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BS REM > RESA / RESA IRR / PRBRES LOGO > Flashcards

RESA / RESA IRR / PRBRES LOGO Flashcards

1
Q

any act, omission, establishment, business or condition of property or condition of property or anything else which injures/endangers the health and safety of others, shocks, defies, or disregards decency or morality; and annoys or offends the senses

A

nuisance

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2
Q

RESA Law

A

RA 9646 “Real Estate Service Act of 2009”

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3
Q

RESA Law effectivity date

A

July 30, 2009

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4
Q

RESA Law passed on Senate and House of Representatives

A

May 12, 2009

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5
Q

RESA Law approved/signed by the president GMA date

A

June 29, 2009

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6
Q

RESA Law Senate Bill No. and House Bill No.

A

Senate Bill 2963, House Bill 3514

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7
Q

RESA IRR Date of signing

A

July 21, 2010

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8
Q

RESA IRR Effective date

A

August 8, 2010

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9
Q

what are the bundle of rights

A

right to possess, use, enjoy, dispose, exclude, vindicate

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10
Q

the one and only national integrated organization of natural persons that the board shall recognize or accredit subject to the approval by the commission

A

Accredited and Integrated Professional Organization (AIPO)

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11
Q

operate and perform activities or acts prior to the birth of AIPO

A

Interim Accredited Professional Organization (IAPO) - Federation of Real Estate Service Association (FRESA)

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12
Q

PRC meaning

A

Professional Regulation Commission

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13
Q

PRBRES

A

Professional Regulatory Board of Real Estate Service

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14
Q

PRBRES is composed of

A

a chairperson and 4 members (3 recommended by AIPO, 2 from Government) appointed by the President

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15
Q

author of RESA Law

A

Rodolfo G. Valencia

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16
Q

adopt National Code of Ethics

A

PRBRES

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17
Q

issue National Code of Ethics

A

AIPO

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18
Q

Composition of PRBRES
(names)

A

Chairperson: Ofelia C. Binag
Members: Rafael M. Fajardo, Jose Arnold M. Tan, Pilar M. Torres-Banaag

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19
Q

First Chairperson of the Board

A

Eduardo G. Ong

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20
Q

First Appointed PRBRES Board Terms of Office

A

Chairperson - 3 years
2 of the members - 2 years
Last two members - 1 year

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21
Q

The chairperson and the members of the board shall hold office for a term of ___ from the date of appointment and until their successor shall have been appointed

A

3 years (2 terms)

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22
Q

any vacancy in the Board shall be filled for the ___ of the term of the member who vacated the position

A

unexpired portion

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23
Q

The Board shall be under the supervision of the

A

Commission (PRC)

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24
Q

All records shall be kept by the

A

Commission (PRC)

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25
Q

The secretary of the board shall be designated by the

A

Commission (PRC)

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26
Q

Conveyance of a real estate is called

A

Grant (Deed is the instrument)

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27
Q

A document to make changes in a written will

A

Codicil

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28
Q

Name of the court process that determine the decedent’s heirs and creditors, pays debt owned by the state, and transfers title to any remaining property from the decedent to the decedent’s heirs

A

probate

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29
Q

the transfer of personal property by will

A

bequest

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30
Q

the transfer of real property by will

A

devise

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31
Q

the personal property being transferred by will

A

Legacy

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32
Q

recipient of real property ___
donor of real property ___

A

Devisee, Devisor

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33
Q

recipient of personal property ___
donor of personal property ___

A

Legatee, Legator

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34
Q

is a gratuitous transfer of rights and property that shall take effect during the lifetime of the donor

A

Donation Inter Vivos

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35
Q

An act by which the owner of a thing voluntarily transfers the title and possession of the same from himself to another person, without any consideration; a gift

