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THE REAL ESTATE BROKER’S EXAMINATION > REBLEX 01 2023 / Mock-Up Exam 13 (100 Pts) > Flashcards

REBLEX 01 2023 / Mock-Up Exam 13 (100 Pts) Flashcards

1
Q

Surveys whose principal purposes is the determination of data relating to bodies of water are referred to as

a.
Hydrographic survey

b.
Marine survey

c.
Aquatic survey

d.
Aquagraphic survey

A

a.
Hydrographic survey

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2
Q

A lease arrangements in which the tenants pays fixed rent and the landlord pays all the operating expenses of the property is called a -

a.
Gross lease

b.
Net lease

c.
Percentage lease

d.
Ground lease

A

a.
Gross lease

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3
Q

Under the Urban Land Reform Law (P.D. 1517), specific barangays comprising a population former population are considered “urban lands” when it has a population density of persons per sq. km. and where at least 50% of economically active residents are engaged in non-agricultural activities.

a.
greater than 500 but less than 1,000

b.
1,000

c.
1,500

d.
2,000

A

a.
greater than 500 but less than 1,000

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4
Q

Where buyers and sellers meet to exchange/trade goods and services with value at negotiated prices

a.
Economy

b.
Industry

c.
Market

d.
Negotiation

A

c.
Market

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5
Q

A real estate practitioner has the obligation to inform government about deceptive, unfair and unconscionable acts of other unscrupulous practitioners as part of his duty to

a.
Protect the interest of the public

b.
Abide by the rules of conduct in relation to government

c.
Protect and promote the interest of his clients

d.
Abide by the rules of conduct in relation to fellow practitioners.

A

a.
Protect the interest of the public

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6
Q

High interest rates for the peso will lead to –

a.
More investments and business expansion

b.
Increase in consumer spending

c.
Potential for currency appreciation

d.
None of the above

A

d.
None of the above

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7
Q

Which of the following is not needed by the real estate service practitioner before practicing

a.
Mayor’s permit with the LGU

b.
BIR Certificate of registration

c.
Professional tax receipt from the LGU

d.
Professional I.D. and license from the PRC

A

a.
Mayor’s permit with the LGU

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8
Q

All real estate brokers and private real estate appraisers shall be required to post a professional indemnity insurance/cash or surety bond, renewable every three (3) years, in an amount to be determined by the Board, which in no case shall be less than

a.
P 20,000.

b.
P 40,000.

c.
P 25,000.

d.
P 50,000.

A

a.
P 20,000.

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9
Q

Under the Urban Land Reform Law (P.D. 1517), cities and municipalities in their entirety and other are considered “urban lands” in their entirety when it has a population density of at least persons per sq. km. and where at least 50% of economically active residents are engaged in non-agricultural activities.

a.
500

b.
1,500

c.
1,000

d.
2,000

A

c.
1,000

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10
Q

The new program to be implemented by the PRC which aims to enhance the quality of professionals -

a.
Continuing professional development (CPD)

b.
Career progression and specialization (CPS)

c.
Continuing professional education (CPE)

d.
Philippine quality framework (PQF)

A

b.
Career progression and specialization (CPS)

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11
Q

If someone publishes an untrue and disparaging statement about another person’s real property -

a.
Adverse claim

b.
Slander of title

c.
Libel

d.
Fake news

A

b.
Slander of title

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12
Q

During negotiations for the sale of an empty lot, a property seller misrepresents to the buyer that the land is suitable for constructing an office building. The sales contract they sign is

a.
Valid

b.
Void

c.
Voidable by the buyer

d.
Voidable by either party

A

c.
Voidable by the buyer

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13
Q

In a judicial foreclosure, the owner of a property has 3 months before approval of court order to redeem his/her land. A Right of redemption

a.
Equity of redemption

b.
Reglementary period

c.
Prescriptive period

A

a.
Equity of redemption

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14
Q

In a judicial foreclosure, the owner of a property has 3 months before approval of court order to redeem his/her land. A Right of redemption

a.
Equity of redemption

b.
Reglementary period

c.
Prescriptive period

A

a.
Equity of redemption

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15
Q

In the delta/estuary sub-zone, the following uses is allowed:

a.
C and d

b.
Resort buildings with boating piers

c.
Shell gathering

d.
Regulated fishing activities

A

a.
C and d

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16
Q

Under the Urban Land Reform Law (PD 1517), the acquisition of lots of varying ownership through, among others, expropriation or negotiated purchase for the purpose of planning a project is –

a.
Land Banking.

b.
Land Exchange.

c.
Land Use Plan.

d.
Land Assembly .

A

d.
Land Assembly .

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17
Q

A kind of survey which use photographs to determine configuration of land, man made and natural features?

a.
Photogrammetry survey

b.
Relocation survey

c.
Hydrographic survey

d.
Cadastral survey

A

a.
Photogrammetry survey

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18
Q

Refers to an amount accompanying an offer to buy or purchase. it is considered as part of the contract price.

a.
Earnest

b.
Escrow

c.
Listing

d.
Option

A

a.
Earnest

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19
Q

A map that identifies flood-prone and landslide-prone areas in the country and shows which areas have high chances of soil erosion which area are low-lying and flood-prone areas is referred to as a

a.
Geohazard map

b.
Philvocs ecomap

c.
Hazard map

d.
Soil hazard map

A

a.
Geohazard map

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20
Q

A tenant who remains in possession of property after the lease expires without the landlord’s consent has a –

a.
Periodic tenancy

b.
Estate for years

c.
Defeasible estate

d.
Tenancy at sufferance

A

d.
Tenancy at sufferance

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21
Q

Property escheated to the government is considered as –

a.
Public Dominion.

b.
Regalian Property

c.
Patrimonial Property .

d.
Land of Public Domain.

A

c.
Patrimonial Property .

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22
Q

Urban Land Reform Law

a.
PD 1517.

b.
RA 8532

c.
RA 7279

d.
CA 141

A

a.
PD 1517.

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23
Q

Under the Urban Development & Housing Act, RA 7279, shall be resorted to only when other modes of acquisition have been exhausted.

a.
Negotiated Purchase.

b.
Expropriation

c.
Land Consolidation.

d.
Joint-Venture Agreement.

A

b.
Expropriation

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24
Q

Freehold estates that are not inheritable are called

a.
Fee simple estates

b.
Defeasible estate

c.
Fee absolute estates

d.
Life estates

A

d.
Life estates

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25
Q

You intend to build a hospital. What kind of zoning will be most preferred?

a.
Institutional zone

b.
Healthcare zone

c.
Scientific zone

d.
Commercial zone

A

a.
Institutional zone

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26
Q

Home ownership can includes carrying the following costs every year, except

a.
Capital gains taxes.

b.
Realty taxes

c.
Fire insurance

d.
Payment of association dues

A

a.
Capital gains taxes.

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27
Q

A life estate based in the life of a person other than the life tenant is called

a.
A remainder

b.
A reversion

c.
Pur autre vie

d.
Curtesy

A

a.
A remainder

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28
Q

The official authorized to approved or disapprove conversion for areas above five hectares but not more than fifty hectares.

a.
DAR Undersecretary.

b.
DAR Secretary

c.
DAR Regional Director

d.
DAR Executive Secretary

A

a.
DAR Undersecretary.

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29
Q

If there is a very fast decrease in the world price of crude oil, it will result in –

a.
Increase inflation

b.
lower interest rates

c.
Increase balance of payments

d.
Increase money supply

A

c.
Increase balance of payments

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30
Q

If there is a very fast decrease in the world price of crude oil, it will result in –

a.
Increase inflation

b.
lower interest rates

c.
Increase balance of payments

d.
Increase money supply

A

c.
Increase balance of payments

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31
Q

The Following documents can be Apostilled, except –

a.
Birth, marriage, death certifictaes

b.
Affidavits

c.
Educational documents like degrees, diplomas

d.
First edition of books

A

d.
First edition of books

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32
Q

It is an approximate method to measure the distances of lot boundaries -

a.
Pacing

b.
Estimated foot distance

c.
Step counting

d.
Step measurement

A

a.
Pacing

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33
Q

Common methods used to describe real estate, EXCEPT:

a.
Location of trees

b.
Metes and Bounds

c.
Rectangular Survey System

d.
Plat Survey Method

A

a.
Location of trees

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34
Q

Which of the following acts requires licensure in real estate service –

a.
A person who negotiates the lease of a private condominium unit.

b.
A receiver, trustee or assignee in bankruptcy or insolvency proceedings;

c.
A person acting pursuant to the order of any court of justice;

d.
A person acting as attorney-in-fact for purposes of selling a property without any

A

a.
A person who negotiates the lease of a private condominium unit.

