaction refers to__ a. Right of the Principal b. Right of the broker c. Right of seller

Question 52

The term of the condominium corporation is coterminous with the condominium_____. a. Project b. Building c. Association

Question 53

Refers to the art of using scientific principles to make comparatively large measurements to a required accuracy a. Land Surveying b. Land Contract c. Land Title

Question 54

Refers to the acquisition of lots or varying ownership through purchase or expropriation for the purpose of planned and rational development and socialized housing programs without individual property boundary restrictions. a. Land assembly b. Land consolidation c. Land combination

Question 55

A real estate salesperson must pass a licensure exam. a. False b. True c. Maybe

Question 56

Is it true that the General power of attorney is for different situation while special power of attorney is for specific situation? a. Yes b. No c. Maybe

Question 57

The minimum horizontal clearance between buildings with more than 4 storeys. a. 10 meters b. 8 m c. 6 m

Question 58

A real estate dealer is known as a______while the broker as agent. a. Principal b. Agency c. Owner

Question 59

Professional squatters or members of squatting syndicates shall be imposed the penalty of a. Six (6) years imprisonment or a fine of not less than Sixty thousand pesos (P60,000) but not more than One hundred thousand pesos (P100,000), or both. b. Five (5) years imprisonment or a fine of not less than Sixty thousand pesos (P60,000) but not more than One hundred thousand pesos (P100,000), or both. c. Four (4) years imprisonment or a fine of not less than Sixty thousand pesos (P60,000) but not more than One hundred thousand pesos (P100,000), or both.

Question 60

Refers to the program of the National Housing Authority of upgrading and improving blighted squatter areas within the cities and municipalities of Metro ManilA. a. Zonal Improvement Program b. Town improvement program c. Rural improvement program

Question 61

A firm that conduct transactions on behalf of the client. a. Brokerage firm b. Agent firm c. Real estate firm

Question 62

Minimum floor area for medium cost housing shelter component. a. 30 sqm b. 20 sqm c. 40 sqm

Question 63

No____ shall employ any salesman, who is not registered as such with the Commission. a. Broker b. Business c. Corporation

Question 64

What is the instrument is an instrument use for authorizing another to act as one's agent or attorney. a. Power of Attorney b. Agent c. Registration of Deeds

Question 65

An angle from a vertical line down to a given point. a. Zenith Angle b. Vertical Angle c. Horizontal angle

Question 66

Planting strip for BP 220 if right of way is 8 m. a. 0.4 m b. 0.2 m c. Im

Question 67

Single-family detached dwelling unit containing three or more separate living units grouped closely together to form relatively compact structures. a. Cluster housing b. Single family housing c. Dwelling

Question 68

Refers to the commitment or agreement by two (2) or more persons to carry out a specific or single business enterprise for their mutual benefit, for which purpose they combine their funds, land resource, facilities and services. a. Joint ventures b. Partnership c. Corporation

Question 69

Urban Development and Housing Act of 1992. a. RA7279 b. RA 7972 c. RA 7892

Question 70

Refers to contracts or agreements willfully executed by the landowner or his duly authorized representative such as sales, lease, mortgages, donations, exchanges, trust, or variations thereof, affecting the real estate. a. Voluntary transaction b. Involuntary transaction c. Registration of Land

Question 71

A kind of listing, as to form, where it can be through vocal. a. Verbal listing b. Documented c. Written

Question 72

Path walk intended only as pedestrian access to property for socialized housing projects shall have a maximum length of____ a. 60 m b. 50 m c. 70 m

Question 73

Weeks that License to sell shall be obtained by developer from registration of project. a. Two weeks b. Three weeks c. Four weeks

Question 74

Pays the commission on property being sold. a. Owner b. Buyer c. Government

Question 75

The Land Registration Act, effective Feb. 1,1903, is a system of registration that was named after______ a. Sir Reinaid Torrens b. Sir Robert Torrens c. Sir Richard Torrens