A

Donation

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36
Q

Tax for Donation to a stranger ___
if there is fraud ___

A

30%, 50%

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37
Q

Donor’s Tax after TRAIN Law

A

first 250,000 not taxable, exceeding subject to 6% donor’s tax

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38
Q

Donation Inter Vivos is to Donor’s Tax, Donation Mortis Causa is to ___

A

Estate Tax

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39
Q

Takes effect upon the death of the donor

A

Donation Mortis Causa

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40
Q

Is an act of gratuitously transferring property or rights motivated by the liberality of the giver in favor of the receiver who accepts it

A

Donation

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41
Q

The person who died and whose property is transmitted through sucession

A

Decedent

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42
Q

the decedent whose properties are to be transferred to his successor through a written will

A

Testator

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43
Q

what congress is RESA Law approved

A

14th Congress

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44
Q

The certificate of registration issued by the PRC shall remain in full force and effect _____ or suspended in accordance with this act

A

until revoked

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45
Q

the board may after the expiration of ___ years from the date of revocation of a certificate of registration and/or professional ID card reinstate any revoked COR and reissue suspended PRC ID

A

2

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46
Q

Registration without examination

A

Grandfather’s clause (Sec. 20, RESA Law)

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47
Q

Registration without examination by the DTI by virtue of

A

Ministry Order No. 39

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48
Q

the board may issue special/temporary permit to real estate service practitioner from foreign countries whose services urgently needed in absence or unavailability of local real estate service practitioners for the purpose of ___ of the profession on the Philippines

A

promoting or enhancing the practice

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49
Q

professional indemnity insurance / cash or surety bond not required for

A

consultants

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50
Q

professional indemnity insurance / cash or surety bond amount ___, renewable every ___

A

not less than 20,000 renewable every 3 years

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51
Q

required before entering the practice of real estate service

A

oath

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52
Q

exemptions from the act constituting the practice of Real Estate Service

A

Attorney-in-fact (without compensation)
Public Official (in performance of duties)
Receiver in bankruptcy proceedings
Court Order
Owners of real estate (except developers)
Trustee or Assignee

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53
Q

within ___ years from the effectivity of RA 9646, all existing and new position in the government that requires the services of real estate service practitioner, shall be filled only by registered and licensed real estate practitioner

A

3

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54
Q

requirements for Real Estate Salespersons

A

2 years College, 12 hours CPE, under supervision of broker

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55
Q

those salespersons who are registered with DTI/HLURB or other salespersons who are in active practice for at least 3 years prior to the effectivity of RA 9646 may also be accredited by the Board until July 30, 2011 provided

A

certified by a licensed broker, undergone 120 training hours in real estate brokerage

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56
Q

refers to the legal right accorded to a person or party that confers the temporary right to use and derive income or benefit from someone else’s property

A

usufruct

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57
Q

division or departments of partnerships and corporations engaged in marketing or selling any real estate development project must be headed by

A

full time registered and licensed real estate brokers

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58
Q

branch offices of real estate practitioners must be manned by

A

duly licensed real estate brokers, appraisers or consultants

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59
Q

Real Estate Service Practitioners shall be required to indicate the ____ on documents issued and signed

A

COR
PRD ID License No.
PTR No.
AIPO Membership No.
dates of issuance and validity

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60
Q

shall adopt and promulgate the code of ethics and responsibilities

A

BOARD

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61
Q

shall prescribe and issue the code of ethics and responsibilities

A

AIPO

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62
Q

penalty for violation of RA 9646 for licensed

A

not less than 100,000, not less than 2 years or both

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63
Q

penalty for violation of RA 9646 for unlicensed

A

not less than 200,000, not less than 4 years or both

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64
Q

in case of violation is commited by a juridical person, who will be held liable and responsible