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35
Q

When the area is five hectares or less but buyer will use the land for non-agricultural purpose, or when the area, consist of more than five hectares regardless of the buyer’s intended utilization, what is required is .

a.
DAR clearance

b.
LGU clearance

c.
DAR conversion.

d.
LGU reclassification statement

A

a.
DAR clearance

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36
Q

Transmission of ownership of the property as an accepted equivalent of the payment of the loan -

a.
Pacto de Retro

b.
Pactum Commissorium

c.
Pacto de Non Aliendo

d.
Dacion en Pago.

A

d.
Dacion en Pago.

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37
Q

What is an Apostille?

a.
A notary public.

b.
A certificate to authenticate a public document.

c.
A researcher in a law firm.

d.
A disciple of a guru

A

b.
A certificate to authenticate a public document.

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38
Q

The term of office of the chairperson and the members of the PRB- RES is

a.
3 years

b.
5 years

c.
7 years

d.
Up to the president of the Phil.

A

a.
3 years

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39
Q

It is the angle less than 90 degrees measured from N or S (meridian) and referred to in plotting a lot as –

a.
Bearing

b.
Tie line

c.
Degree

d.
Compass degrees

A

a.
Bearing

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40
Q

One of the program of NHA of upgrading and improving blighted squatter areas outside of Metro Manila pursuant to existing statutes and pertinent executive issuances.

a.
Slum Improvement and Resettlement Program

b.
Slum Improvement Program

c.
Slum Resettlement and community Program

d.
Slum Resettlement Program

A

a.
Slum Improvement and Resettlement Program

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41
Q

The Philippine Qualifications Framework (PQF) –

a.
R.A. 10968

b.
R.A. 10912

c.
R.A. 9646

d.
R.A. 8981

A

a.
R.A. 10968

42
Q

The fraction of a property’s total market value which can be borrowed, subject to policies of the lender

a.
Collateral

b.
Loan-to-Value ratio.

c.
Mortgaged property

d.
Equity

A

b.
Loan-to-Value ratio.

43
Q

Which of the following forms of ownership includes the unities of time, title, interest and possession?

a.
Ownership in severalty

b.
Tenancy in common

c.
Joint Tenancy

d.
Tenancy at sufferance

A

Joint Tenancy

44
Q

A sale with stipulation for repurchase -

a.
Pacto de Retro

b.
Pactum Commissorium

c.
Pacto de Non Aliendo

d.
Dacion en Pago

A

a.
Pacto de Retro

45
Q

A sewage shall be located at elevations higher than the FPE; 46. Any sale, lease or mortgage, of a registered project under PD 957, requires prior approval of the

a.
NHA

b.
HUDCC

c.
DHSUD

d.
President of the Phils.

A

c.
DHSUD

46
Q

Skills are passed on from ancestors and the community is focused on food production for survival.

a.
Traditional economy

b.
Command economy

c.
Mixed economy

d.
Market economy

A

a.
Traditional economy

47
Q

A resident of a unit in a multi-unit building has proprietary right. Title to the resident’s building is held under which form of ownership?

a.
Joint tenancy

b.
Cooperative

c.
Condominium

d.
Land trust

A

c.
Condominium

48
Q

A resident of a unit in a multi-unit building has proprietary right. Title to the resident’s building is held under which form of ownership?

a.
Joint tenancy

b.
Cooperative

c.
Condominium

d.
Land trust

A

c.
Condominium

49
Q

An automatic appropriation by a creditor of the thing pledged which is not allowed by law

a.
Pacto de Retro

b.
Pactum Commissorium.

c.
Pacto de Non Aliendo

d.
Dacion en Pago

A

b.
Pactum Commissorium.

50
Q

The lending institution will usually approve a borrower a loan amounting to

a.
His take-home pay for one year

b.
Only about 50 to 80 percent of the market value of the collateral.

c.
The zonal value of the collateral

d.
Only to those recommended by the developer
Clear my choice

A

b.
Only about 50 to 80 percent of the market value of the collateral.

51
Q

It is a document containing the contract executed between the principal and the real estate practitioner with respect to the negotiation for the sale, lease or mortgage of the property.

a.
Earnest

b.
Listing

c.
Escrow

d.
Option

A

b.
Listing

52
Q

The condition known as a “sellers’ market” occurs when –

a.
The number of sellers exceed that of the number of buyers.

b.
The number of buyers exceed that of the number of sellers.

c.
The number of buyers appears to be declining.

d.
The number of sellers appears to be increasing.

