Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

ProfPrac > PD 957 Definition Of Terms > Flashcards

PD 957 Definition Of Terms Flashcards

1
Q

Shall mean the Housing and Land Use Regulatory Board

A

Board or HLURB

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

A parcel of land bounded on the sides by streets or alleys or pathways or other natural or man-made features, and occupied by or intended for buildings

A

Block

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A building or group of buildings, used for office, business, professional services and other commercial enterprises organized, owned and maintained as a condominium

A

Commercial Condominium

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Means the entire project excepting all units separately granted, held or reserved

A

Common Areas

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Facilities or structures intended to serve common needs and for the benefit of the community such as schools, places of worship, hospitals, health centers, barangay centers and other similar facilities/amenities per PD 1216

A

Community Facilities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Shall mean an interest in real property consisting of a separate interest in a unit in a residential, industrial or commercial building and an undivided interest in common directly or indirectly, in the land on which it is located and in other common areas of the building.

A

Condominium

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Means the entire parcel of real property divided or to be divided in condominium, including all structures thereon

A

Condominium Project

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

A building in which each individual unit is held in separate private ownership and all floor space, facilities and outdoor areas used in common by all tenants are owned, administered and maintained by a corporation created pursuant to the provisions of the appropriate statute.

A

Condominium

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

A building or group of buildings, in which units are owned individually, and the structure, common areas and facilities are owned by the owners on a proportional undivided basis

A

Condominium

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Means a part of the condominium project intended for any type of independent use or ownership, including one or more floors in a building or buildings and such accessories as may be appended thereto

A

Condominium Unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Shall mean any person directly engaged as principal in the business of buying, selling or exchanging real estate whether on full time or part-time basis

A

Dealer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Shall mean any person who acquires a lot or a portion of the subdivision and who, with or without re-subdividing or introducing housing or other facilities, sell the same, under its previous license to sell or in a new license to sell in his name to the public

A

Bulk Buyer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Shall mean Presidential Decree No. 957 otherwise known as “The Subdivision and Condominium Buyer’s Protective Decree”

A

Decree

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

A structure designed or used as residence

A

Dwelling Unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

4 types of dwelling types

A
  1. Single Detached
  2. Single Attached
  3. Duplex
  4. Rowhouse
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

A dwelling unit completely surrounded by yards

A

Single Detached

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

A dwelling unit with one side attached to a firewall

A

Single Attached

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

A dwelling unit containing 2 separate living units each of which is separated from another by a firewall and provided with independent access

A

Duplex

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Dwelling units containing 3 or more living units designed in such a way that they abut each other and are separated from each other by a firewall each unit provided with independent access.

A

Rowhouse

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Any wall which subdivides a building so as to resist the spread of fire, by starting at the foundation and extending continuously through all storeys to, or above the roof.

A

Firewall

21
Q

The side of a lot which abuts a street

A

Frontage

22
Q

A dwelling, or portion thereof, providing complete loving facilities for one family, including provisions for living, sleeping, cooking, eating, bathing and toilet facilities and laundry facilities, the same as a single-family dwelling

A

Living Unit

23
Q

A portion of a subdivision or any parcel of land intended as a unit for transfer or ownership for building development

A

Lot

24
Q

Types of Lot

A
  1. Corner Lot
  2. Regular Lot
  3. Interior Lot
  4. Through Lot
  5. Irregular Lot
25
Q

A lot situated at the intersection of two or more streets

A

Corner Lot

26
Q

A lot fronting on one street and the remaining sides bounded by lot lines

A

Regular Lot

27
Q

A lot located at the inner portion of a block with a minimum of 3m wide access which forms part of the lot

A

Interior Lot

28
Q

A lot bounded on two opposite sides by roads

A

Through Lot

29
Q

Any lot which is not rectangle nor square-shaped

A

Irregular Lot

30
Q

Refers to housing projects where prices of house and lot packages are within the suggested price ranges as determined through HUDCC resolution and falling under the standards prescribed in these rules

A

Medium Cost and Open Market

31
Q

Shall refer to an area reserved exclusively for parks, playgrounds, recreational uses, schools, roads, places of worship, hospitals, health centers, barangay centers and other similar facilities and amenities

A

Open Space

32
Q

Means the entire parcel of real property divided or to be divided in condominiums, including all structures thereon

A

Project

33
Q

Shall mean a natural or a juridical person

A

Person

34
Q

Refers to a business firm whether a corporation, partnership, cooperative or association or a single proprietorship

A

Juridical Person

35
Q

Shall include every disposition or attempt to dispose, for a valuable consideration, of a subdivision lot, including the building and other improvements thereof

A

Sale or sell

36
Q

Shall include any contract to buy, purchase, or otherwise acquire for a valuable consideration a subdivision lot, including the building and other improvements

A

Buy and Purchase

37
Q

Shall mean a tract or a parcel of land registered under Act No. 496 which is partitioned primarily for residential purposes into individual lots with or without improvements thereon

A

Subdivision Project

38
Q

Shall mean any of the lots, whether residential, commercial, industrial, or recreational, in a subdivision project

A

Subdivision Lot

39
Q

Shall mean a subdivision plan of a registered land wherein a street, passageway or open space is delineated on the plan

A

Complex Subdivision Plan

40
Q

Shall mean the entire parcel of real property divided or to be divided primarily for residential purposes into condominium units, including all structures thereon

A

Condominium Project

41
Q

Shall mean a part of the condominium project intended for any type of independent use or ownership, including one or more rooms or spaces located in one or more floors in a building or buildings and such as accessories as may be appended thereto

A

Condominium Unit

42
Q

Shall refer to the registered owner of the land subject of a subdivision or a condominium project

A

Owner

43
Q

Shall mean the person who develops or improves the subdivision project or condominium project for and in behalf of the owner thereof

A

Developer

44
Q

Shall mean any person directly engaged as principal in the business of buying, selling or exchanging real estate whether on a full-time or part-time basis

A

Dealer

45
Q

Shall mean any person who, for commission or other compensation, undertakes to sell or negotiate the sale of a real estate belonging to another

A

Broker

46
Q

Shall mean any person who for commission or other compensation undertakes to sell or negotiate the sale of a real estate belonging to another

A

Broker

47
Q

Shall refer to the person regularly employed by a broker to perform, for and in his behalf, any or all the functions of a real estate broker

A

Salesman

48
Q

Shall mean the National Housing Authority

A

Authority

ProfPrac (7 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions