Special & Technical Knowledge Flashcards
Real Estate Broker Board Examination
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.
100 meters
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:
4 meters
The overall structural mass and open space relationship in a developed property
Land Use Intensity
What is the maximum length of a subdivision block under BP 220?
400 meters
A subdivision is simple when
No street or open space is delineated
What is the minimum lot are requirement for row house for socialized housing project under BP 220?
28 square meters
What is the minimum major road which for socialized housing project under BP 220?
8 meters
It is the country’s only land-locked region.
NCR
What is the length of a subdivision block that requires mandatory provision of a two meter alley approximately at its mid-length?
A block exceeding 250 meters
What is the term for Condominium Corporation?
NONE
R.A. 4726 refers to?
THE CONDOMINIUM ACT
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
Break Out Value
The Real Estate Investment Trust Law has not been positively implemented and accepted due to_______
Stringent tax and public ownership requirement
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
Involuntary Dissolution
Another type of condominium project in the form of townhouse is called_______________.
Subdivided Condominium
Which of the following parts of a condominium project might not be a part of the common areas:
Basement Parking Stalls
It is the right of original owner to reclaim property sold through judicial foreclosure proceedings by payment of debt, interests and cost.
Equity of Redemption
A contract must be in writing for __ purposes and not for validity
Enforceability
Escalation clauses in a lease provide for
Increased rentals because of higher operating expenses
__ is gratuitous transfer of rights and property that shall take effect during the lifetime of the donor *
Donation Inter Vivos
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:
4 YEARS
The recording of an instrument gives:
Constructive notice
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:
Warehousing
A lease that requires that all or part of the tenant’s rent can be based on the tenant’s revenue is
A percentage lease