A

b.
The number of buyers exceed that of the number of sellers.

53
Q

John and Mary hold property as joint tenants. John conveys one-half of his interest to his wife. Which of the following now is true?

a.
John and Mary are joint tenants and tenants in common with John’s wife.

b.
John, his wife and Mary are all tenants in common

c.
John and his wife are tenants in the entirety and joint tenants with Mary

d.
John, his wife and Mary are all joint tenants

A

c.
John and his wife are tenants in the entirety and joint tenants with Mary

54
Q

The Professional Regulatory Board of Real Estate Service is composed of a chairperson and

a.
4 members

b.
5 members

c.
6 members

d.
3 members

A

a.
4 members

55
Q

If a contract of sale is to deed of sale, contract to sell is to:

a.
Deed of conditional sale

b.
Deed of sale with mortgage

c.
Pacto de retro sale

d.
Dacion en pago

A

a.
Deed of conditional sale

56
Q

A lease of fixed length that continually renews itself for like periods of time until notice is given to terminate is a [No]

a.
Periodic estate

b.
Estate at will

c.
Estate for years

d.
Estate at sufferance

A

a.
Periodic estate

57
Q

A person is given this degree of protection afforded to qualified Program beneficiaries against infringement or unjust, unreasonable and arbitrary eviction or disposition

a.
Security of tenure

b.
Priority right

c.
Right of final refusal

d.
First preference

A

a.
Security of tenure

58
Q

The official authorized to approved or disapprove conversion of 5 hectares and below is:

a.
DAR Undersecretary

b.
DAR Secretary

c.
DAR Regional Director.

d.
DAR Executive Secretary

A

c.
DAR Regional Director.

59
Q

Adverse claim is good for days upon registration, after which it can be cancelled.

a.
15days

b.
30 days

c.
45 days

d.
60 days

A

b.
30 days

60
Q

A land owner who owns a parcel of land at Bonifacio Global City valued at P300,000,000.00 agreed with a developer to put up a condominium project at a cost of P900,000,000.00. What would be the percentage share of the developer.

a.
70%

b.
65%

c.
60%

d.
75%

A

d.
75%

=300m + 900M
=1.2B

Share of Developer
= 900/1.2B
= 75%

61
Q

The has the authority to proclaim urban and land reform zones shall proclaim specific parcels of urban and urbanizable lands as urban land reform zones.

a.
President of the Philippines.

b.
Urban Development Council

c.
NHA

d.
LMB

A

a.
President of the Philippines.

62
Q

In the general residential zones, the following uses may be prohibited.

a.
Small-scale auto repair shop

b.
Office of a physician

c.
Cottage industry with less than 5 workers

d.
Entire house can be converted to a sari-sari store

A

a.
Small-scale auto repair shop

63
Q

Under RA 7279, “urbanizable” areas refer to sites and lands which display marked and great potential of becoming urban areas within the period of .

a.
Two (2) years.

b.
Five (5) years .

c.
Three (3) years.

d.
Ten (10) years.

A

b.
Five (5) years .

64
Q

One (1) hectare is equivalent to

a.
10,000 sq.m.

b.
10,500 sq.m.

c.
1,000 sq.m.

d.
a and c

A

a.
10,000 sq.m.

65
Q

Under RA 7279, “urban” areas refer to all cities and municipalities with a population density of at least .

a.
500 persons per sq km.

b.
1,500 persons per sq km.

c.
1,000 persons per sq km

d.
2,000 persons per sq km.

A

a.
500 persons per sq km.

66
Q

The real estate practitioner’s duty to the public does not include

a.
Offering free consultancy services to the public

b.
Ensuring the highest and best use of land.

c.
Not introducing in a neighborhood a use of property which will impair its value

d.
Presenting a true picture of property he advertises

A

a.
Offering free consultancy services to the public

67
Q

A real estate service practitioner must indicate his license number in his letterhead, signboard, and ads because this is part of the required code of conduct in relation to

a.
The public

b.
Client

c.
Fellow practitioners

d.
Government

A

d.
Government

68
Q

Special power of attorney is necessary in the following cases, except:

a.
To perform acts of administration.

b.
To lease real property for more than one year

c.
To convey real right on immovable property

d.
To cancel any obligation gratuitously

A

a.
To perform acts of administration.

