Special & Technical Knowledge Flashcards

Real Estate Broker Board Examination

1
Q

For row houses, there shall be a maximum of 20 units per block or cluster but in no case shall this be more than in length.

A

100 meters

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2
Q

Under PD 957, in general, the minimum distance between two buildings in which the taller building has not more than two (2) storeys shall be:

A

4 meters

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3
Q

The overall structural mass and open space relationship in a developed property

A

Land Use Intensity

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4
Q

What is the maximum length of a subdivision block under BP 220?

A

400 meters

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5
Q

A subdivision is simple when

A

No street or open space is delineated

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6
Q

What is the minimum lot are requirement for row house for socialized housing project under BP 220?

A

28 square meters

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7
Q

What is the minimum major road which for socialized housing project under BP 220?

A

8 meters

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8
Q

It is the country’s only land-locked region.

A

NCR

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9
Q

What is the length of a subdivision block that requires mandatory provision of a two meter alley approximately at its mid-length?

A

A block exceeding 250 meters

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10
Q

What is the term for Condominium Corporation?

A

NONE

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11
Q

R.A. 4726 refers to?

A

THE CONDOMINIUM ACT

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11
Q

It is the term used to determine the value of the unit or the interest in absolute of a condominium unit owner when the building is demolished

A

Break Out Value

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12
Q

The Real Estate Investment Trust Law has not been positively implemented and accepted due to_______

A

Stringent tax and public ownership requirement

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13
Q

In case of __ of a condominium corporation for any of the Causes provided by law, the common areas owned or held by the corporation shall, by way of liquidation be transferred pro-indiviso

A

Involuntary Dissolution

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14
Q

Another type of condominium project in the form of townhouse is called_______________.

A

Subdivided Condominium

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15
Q

Which of the following parts of a condominium project might not be a part of the common areas:

A

Basement Parking Stalls

16
Q

It is the right of original owner to reclaim property sold through judicial foreclosure proceedings by payment of debt, interests and cost.

A

Equity of Redemption

17
Q

A contract must be in writing for __ purposes and not for validity

A

Enforceability

18
Q

Escalation clauses in a lease provide for

A

Increased rentals because of higher operating expenses

19
Q

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

A

Donation Inter Vivos

20
Q

On Pacto de Retro contract of sale which there is no stipulation of the period to which the vendor shall have the right to buy back or redeem of the property, the period of redemption shall be:

A

4 YEARS

21
Q

The recording of an instrument gives:

A

Constructive notice

22
Q

A mortgage company makes a number of loans to be assembled into one package and sold to permanent investors. This process is an example of interim financing to the mortgage company and is called:

A

Warehousing

23
Q

A lease that requires that all or part of the tenant’s rent can be based on the tenant’s revenue is

A

A percentage lease

24
Q

Property belonging exclusively to the husband

A

Capital Property

25
Q

The Assessor’s Office is an agency where we inquire and conduct research on:

A

Cadastral map / tax map

25
Q

An annotation on the title which serves as a notice that the property o/1 is being held in reserve for whatever judgment may be rendered against the owner:

A

Writ of Preliminary Attachment

26
Q

The function of the Register of Deed is:

A

Ministerial

27
Q

Original registration of title is processed in the:

A

Land Registration Authority / DENR

28
Q

A government regulation intended to promote orderly development of land is referred to as:

A

ZONING

29
Q

If the property is an ordinary asset, what is the applicable tax?

A

Creditable Withholding Tax