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The Code Of Ethics Of RESPs Flashcards

1
Q

RESA is RA______.

A

RA 9646

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2
Q

When was RESA signed to law?

A

06.29.2009

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3
Q

Who was the senate president?

A

Juan Ponce Enrile

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4
Q

What senate bill no is RESA?

A

SB No. 2963

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5
Q

What house bill no is RESA?

A

HB No. 3514

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6
Q

Who was the speaker of congress during signing of RESA?

A

Prospero C. Nograles

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7
Q

Who was the president during signing of RESA?

A

PGMA

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8
Q

What is Res No. 02 Series of 2010?

A

The Implementing Rules and Regulations of RESA.

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9
Q

Date for the IRR of RA 9646.

A
    1. 2010
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10
Q

How many article in RESA?

A

5

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11
Q

How many sections in RESA

A

45

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12
Q

Defined as commission in RESA.

A

PRC.
Professional Regulation Commission

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13
Q
A
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14
Q

Refered to as commission in RESA.

A

PRC - Professional Regulation Commision

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15
Q

Referred to as board is RESA.

A

PRBRES - Professional Regulatory Board of Real Estate Service

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16
Q

Referred to as board is RESA.

A

PRBRES - Professional Regulatory Board of Real Estate Service

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17
Q

Refered to as RESPs.

A

Real Estate Service Practitioners.

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18
Q

First IAPO?

A

PhilRES.

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19
Q

What’s the legal basis of PRBRES?

A

Res No. 39 Series of 2019

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20
Q

Art.1 Scope and COverage of Code of Ethics. RE Service Profession embrace all acts of: RE BACAS

A

RE Brokers
RE Appraisers
RE Consultants
RE Assessor’s
RE Salespersons

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21
Q

What is the validity of brokers registration?

A

3 years. renewable during birthdays.

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22
Q

Article 2. General Provisions and Declarations of Principles.

A

Section 1. Uphold constitution
Section 2. Exercise Profession - CISFiRRe - Courtesy, integrity, Sincerity, Fidelity, Responsibility and Respect
Section 3. Comply with policies
Section 4. Uphold standards
Section 5. Promote CUSS - camaraderie, unity, solidarity, synergy professional relations

23
Q

Article III. Professional Rules of Ethics and Responsibilities

A

Sec 1. To the govt
Sec 2. To the general public
Sec 3. To the client
Sec 4. To fellow practitioners
Sec 5. To AIPO Accredited and Integrated Professional Organization

24
Q

Article IV. Specific Duties and Responsibilities

A

Sec 1. Live up to the tenets
Sec 2. Provide his/her service with competence, integrity
Sec 3. Faithfully comply
Sec 4. Honor and abide with Code of Ethics and Responsibilities

25
Q

Article V. Final Provision

A

Reprimand, suspension, revocation of license, and others

26
Q

What is the recommended sanction for third offence of violation of COER?

A

Suspension of AIPO membership for 4 months

27
Q

What is the recommended sanction for violation of CoER first offense?

A

Reprimand or Warning

28
Q

What is the sanction for violation of CoER second offense?

A

Suspension of AIPO membership for two months

29
Q

What is the sanction for violation of CoER for fourth offense?

A

Recommended for suspension of License at PRC and PRBRES.

30
Q

What is the sanction for violation of CoER habitual or fifth offense?

A

Recommendation for the CANCELLATION of License at PRC and PRBRES.

31
Q

What is the sanction for violation of RA 9646 and its IRR, first offense?

A

Suspension of AIPO membership for 4 months.

32
Q

What is the sanction for violation of RA 9646 and IRR, second offense?

A

Recommended for SUSPENSION of the License at PRC and PRBRES.

33
Q

What is the sanction for violation of RA 9646 and its IRR, third or habitual offense?

A

Recommendation for CANCELLATION of License at PRC and PRBRES.

34
Q

Article VI of CoER. Effectivity. Take effect after _____ days off publication in the ________ at the City of _______.

A

15 days, Official Gazette of any newspaper of general circulation, Manila

35
Q

When as CoER approved?

36
Q

When was CoER published in Official Gazette?

37
Q

Effectivity date of CoER / RA 9646?

38
Q

What is the golden rule that is observed by RESPs in all dealings?

A

DO unto others as you would have them do unto you.

39
Q

Old version of the Golden Rule.

A

Treat others as you like them to treat you.

40
Q

First PRBRES Chairperson.

A

Ofelia C. Binag

41
Q

First Members of the PRBRES.

A

Pilar M. Torres - Banaag
Rafael M. Fajardo
Jose Arnold M. Tan

42
Q

Who attested the PRBRES?

A

Atty. Lovelika T. Bautista - Chief, PRB Secretariat Div

43
Q

Who approved the PRBRES?

A

Teofilo S. Pilando Jr. - PRC Chair
Yolanda D. Reyes - Commissioner
Jose Y. Cueto Jr. - Commissioner

44
Q

Who is the current PRC Chairperson?

A

Atty. Charito A. Zamora
Oath 09.27.2022

45
Q

What is the former office or agency of PRC?

A

Office of the Board of Examiners

46
Q

Who was the first chairman of PRBRES?

A

Dr. Eduardo Gutierrez Ong

47
Q

First PRBRES Officers as of March 26, 2010

A

Chairperson - Dr. Eduardo G. Ong
Bansan C. Choa
Ramon C. F. Cuervo III
Rafael M. Fajardo
Florencio Dino

48
Q

Who was the PhilRES president as of September 2014?

A

Rodolfo G. Valencia
“Father of RESA Law”

49
Q

What is CPD?

A

Continuing Professional Development

50
Q

Aside from the legally mandated AIPO what other organization can RESPs join?

A

PAREB
REBAP
CREBA
NREA
PARA
APREA

51
Q

Duties and Responsibilities of RESPs? Perform service with FARSUC

A

Fidelity. Accountability. Respect. Sincerity. Utmost integrity. Courtesy.

52
Q

To indicate the:

A

License No.
PRC ID No.
PTR No.
AIPO Receipt No.
*** date of issuance and validity

53
Q

One that shall govern the professional and ethical conduct of all the real estate service practitioners

A

The Code of Ethics and Responsibilities for Real Estate Service Practitioners

Fundamentals of Prop Ownership (6 decks)

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