moc 56 Flashcards
Property rights are anchored on:
a.
Article XIII Section 1 of the Philippine Constitution
b.
Civil Code of the Philippines
c.
Philippine Constitution and Social Justice Rights
d.
Fundamentals of Property ownership
a.
Article XIII Section 1 of the Philippine Constitution
To this end, the State shall regulate the acquisition, ownership, use, and disposition of property and its
a.
Improvements
b.
Increments
c.
Investments
d.
Intelligence
b.
Increments
The Board shall adopt and promulgate the Code of Ethics and Responsibilities for real estate service practitioners which shall be prescribed and issued by the:
a.
PRC
b.
CHED
c.
PRBRES
d.
AIPO
c.
PRBRES
An Act to ordain and institute a National Building Code of the Philippines is known as:
a.
RA 9700
b.
RA 6541
c.
RA 7905
d.
RA 6657
b.
RA 6541
The Board shall create a CPE Council consisting of the following excluding:
a.
a chairperson coming from PRB-RES
b.
a member from the academe
c.
a member from the AIPO
d.
a member from the PRC
d.
a member from the PRC
A process of compiling factual data and information for the purpose of determining the likelihood that a project development will fulfill the objectives of the investment.
a.
Marketability Study
b.
Market Study
c.
Market Analysis
d.
Feasibility Study
d.
Feasibility Study
Identify which of the following is not ethical with respect to a realty practitioner’s Relations to his Organization Including the National Association to which his Organization is affiliated:
a.
the obligation to serve honestly, selfishly, diligently and properly.
b.
should support his organization morally and financially and to actively support its plans, programs and projects for the benefit of all the members of the organization or association
c.
should exhaust all administrative remedies available under the existing laws, rules and regulations before taking any judicial or quasi-judicial action.
d.
should support other organization morally and financially and to actively support its plans, programs and projects for own personal growth.
d.
should support other organization morally and financially and to actively support its plans, programs and projects for own personal growth.
It is an act of the legislature, adopted pursuant to its constitutional authority, under a prescribed procedure and in a certain form
a.
Decree
b.
Jurat
c.
Statute
d.
Republic Act
c.
Statute
Land Administration includes the following processes, except:
a.
to record and register private rights on state lands
b.
to manage state lands
c.
Land Management
d.
Land Development
d.
Land Development
The Main Law is the fundamental and highest governing law of the land. This is referred to as the:
a.
1935 Philippine Constitution
b.
1987 Philippine Constitution
c.
Both A & B
d.
None of the Above
b.
1987 Philippine Constitution
An administrative process under Public Land Act for those who could not establish sufficient legal basis for title, but had occupied the land for the length of time prescribed by the law.
a.
Sales Patent
b.
Free Patent
c.
Patent
d.
Homestead Patent
b.
Free Patent
This is the annualized yield rate or rate of return on capital that is generated or capable of being generated within an investment or portfolio over a period of ownership
a.
Overall Capitalization Rate
b.
Discount Rate
c.
Yield Rate
d.
Internal Rate of Return
d.
Internal Rate of Return
Currently about 24.2 million parcels are within A&D;
a.
13.1 million already titled and 11.1 million untitled lands
b.
13 million already titled and 11.2 million untitled lands
c.
13.2 million already titled and 11 million untitled lands
d.
12 million already titled and 12 million untitled lands
a.
13.1 million already titled and 11.1 million untitled lands
The settlement of undeveloped areas by gratuitously conveying to individuals parcels of land subject to conditions (residence in and cultivation of land within a certain timeframe)
a.
Sales Patent
b.
Free Patent
c.
Patent
d.
Homestead Patent
d.
Homestead Patent
Any violation of R.A. 9646, including that of the IRR shall be meted the penalty of a fine of not less than:
a.
P200,000.00 or imprisonment of 2 years or both
b.
P100,000.00 or imprisonment of 2 years or both
c.
P100,000.00 or 2 yrs imprisonment or both upon the discretion of the court
d.
P200,000.00 or 2 yrs imprisonment or both upon the discretion of the court
c.
P100,000.00 or 2 yrs imprisonment or both upon the discretion of the court
Promulgates different levels of standards and technical requirements for economic and socialized housing projects:
a.
PD 1216
b.
BP 220
c.
PD 1517
d.
PD 1586
b.
BP 220
The Chairman of the PRC shall include in the Commission’s Programs the implementation of the Act, the funding of which shall be included in the:
a.
General Appropriations Act
b.
General Program of the Commission
c.
General Information Sheet
d.
General Revenue Act
a.
General Appropriations Act
Provides for protection of legitimate tenants and requires clearance for development proposals and land transactions in proclaimed Areas for Priority Development (APDs) and Urban Land Reform Zones (ULRZs).
a.
PD 1216
b.
PD 957
c.
PD 1517
d.
PD 1586
c.
PD 1517
Refers to the Home Guaranty Act which transferred to HLURB all the powers, authorities and responsibilities with respect to supervision of homeowners associations:
a.
RA 8763
b.
RA 7279
c.
RA 6652
d.
RA 7160
a.
RA 8763
The value of a business as a whole is referred to as
a.
value in use
b.
going concern value
c.
investment value
d.
mortgage lending value
b.
going concern value
Which of the following subjects is not included in the Scope of Examination for Real Estate Brokers Licensure Examination?
a.
Real Estate Laws & Taxation
b.
Basic Principles of Ecology
c.
Documentation & Registration
d.
Theories & Principles in Appraisal
d.
Theories & Principles in Appraisal
This law refers to the Real Investment Trust Act of 2009:
a.
RA 4726
b.
RA 7279
c.
RA 9856
d.
RA 7160
c.
RA 9856