A

Partner
President
Director
Manager

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65
Q

what does the color blue represent in PRBRES official seal

A

service

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66
Q

what does the color green represent in PRBRES official seal

A

environment and ecology

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67
Q

what does the color gold represent in PRBRES official seal

A

ethical standards and prosperity

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68
Q

The law that governed the real estate service practice prior to the RESA,
was

A. DTI Code of Commerce
B. DTI Ministry Order No. 39, Series of 1985
C. DTI Ministry Order No. 85, Series of 1989
D. Real Estate Service Act of the Philippines

A

B. DTI Ministry Order No. 39, Series of 1985

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69
Q

To be a real estate appraiser, it is required to be a graduate of

A. A bachelor’s degree in real estate brokerage
B. A bachelor’s degree in real estate management
C. A relevant bachelor’s degree
D. At least two years of college

A

B. A bachelor’s degree in real estate management

70
Q

RA 9646, The Real Estate Service Act of the Philippines became effective
last

A. June 15, 2009
B. July 30, 2009
C. July 30, 2010
D. June 30, 2010

A

B. July 30, 2009

71
Q

A city government official whose purpose is primarily for taxation
purposes as provided under the RESA is the

A. Real estate appraiser
B. Real estate treasurer
C. Real estate assessor
D. Private real estate appraiser

A

C. Real estate assessor

72
Q

In case DD Development Corporation will engage in the development of
land for a memorial park, the corporation shall be referred to under the RESA and defined as a

A. Real Estate Business Corporation
B. Real Estate Dealer
C. Real Estate Development & Memorial Company
D. Real Estate Developer

A

D. Real Estate Developer

73
Q

Herbert, as a real estate appraiser, is a person who conducts valuation/appraisal with the necessary qualifications and experience to
direct the valuation of real property, and is also referred to as

A. Property appraiser
B. Real estate assessor
C. Value estimator
D. Valuer

A

D. Valuer

74
Q

It refers to the land, improvements and all those attached to the land
which are tangible and physical

A. Real estate
B. Real property
C. Real estate improvements
D. Real property & improvements

A

A. Real estate

75
Q

Previously a licensed real estate salesman under MO 39 Series of 1985,
the salesman is now referred to under the RESA as

A. Accredited real estate salesperson
B. Accredited real estate salesman
C. Licensed real estate salesperson
D. Licensed real estate sales agent

A

A. Accredited real estate salesperson

76
Q

For the assessor, as provided under the RESA, it shall refer to the Chief
Assessor of the municipality or city or province and includes the

A. Public government appraiser
B. Assistant assessor
C. Public real estate assessor
D. Government chief appraiser

A

B. Assistant assessor

77
Q

Referred to as the AIPO, which is a national organization of natural real
estate service practitioners, and means

A. Association of Integrated Professional Organization
B. Accredited and Integrated Professional Organization
C. Accredited Institute of Professional Organization
D. Association of Integrated Practitioners Organization

A

B. Accredited and Integrated Professional Organization

78
Q

A real estate appraiser who was licensed then under the DTI may still be
allowed to register without examination under the principle of

A. Licensing
B. Carryover clause
C. Practice exemption
D. Grandfather clause

A

D. Grandfather clause

79
Q

The Real Estate Service Board, or the Professional Regulatory Board of
Real Estate Service is composed of a chairperson and how many other
members

A. 3 members
B. 5 members
C. 4 members
D. 2 members

A

C. 4 members

80
Q

For its creation, the nomination of members to the Real Estate Service
Board is initially made by the

A. Accredited and Integrated Professional Organization
B. Professional Regulation Commission
C. Professional Real Estate Organizations
D. Accredited Professional Real Estate Organizations

A

A. Accredited and Integrated Professional Organization

81
Q

The first national organization which was recognized and appointed to
perform duties prior to the recognition of the official AIPO was the

A. Interim Accredited Professional Organization
B. Interim and Accredited Professional Organization
C. Accredited and Integrated Professional Organization
D. Integrated Accredited Professional Organization

A

A. Interim Accredited Professional Organization

82
Q

The Professional Regulatory Board of Real Estate Service shall be under
the supervision of this government agency