Question 76

Facilities or structures intended to serve common needs and for the benefit of the community, such as neighborhood/ multipurpose center, drugstore, school, livelihood center, and the like. a. Community facility b. Common facility c. Public facility

Question 77

It refers to the transfer of title or disposal of interest in property by voluntarily, completely and actually depriving or dispossessing oneself of his right or title to it in favor of a person or persons other than his spouse and relatives. a. Divestment b. Disposal c. Deprivation

Question 78

Stairways shall have a minimum clear width. a. 0.60 meter b. Im c. 0.8 m

Question 79

No real estate dealer, broker or salesman shall engage in the business of selling subdivision lots or condominium units unless he has. a. Registered with HLURB b. Registered with DENR c. Registered with DTI

Question 80

The final payment of a note that is substantially larger than the previous payment and repay the debt in full. a. Balloon payment b. Final payment c. Full payment

Question 81

Pays realty tax in condominium project. a. Individual unit owner b. Corporation c. Association

Question 82

Refers to the process where terms and conditions were accepted by both parties. a. Closing b. Offering c. Negotiating

Question 83

What type of power of attorney authorizes your Agent to act on your behalf in a variety of different situations for administration and general supervision and management a. General power of attorney b. Special power of attorney c. Specific power attorney

Question 84

Instances in which Condominium Corporation shall be voluntarily dissolved. a. That the project has been in existence in excess of 50 years, that it is obsolete and uneconomical, and that more than 50 percent of the members of the corporation opposed to the repair b. That the project has been in existence in excess of 30 years, that it is obsolete and uneconomical, and that more than 50 percent of the members of the corporation opposed to the repair c. That the project has been in existence in excess of 40 years, that it is obsolete and uneconomical, and that more than 50 percent of the members of the corporation opposed to the repair

Question 85

Refers to all cities regardless of their population density and to municipalities with a population density of at least five hundred (500) persons per square kilometer. a. Urban areas b. Rural areas c. Town areas

Question 86

Minimum level of completion of single detach economic housing. a. Complete house b. Full house c. Shell house

Question 87

Hold title on the land of the condominium project. a. Condominium Corporation b. Association c. Project owner

Question 88

Crown of the roads shall have a slope of not less than. a. 1.5% b. 3% c. 5%

Question 89

Minimum strength for road pavement a. 20.7 Mega Pascal b. 21.7 Mega Pascal c. 22.7 Mega Pascal

Question 90

Symbols and common tie points CBM means. a. City Boundary Monument b. City Boundary Marking c. City Barangay Monument

Question 91

A real estate dealer is a principal. a. True b. False c. Maybe

Question 92

Minimum number of houses per block or cluster. a. 20 unit b. 15 unit c. 10 unit

Question 93

Who can issue restraining orders against government agencies in agrarian reform cases a. Only the Supreme Court b. DAR c. DENR

Question 94

Minimum floor area of shelter component for economic housing duplex a. 22 sqm b. 20 sqm c. 25 sqm

Question 95

Land use allocation activities are subject to the standard setting, review of, and conflict resolution powers of the_____ a. Housing and Land use Regulatory Board (HLURB) b. NHA c. DENR

Question 96

Side walk for BP 220 if right of way is 12 m. a. 1.2 m b. 1 m c. 1.5 m

Question 97

Refers to a contract wherein a person binds himself to render some service on behalf of others. a. Agency b. Sales c. Contract

Question 98

The firewall shall be of masonry construction. a. at least 150 millimeters or 6 inches thick b. at least 100 millimeters or 6 inches thick c. at least 50 millimeters or 6 inches thick

Question 99

Refers to groups of persons engaged in the business of squatter housing for profit or gain. a. Squatting syndicates b. Developer c. Squatter

Question 100

Minimum lot area of single detach open market. a. 120 sqm b. 100 sqm c. 110 sqm