69
Q

Low-rise single-detached and duplex homes may be built on:

a.
R-2 zone

b.
R-3 zone

c.
A and b

d.
R-1 zone

A

d.
R-1 zone

R-1 (Single-Unit Residential) Zoning District. The R-1 zoning district is intended to provide for areas appropriate for a range of detached single-family residential dwelling units, each located on a single legal lot, and does not include condominiums or cooperative housing

70
Q

The interest or value which an owner has in real estate over and above the mortgage against it is .

a.
Equity.

b.
Net Valuation

c.
Debit

d.
Loans

A

a.
Equity

71
Q

Prorations of expenses in a real estate closing are typically calculated as of the date

a.
The loan is approved

b.
The sale contract is signed

c.
Title is transferred.

d.
As of the buyer’s walkthrough

A

b.
The sale contract is signed

72
Q

A larger than usual one-time payment at the end of the loan term is _________.

a.
Balloon payment

b.
Acceleration payment

c.
Note retirement

d.
Final payment

A

a.
Balloon payment

73
Q

The maximum period for right of redemption for corporations, under the General Banking Act, is –

a.
1 year if habitually engaged

b.
3 months.

c.
1 month

d.
1 year

A

b.
3 months.

74
Q

If land was sold to a third person without the knowledge of the tenant, the latter may redeem it within years from date of registration –

a.
1 year

b.
3 years

c.
2 years.

d.
5 years

A

c.
2 years.

75
Q

Seizure of a property by court order, usually done to have it available in the event of adverse judgment in a pending suit, is:

a.
Attachment.

b.
Forfeiture

c.
Foreclosure

d.
Escheat

A

a.
Attachment.

76
Q

It is a contract whereby a person, for a consideration, gives to another the possession, use and enjoyment of a property for a period which may be a fixed or not fixed.

a.
Loan

b.
Lease

c.
Mortgage

d.
Sale

A

b.
Lease

77
Q

At least members of the PRB-RES shall represent government assessors and appraisers:

a.
Two

b.
Three

c.
One

d.
None

A

a.
Two

78
Q

Which type of commercial zone will most likely allow high-density:

a.
C-4

b.
C-3

c.
C-2

d.
C-1

A

b.
C-3

79
Q

The following measures is not required in building a structure located at a flood overlay zone.

a.
Utilizing elevated parking systems

b.
Raising the lowest floor line at or above the Flood Protection Elevation (FPE)

c.
Providing roof decks that can be used for evacuation purposes;

d.
Building utility connections such as those for electricity, potable water and

A

a.
Utilizing elevated parking systems

80
Q

In case a lot is bisected by a zone boundary line, the lot’s zoning shall be

a.
Within the zone where the major portion lies

b.
Within the zone to be decided by the lot owner;

c.
Within the zone nearest to the street

d.
Within the zone upon the option of the building official.

A

a.
Within the zone where the major portion lies

81
Q

The maximum period, including renewal, that a foreigner may lease land in the Philippines is:

a.
50 years.

b.
60 years

c.
75 years

d.
90 years

A

a.
50 years.

82
Q

The PPP proponent offers to develop, finance and construct a solid- waste management facility. What zoning is required?

a.
Utilities, transportation and services zone

b.
Sanitary landfill zone

c.
Materials recovery facility zone

d.
Industrial zone

A

a.
Utilities, transportation and services zone

83
Q

In plotting the technical description or lot, one degrees is considered equivalent to

a.
60 minutes

b.
100 seconds

c.
60 seconds

d.
90 degrees

A

a.
60 minutes

84
Q

In the foreshore land sub-zone, only the following use is allowed:

a.
Concrete tanks for fish farming

b.
Seawall

c.
Hotel resorts that are not more than 2 storeys high

d.
Tourist-related structures

A

b.
Seawall

85
Q

The element of the economy tracked by a measurement system which yields values such as M1, M2, M3, etc. that is of primary concern to the government’s economic planners.

a.
Money supply

b.
Monetary policy

c.
Management efficiency

d.
Measures of inflation

A

a.
Money supply

86
Q

This calls for drawing the exact shape and measurement of a particular lot from the technical descriptions shown in the title. In so doing, boundaries and lot orientation on the north, east, west, and south are also attained.

a.
Lot Survey

b.
Lot Mapping

c.
Zoning

d.
Lot Plotting

A

d.
Lot Plotting

87
Q

The IRR of R.A. 9646 was enacted in

a.
July 2010.

b.
July 2009

c.
June 2010

d.
June 2009

A

a.
July 2010.