A. Professional Regulation Commission
B. Professional Regulatory Commission
C. Professional Commission of Professionals
D. Professional Regulation Board

A

A. Professional Regulation Commission

83
Q

In case of a vacancy in the Board, it shall be filled up for the position
vacated, which shall be for the period of

A. 3 years
B. 2 years
C. Unexpired portion of the term of member who vacated
D. Not more than 6 years

A

C. Unexpired portion of the term of member who vacated

84
Q

The PRBRES shall prescribe the essential requirements as to the curricula
and facilities of schools, colleges or universities in cooperation with the

A. Commission on Higher Education
B. Department of Education
C. Private Association of Schools in the Philippines
D. Philippine Universities Association

A

A. Commission on Higher Education

85
Q

Suspension of a member of the Professional Regulatory Board of Real
Estate Service for grounds under the RESA, shall be made by the

A. Professional Regulation Commission
B. Ombudsman
C. President of the Philippines
D. Majority vote of the members of the Real Estate Service Board

A

C. President of the Philippines

86
Q

It is considered not a ground for the removal of the chairperson of the
Professional Regulatory Board of Real Estate Service

A. Unprofessional conduct
B. Immoral conduct
C. Conviction of the crime of slight physical injuries
D. Neglect of duty

A

C. Conviction of the crime of slight physical injuries

87
Q

An applicant who wants to be registered and licensed as a real estate
service practitioner shall undergo an examination to be given by the
Board excluding the following

Real estate broker
Real estate salesperson
Real estate assessor
Real estate consultant

A

Real estate salesperson

88
Q

In order to conform to technological and modem developments, the
subjects for examinations may be re-clustered, modified, added to, or
excluded as may be found necessary by the

A. Professional Regulatory Board of Real Estate Service
B. Commission on Higher Education
C. Accredited and Integrated D. Professional Organization
Department of Education

A

A. Professional Regulatory Board of Real Estate Service

89
Q

The bachelor’s degree adopted in coordination with the CHED for real
estate service and required under the RESA, is called

A. Bachelor of Science in Real Estate
B. Bachelor of Science in Real Estate Management
C. Bachelor of Science in Real Estate Service
D. Bachelor of Science in Real Estate Service Practice

A

B. Bachelor of Science in Real Estate Management

90
Q

The following is not a requirement to qualify to take the real estate
appraiser’s licensure examinations

A. Must be a citizen of the Philippines
B. Must take continuing professional education units
C. Must be a resident of the Philippines
D. Must have NBI Clearance

A

C. Must be a resident of the Philippines

91
Q

In case of an applicant for the examination for real estate consultants,
proof must be shown that he/she has years experience as a licensed real
estate appraiser, or as a bank, or institutional appraiser of

A. 2 years
B. 5 years
C. 6 years
D. 10 years

A

B. 5 years

92
Q

A candidate may be deemed to have passed the examination, if she
obtained an average in all subjects, of

A. 50%
B. 60%
C. 75%
D. 85%

A

C. 75%

93
Q

Results of the licensure examination shall be released by the Board from
the last day of the examination within

A. 5 days
B. 10 days
C. 30 days
D. 60 days

A

B. 10 days

94
Q

As she just passed the real estate appraiser’s examinations, Agnes will be
given a certificate of registration by the Professional Regulation
Commission which will be valid

A. For 1 year
B. For 3 years
C. Until revoked
D. Until renewed

A

C. Until revoked

95
Q

For an examinee for the licensure examinations for real estate appraiser,
he or she must have no rating in any subject below

A. 50%
B. 60%
C. 75%
D. 70%

A

A. 50%

96
Q

Under the RESA, in addition to the certification of registration, a
successful examinee shall also be given by the PRC the following

A. Certificate of attendance
B. Professional Identification Card
C. Certificate of oath taking
D. Professional Rating certificate

