Code of Ethics & Responsibilites for Real Estate Service Practitioners

Question 1

what law is the Code of Ethics & Responsibilities for Real Estate Service Practitioners

Answer 1

PRBRES Res. No. 39, Series of 2019

Question 2

PRBRES Res. No. 39 was done on

Answer 2

May 6, 2019

Question 3

PRBRES Res. No. 39, Series of 2019 was published on the Official Gazette on

Answer 3

July 29, 2019

Question 4

PRBRES Res. No. 39 has ____ articles

Answer 4

6

Question 5

PRBRES Res No. 39, Series of 2019 is in pursuant to _____ and _____ of RA 9646

Answer 5

Section 5 of Article II and Section 35 of Article IV

Question 6

PRBRES Res. No. 39, Series of 2019 effectivity

Answer 6

August 14, 2019

Question 7

The Real Estate Service practice is an ___ that has a vital role in the social, political, and economic development and progress of the country.

Answer 7

honorable profession

Question 8

With, the highest regard for the mandates of the law, the Board aspires to produce, develop, and nurture a corps of technically competent, responsible, and respected professionals whose standards of practice shall be nationally and globally ___

Answer 8

competitive

Question 9

Code of Ethics is adopted and promulgated to govern the duties and responsibilities of RESPs to the:

Answer 9

The Government
General Public
The Client
The Fellow Practitioners
AIPO

Question 10

what are the articles of the code of ethics

Answer 10

Article I - Scope and Coverage of the Code of Ethics
Article II - General Provisions and Declaration of Principles
Article III - Professional Rules of Ethics and Responsibilities
Article IV - Specific Duties and Responsibilities
Article V - Final Provision
Article VI - Effectivity

Question 11

Scope and Coverage of the Code of Ethics

Answer 11

Real Estate Consultants
Real Estate Appraisers
Real Estate Assessors
Real Estate Brokers
Real Estate Salespersons

Question 12

Code of Ethics. Section 2. Article II. The practitioner shall exercise the profession with utmost ___, ___, ___, ___, ___, ___

Answer 12

Courtesy
Integrity
Sincerity
Fidelity
Responsibility
Respect

Question 13

Code of Ethics. Article II. Section 5. The practitioner shall promote the value of ___, ___, ___, ___ in his/her professional relationship

Answer 13

Camaraderie
Unity
Solidarity
Synergy

Question 14

Code of Ethics. Article III. Section 3. To the client. Be honest and trustworthy and observe ___, ___, ___, ___ in his/her professional practice

Answer 14

Fairness
Impartiality
Loyalty
Sincerity

Question 15

Article V. Any violation of this Code of Ethics and Responsibilities shall give rise to sanctions such as ___, ___, ___, ___

Answer 15

Reprimand
Suspension
Revocation of License
Other penalties