88
Q

Retention of landowner under PD 27 (rice and corn lands) under agrarian reform is:

a.
3 hectares

b.
7 hectares.

c.
5 hectares

d.
12 hectares

A

b.
7 hectares.

89
Q

A common point of reference is seen in the technical description as BLBM which means

a.
Bureau of Lands Barrio Monument

b.
Barrio Location Boundary Monument

c.
Bureau of Location and Barrio Monument

d.
Bureau of Lands Boundary Monument

A

a.
Bureau of Lands Barrio Monument

90
Q

Following are materials needed in lot plotting, EXCEPT:

a.
Scale

b.
Paint

c.
Protractor

d.
Graphing Paper

A

b.
Paint

91
Q

What do you call lines in topographic plan which indicate the elevation of the land at various sections?

a.
Contour Lines

b.
Roads

c.
Set back

d.
boundary lines

A

a.
Contour Lines

92
Q

The economy operates freely, in accordance with the law of supply and demand –

a.
Traditional economy

b.
Command economy

c.
Mixed economy

d.
Market economy

A

d.
Market economy

93
Q

Source of funding for developers of real estate projects obtained directly from the investing public

a.
Stock market.

b.
Equity

c.
Bank financing

d.
Joint ventures

A

a.
Stock market.

94
Q

Sale of subdivision lot resulting from the partition of land among co- owners and co-heirs is from getting a License to Sell from HLURB.

a.
Exempt

b.
Required

c.
Must register

d.
Must Report

A

a.
Exempt

95
Q

Which of the following is a characteristics of tenants in common?

a.
Each tenant is assumed by law to hold an equal interest in the land

b.
Each tenant has an undivided interest in property

c.
Each tenant rents their portion of the property

d.
Each tenant rents the right of survivorship

A

b.
Each tenant has an undivided interest in property

96
Q

Under the PQF, the tri-focalized education and training shall be shared by –

a.
DepEd, CHED, TESDA

b.
DepEd, DOLE, CHED

c.
DepEd, TESDA, PRC

d.
DepEd, CHED. DOST

A

a.
DepEd, CHED, TESDA

97
Q

In a market economy, the “market” refers to –

a.
The circular flow of goods from suppliers exchanged for money of consumers.

b.
The location of outlets for products to be sold to consumers.

c.
A meeting place for buyers and sellers.

d.
The act of selling products to those in need.
Clear my choice

A

a.
The circular flow of goods from suppliers exchanged for money of consumers.

98
Q

The following are the current basic qualifications to be admitted to the licensure examination for real estate service, except for –

a.
Experience of at least 2 years in any occupation involving real estate service;

b.
A holder of a relevant bachelor’s degree from a state university or college, or other educational institution duly recognized by the CHED:

c.
Of good moral character, and must not have been convicted of any crime involving moral turpitude:

d.
A citizen of the Philippines;

A

a.
Experience of at least 2 years in any occupation involving real estate service;

99
Q

he “Golden Rule” is a universal guide which means –

a.
Treat others as you like them to treat you

b.
Do unto others as they do unto you

c.
An eye for an eye

d.
Treat others as if they are your family

A

a.
Treat others as you like them to treat you

100
Q

A provision in a mortgage contract which prohibits the sale of property of the debtor -

a.
Pacto de Retro

b.
Pactum Commissorium

c.
Pacto de Non Aliendo.

d.
Dacion en Pago

A

c.
Pacto de Non Aliendo.

101
Q

In these type of properties, the soil is the principal agent in production, varying in

a.
Agricultural properties

b.
Trade related properties

c.
Historic properties

d.
Personal properties

A

a.
Agricultural properties

102
Q

A borrower takes out a mortgagee’s title insurance policy. The premium for the policy will usually paid

a.
Monthly, as part of the mortgage payment

b.
Semiannually, with the real estate tax

c.
Annually, with the homeowners’s insurance policy

d.
Once, when the policy is issued

A

d.
Once, when the policy is issued

THE REAL ESTATE BROKER’S EXAMINATION (44 decks)

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