A

B. Professional Identification Card

97
Q

As of the present, the Professional Regulation Commission (PRC)
Chairperson is

A. Charito Zamora
B. Teofilo Pilando Jr.
C. Eduardo G. Ong
D. Ofelia Binag

A

A. Charito Zamora

98
Q

Renewal of the professional identification card shall be upon satisfying the requirements of the Board such as, but not limited to, attendance in the CPE program and shall be renewed every

A. 1 year
B. 2 years
C. 3 years
D. 5 years

A

C. 3 years

99
Q

The required bond for the private real estate appraiser to practice real
estate service shall be in the amount of

A. P 5,000
B. P 10,000
C. P20,000
D. P25.000

A

C. P20,000

100
Q

Upon application and payment of the required fees, subject to the
approval of the PRC, special/temporary permits may be issued to real
estate service practitioners from foreign countries in case of

A. Specific foreign development projects
B. Unavailability of local practitioners to enhance the practice
C. Government to government realty projects
D. Lack of real estate salespersons

A

B. Unavailability of local practitioners to enhance the practice

101
Q

Renewal of the professional identification card issued to a real estate service practitioner shall be every

A. Year
B. 3 years
C. Other year
D. Until revoked

A

B. 3 years

102
Q

In case of practice involving condominium projects, the following shall not be required to post a bond with the government

A. Real estate salesperson
B. Real estate broker
C. Real estate private appraiser
D. Real estate consultant

A

D. Real estate consultant

103
Q

A foreign real estate service practitioner shall be issued a Special/Temporary Permit, under R.A. No. 9646 and the IRR unless

A. He/she passes the licensure examinations
B. Registered with HLURB
C. Pays the bond of P20,000
D. There is foreign reciprocity between their countries

A

D. There is foreign reciprocity between their countries

104
Q

A successful examinee must, before engaging in the practice of real
estate service, undertake the following

A. Take an oath before the Board
B. Register with HLURB
C. Secure an NBI Clearance
D. Post a bond in the total amount of P 25,000.00

A

A. Take an oath before the Board

105
Q

The following number of acts performed by a real estate service
practitioner shall constitute an act of engaging in the practice of real
estate service

A. More than one transaction
B. At least one transaction
C. Several transactions
D. Two consecutive transactions

A

B. At least one transaction

106
Q

A roster of registered professional real estate service practitioners will be
made but which will not include the following information

A. Name of practitioner
B. Field of real estate service practice
C. Email address of practitioner
D. License number

A

C. Email address of practitioner

107
Q

The chairperson and 4 members chosen from the 3 recommendees
chosen by the commission from a list 5 nominees per position submitted
by the integrated professional organization of real estate practitioners; provided that 2 of the members shall represent the government assessors and appraisers who are in active government service shall be appointed by _____

A. Senate President
B. Majority Floor Leader
C. Supreme Court
D. President of the Philippines

A

D. President of the Philippines

108
Q

The minimum fine that may be imposed on a person who engages in real
estate service practice without a license is

a. P 100,000,00
b. P 200,000.00
c. P 10,000.00
d. P 20,000.00

A

b. P 200,000.00

109
Q

A real estate appraiser was found liable by the PRBRES. He may appeal
the decision of the PRBRES to the PRC Commission

a. Within 15 days from receipt of decision
b. Within 30 days from receipt of decision
c. Within 15 days from date of decision
d. Within 60 days from date of decision

A

a. Within 15 days from receipt of decision

110
Q

Upon application and compliance with the required CPE units, and for
reasons deemed proper and sufficient, the Board may reinstate any
revoked certificate of registration and reissue suspended professional
identification card after a period of

a. One year
b. Two years
c. Three years
d. Upon approval

A

b. Two years

111
Q

It is not required for the following practitioner to be a member of the AIPO
for real estate service practitioners

a. Real estate broker
b. Real estate salesperson
c. Keal estate appraiser
d. Real estate consultant

