Board Exam Simulation HD Special Technical Knowledge (100 Pts) Flashcards
Maximum non saleable area of open market and medium cost subdivision.
a.
30%
b.
40%
c.
20%
Assists individual or firms to trade in the foreign exchange market
a.
Forex broker
b.
Property broker
c.
Real estate broker
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
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
A tenant that continues from period to period such as month to month.
a.
Periodic tenant
b.
Monthly tenant
c.
Timely tenant
Free patent for other municipalities, it should not exceed
a.
one thousand 1,000 square meters
b.
500 square meter
c.
800 square meter
Where to apply to get the original registration of title?
a.
Regional Trial Courts
b.
Municipal court
c.
Supreme court
The principal has the right to employ other broker.
a.
Open listing
b.
Close listing
c.
Multi listing
The process of removing a tenant from possession of the premises for some breach of contract.
a.
Eviction
b.
Relocation
c.
Expiration
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
Minimum lot area of rowhouse for medium cost.
a.
50 sqm
b.
80 sqm
c.
100 sqm
Allocation in percent for parks and playground if density of unit per hectare is 21 and 25.
a.
4%
b.
5%
c.
6%
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
Requirement that real estate agent disclose in writing the type of agency relationship to be performed.
a.
Agency disclosure
b.
Open
c.
Disclosing
Under PD1185, every sleeping room shall have at least______outside window.
a.
1
b.
2
c.
3
Guide costumers to the process of selecting suitable mortgage package with competitive package offers.
a.
Mortgage broker
b.
Property broker
c.
Sellers broker
To pledge something as collateral without giving up possession.
a.
Hypothecate
b.
Pledge
c.
Collateral
Established birth of the condominium project.
a.
Master deed
b.
By laws
c.
Articles of Incorporation
Authority given by a borrower for the broker to secure financing.
a.
Mortgage agency
b.
Financing agency
c.
Borrower agency
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
The real estate broker must be_____to the principal.
a.
Loyal
b.
Honest
c.
Sincere
Area allocated for parks and playgrounds shall in no case be less than.
a.
100 sqm
b.
80 sqm
c.
50 sqm
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
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
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
Established the birth of the condominium corporation.
a.
Articles of incorporation
b.
By-laws
c.
Master deed
All are methods of describing real estate for legal description except,
a.
Base
b.
Metes and bounds
c.
Rectangular
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
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
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
Refers to the land and all those items which are attached to the land.
a.
Real Property
b.
Real Estate
c.
Realty
Conflict of provision between article of incorporation and master deed, which shall prevail.
a.
Master deed
b.
Article of Incorporation
c.
Association
The_______is the one who receive commission on property being sold.
a.
Broker
b.
Cashier
c.
seller
Refers to the land survey maps containing details of elevation and condition of the land
a.
Topographic
b.
Geographic
c.
Area Maps
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.
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
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
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
The angle from the north or south whichever is nearest.
a.
Bearing
b.
Direction
c.
Vertical Height
Width of Planting Strips for open market if road width is 15 m.
a.
1.3 m
b.
1.2 m
c.
3 m