Real Estate Finance and Economics

Question 1

If a corporation builds a factory, it will employ construction workers and their suppliers as well as those who work in the factory. The statement best explains .

Answer 1

an effect in Macroeconomics

Question 2

The price of real estate has a tendency to go down in view of the excess in supply vs. the actual demand of the market, is normally referred to as

Answer 2

Buyers Market

Question 3

The movement of prices will tend to go up because of the higher demand.

a.
Sellers Market

b.
Public market

c.
Buyers Market

Answer 3

a.
Sellers Market

Question 4

Which occurs because a good becomes relatively more expensive when its price rises?

Answer 4

Substitution effect

Question 5

When the price of a commodity is raised, buyers tend to buy less of commodity.

Answer 5

Law of downward –sloping demand

Question 6

Important kinds of market structures are .

Answer 6

Monopoly , oligopoly, monopolistic and perfect competition .

Question 7

The pag-ibig maximum loan amount. (2017)

Answer 7

6 million

Question 8

Penalty of the amount due for everyday of delay of pag-ibig loan.

Answer 8

1/20 of 1%

Question 9

The primary asset of modern commercial banks, accounting for nearly two thirds of assets.

Answer 9

Loans

Question 10

Take deposits and make loans; they are what most people think of as bank.

Answer 10

Depository Institutions

Question 11

A financial institution that include brokers, investment banks, under writers and mutual fund companies.

Answer 11

Securities firms

Question 12

The shares of stock of the REIT must be registered with the Commission and listed in accordance with the rules of the Exchange.

Answer 12

Registration and Listing

Question 13

Loans over P400 to P3M maybe subject to repricing

Answer 13

Every 3 years but not to exceed 2% from the original rate

Question 14

Refinancing loan 5% of the loan amount retained to ensure cancellation of mortgage/s prior to PAG-IBIG Fund is referred to

Answer 14

Retail Accounts

Question 15

A REIT that owns land located in the Philippines must comply with the foreign ownership limitations imposed under the Philippine law.

Answer 15

NATIONALITY REQUIREMENT

Question 16

Provides and sets of a domino effect on other economic activities which can be referred to the “multiplier effect of real estate”.

Answer 16

The housing or real estate sector

Question 17

In REIT, A fine of not less than P200,000 nor more than P5,000,000.00 or imprisonment of not less than 6 years and 1 day nor more than 21 years referred as

Answer 17

PENAL PROVISION

Question 18

Pag-ibig loan charges and deductions processing fee.

Answer 18

3,000.00

Question 19

Is a stock corporation established in accordance with the Corporation Code of the Philippines and the rules and regulations promulgated by the Commission principally for the purpose of owning income-generating real estate assets.

Answer 19

REIT or Real Estate Investment Trust

Question 20

Deductions on the first loan release:

Answer 20

6 months interim insurance and 2k processing fee

Question 21

Interim interest and advance one year insurances.

Answer 21

Deductions on final loan releases

Question 22

Is by definition equal to price times quantity (PxQ)

Answer 22

TOTAL REVENUE

Question 23

The practice of charging different prices for the same service to different customers

Answer 23

Price Discrimination

Question 24

We mean the ultimate economic effect of a tax on the real incomes of producers and consumers by

Answer 24

Incidence

Question 25

Whether or not the country provides equal health care for all its residents ,health care must be rationed because.

Answer 25

Supply is limited

Question 26

Takes large individual risks and spreads them so broadly that they become acceptable to a large number of individuals

Answer 26

INSURANCE

Question 27

Refers to the flow of wages ,interest payments ,dividends ,and other things of value accruing during a period of time .

Answer 27

INCOME

Question 28

Use as an instrument to help finance and develop infrastructure projects

Answer 28

CAPITAL MARKET

Question 29

What is the interest rate if the pag-ibig loan amount is over P2M-P3.0M ?

Answer 29

11.5%

Question 30

Based on the Pag-ibig membership Contribution if the loan entitlement over P1.7 M to 1.8 M ,what will be the monthly contribution ?

Answer 30

850

Question 31

To be paid upon filing of pag-ibig Housing Loan Application, non-refundable

Answer 31

1000

Question 32

To be deducted from the loan proceeds of pag-ibig loan

Answer 32

2000

Question 33

The loan amount retained to ensure cancellation of mortgage/s prior to PAG-IBIG FunD.

Answer 33

5%

Question 34

Even if a thing has utility, it will not have value if it is overabundant.

Answer 34

SCARCITY

Question 35

Pag-ibig monthly repayment shall not exceed of the borrowers gross monthly income for loans not exceeding P1,250,000.

Answer 35

35%

Question 36

REIT act of 2009

Answer 36

RA 9856

Question 37

REIT distribute at least of its distributable income as dividenD.

Answer 37

90%

Question 38

Minimum total stock public ownership of shareholders in REIT

Answer 38

50,000 SHARES

Question 39

Refer to funds of the REIT that can be placed in investment vehicles other than income generating real estate

Answer 39

Investible Funds