A

b. Real estate salesperson

112
Q

The penalty to be imposed on an unlicensed real estate appraiser is

a. At least P100,000 fine
b. At least 2 years imprisonment
c. At least P200,000 fine and/or 4 years imprisonment
d. At least P 100,000 fine and/or 2 years imprisonment

A

c. At least P200,000 fine and/or 4 years imprisonment

113
Q

Jules just passed the real estate appraisers’ examinations and rented out
an office space for her practice. It is required that she must display in her
place of business the following

a. Professional Identification card
b. Business name
c. Certificate of Registration
d. APO Receipt Number

A

c. Certificate of Registration

114
Q

The real estate service practitioners must abide by the code of ethics for
the practice promulgated by the Board which is referred to as

a. National Code of Ethics
b. National Code of Ethics and Responsibilities for Real Estate Service
Practitioners
c. National Code of Ethics and Responsibilities
d. National Code of Ethics for Realty Service Practice

A

b. National Code of Ethics and Responsibilities for Real Estate Service
Practitioners

115
Q

For violation of the provisions of the RESA and its IRR by a real estate
partnership, the following may be made liable for violation

a. The president
b. The Director of the corporation
c. The partner
d. The Chief Operating Officer

A

c. The partner

116
Q

If one wanted to be qualified to be a member of the Professional
Regulatory Board, it is required that one should have experience as a
licensed real estate broker for at least

a. One year
b. Five years
c. Ten years
d. Not required

A

c. Ten years

117
Q

It is the power of the Board not to register and issue a certificate of
registration to any successful examinee if

a. Found to be psychologically unfit
b. Charged with the crime of murder
c. Convicted of traffic violation
d. Being investigated for immoral conduct

A

a. Found to be psychologically unfit

118
Q

For the renewal of the professional identification card of a real estate
consultant, it is required that the practitioner must

a. Post a bond for P20,000
b. Be under a real estate broker
c. Be a member in good standing of the AIPO
d. Be a member in good standing of his/her association

A

c. Be a member in good standing of the AIPO

119
Q

In order for a person aspiring to be the city assessor or to a higher
credential level, under the RESA, the person must be

a. A licensed real estate assessor
b. A licensed real estate appraiser
c. Experience as a real estate broker for ten year
d. Been in government for at least 15 years

A

b. A licensed real estate appraiser

120
Q

A current assessor who, on the date of the effectivity of R.A. No. 9646,
shall be allowed to register without examination, among others, provided
they hold permanent appointments and are performing actual appraisal
and assessment functions for the last five (5) years, and have passed the

a. PRC licensure examinations for assessors
b. Real property assessing officer (RPAO) examinations
c. Civil Service Examinations
d. Real estate appraiser’s examinations

A

b. Real property assessing officer (RPAO) examinations

121
Q

A person who wants to engage in real estate service practice shall be
required to post a bond in the amount of P20,000 if he will be a

a. Real estate salesperson
b. Real estate consultant
c. Real estate private appraiser
d. Real estate public appraiser

A

c. Real estate private appraiser

122
Q

The expiry of the registration with HLURB of a real estate appraiser
expires every

a. December 31 of the year
b. 3 years
c. On the birthdate of the real estate appraiser
d. Every 2 years

A

a. December 31 of the year

123
Q

In addition to the license number and PTR, the appraiser must also
indicate in the documents he signs the following

a. Address of the appraiser
b. AIPO Receipt Number
c. Email address
d. Date of release of Professional Identification Card

A

b. AIPO Receipt Number

124
Q

The required membership to the AIPO of a real estate practitioner shall be

a. Upon approval by the AIPO
b. Automatic and mandatory
c. Upon approval by the PRBRES
d. Approval by the PRC

A

b. Automatic and mandatory

125
Q

If Luis was found guilty of violation of the RESA without a license and
may be imposed the penalty of

a. At least P100,000.00 fine
b. At least P 200,000.00 fine
c. At least 2 years imprisonment
d. At least P 100,000.00 fine and 2 years imprisonment

A

b. At least P 200,000.00 fine

126
Q

In the PRBRES logo, the color blue represents the color of

a. Professionalism
b. Real Estate Service Industry
c. Service
d. Ethical Practice

A

c. Service

127
Q

In case of the bond required of a private real estate appraiser, the bond
may be made in the manner of

a. Promissory note
b. Surety bond
c. Real estate mortgage
d. Appraiser’s performance bond

A

b. Surety bond

128
Q

One of the following is exempted from the coverage of the real estate
service practice in case of selling the property of a private owner

a. Real estate salesperson
b. Real estate broker
c. Attorney in fact who does not require compensation
d. A person appraising a property of another person

A

c. Attorney in fact who does not require compensation

129
Q

The first chairman of the Professional Regulatory Board of Real Estate
Service is

a. Eulalio C. Diaz III
b. Bansan Choa
c. Eduardo G.Ong
d. Florencio Dino

A

c. Eduardo G.Ong

130
Q

The law that governs the Professional Regulation Commission

a. RA 8981
b. RA 9646
c. RA 8424
d. RA 8646

A

a. RA 8981

131
Q

As the AIPO, the accredited and integrated professional organization
approved by the PRC last 2011 is called

a. Institute of Real Estate Professionals
b. Institute of Philippine Real Estate Service Practitioners
c. Philippine Institute of Real Estate Service Practitioners
d. Philippine Institute of Real Estate Professionals

A

c. Philippine Institute of Real Estate Service Practitioners

132
Q

The various regulatory boards under the PRC are grouped into an
association referred to as the

a. PAPRB
b. PARBR
c. PABRES
d. PRBRES

A

a. PAPRB

133
Q

The following is not issued a separate license for the practice of their
specified profession

a. Real Estate Broker
b. Real Estate Assessor
c. Real Estate Appraiser
d. Real Estate Consultant

A

b. Real Estate Assessor

134
Q

The total number of regulatory boards in the country supervised by PRC
is estimated at

a. More than 30
b. More than 40
c. More than 50
d. More than 100

A

b. More than 40 (currently 46)

135
Q

Prior to the Professional Regulation Commission, the same was referred
to as

a. Office of the Board Examiners
b. Professional Regulation Authority
c. Professional Board of Examiners
d. Office of the Professional Board of Examiners

A

a. Office of the Board Examiners

136
Q

The Real Estate Service profession was welcomed by the PRC as an
added profession on

a. 2009
b. 2008
c. 2010
d. 2011

A

a. 2009

137
Q

There are four sectors categorized under the PRC for the various
professions, which one is not a sector

a. Medical and Health
b. Business, Education and Management
c. Engineering
d. Vocational Technology

A

d. Vocational Technology

138
Q

The law governing the Professional Regulation Commission is called

a. Professional Regulation Act
b. Professional Modernization Act of 2000
c. Professional Modernization Law
d. Professional Regulatory Act of 2000

A

b. Professional Modernization Act of 2000

139
Q

The Real Estate Service Practice is classified under the PRC as belonging
to this sector

a. Real Estate Sector
b. Business, Education and Management Sector
c. Technology Sector
d. Business and Services Sector

A

b. Business, Education and Management Sector

140
Q

The term of office of the commissioners of the Professional Regulation
shall be

a. 2 years
b. 3 years
c. 6 years
d. 7 years

A

d. 7 years

141
Q

Under the PRC law, a Practicing Professional is defined to be a person
who

a. Passed the licensure examinations
b. Name is entered in the PRC registry book
c. Name and license are entered in the PRC registry book
d. Paid the fees for professional license

A

c. Name and license are entered in the PRC registry book

142
Q

Aside from RA 9646, the law that governs the current practice of real
estate service is

a. Ministry Order No. 39 Series of 1985
b. Subdivision and Condominium Buyers’ Protective Decree
c. Local Government Code of 1991
d. HLURB Rules of Procedure Protective Decree

A

b. Subdivision and Condominium Buyers’ Protective Decree

143
Q

The real estate appraiser, aside from the license, is required to pay yearly
professional tax which is due for payment every year on or before

a. January 20
b. January 31
c. February 28
d. April 15

A

b. January 31

144
Q

A community tax must be paid by the real estate appraiser to the
treasurer of the local government which should not be later than

a. January 31
b. February 28
c. Last day of January
d. Last day of February

A

d. Last day of February

145
Q

The First Professional Summit was held by the PAPRB in cooperation
with the PRC in Manila last

a. October 2012
b. October 2010
c. November 2011
d. December 2012

A

a. October 2012

146
Q

A judgment or decision of the Professional Regulation Commission
becomes final and executory within a period of

a. 10 days from receipt of judgment
b. 15 days from receipt of judgment
c. 15 days from date of decision
d. 30 days from receipt of decision

A

b. 15 days from receipt of judgment

147
Q

President Noynoy Aquino has declared the “Philippine Professionals
Competitiveness Week” every year during the period

a. 1st week of October
b. 2nd week of October
c. 3rd week of October
d. 4th week of October

A

c. 3rd week of October

148
Q

represents Real Estate (PRBRES Logo)

A

Land

149
Q

(PRBRES Logo) Structures – represent improvements on the land such as —— , —— , —–
- & ——

A

Residential, Industrial, Commercial and Institutional Buildings

150
Q

(PRBRES Logo) ___ represent agricultural produce

A

trees and the fruits

151
Q

(PRBRES Logo) Green lines – represent the real estate service practitioners such as ——
, —— , —— and —— & ——

A

Real Estate Consultants, Real Estate Appraisers, Real Estate Assessors, Real Estate Brokers and Real Estate Salespersons

152
Q

(PRBRES Logo) —— , —— , —— and —— – represent the color of the Philippine flag

A

Red, White, Blue and Yellow

153
Q

(PRBRES Logo) ___ color of service

A

Blue

154
Q

(PRBRES Logo)– represents environment and ecology

A

green

155
Q

(PRBRES Logo) —— and —— – life and light

A

Sun and Rays

156
Q

(PRBRES Logo) – represents the vital role of the real estate service practitioners in the social, political, economic development and progress of the
Philippines

A

rising sun

157
Q

(PRBRES Logo)– represents ethical standards and prosperity

A

Gold

158
Q

(PRBRES Logo)– represents the Philippine archipelago

A

Map of the Philippines

159
Q

The Chairman of PRBRES is

A

Ofelia C. Binag

160
Q

The members of PRBRES are

A

Ofelia C. Binag, Rafael M. Fajardo, Jose Arnold M. Tan, Pilar M. Torres-Banaag

161
Q

Chairman of (PRC)

A

Charito Zamora

162
Q

The acronym PRBRES stands for

A

Professional Regulatory Board of Real Estate Service

163
Q

The acronym PRC stands for

A

Professional Regulation Commission

164
Q

The acronym AIPO stands for

A

Accredited and Integrated Professional Organization

165
Q

The acronym IAPO stands for

A

Interim Accredited Professional Organization

166
Q

The acronym APO stands for

A

Accredited Professional Organization

167
Q

The acronym CPD stands for

A

Continuing Professional Development

168
Q

The acronym CPE stands for

A

Continuing Professional Education

169
Q

The acronym RESA stands for

A

Real Estate Service Act

170
Q

The acronym IRR stands for

A

Implementing Rules and Regulations

171
Q

The acronym RPAO stands for

A

Real Property Assessing Officer

172
Q

The acronym DTI stands for

A

Department of Trade and Industry

BS REM (15 decks)

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