Legal Requirements (RESA) and Legal aspects of sale, lease, and mortgage

1. The passing rate for real estate service practice examination is:
a. An average of at least seventy-five percent (75%) in all subject, with no rating below sixty
percent (60% in any subject
b. An average of at least seventy percent (70%) in all subjects, with no rating below fifty percent
(50%) in any subject
c. An average of at least seventy-five percent (75%) in all subjects, with no rating below fifty
percent (50%) in any subject
d. An average of at least seventy-five percent (75%) in all subjects, with no rating below sixty
percent (60%) in any subject

2. Eminent domain is
A. The right of the government to take private property for public use
B. The power of the government to take private property for future use
C. The ancient form of ownership not common today
D. The right of the people to take government property for housing

3. Real Estate is defined as

a. Land and building
b. Land and all permanent attachments to it
c. Land and everything growing on it
d. Land only

4. Real Property is defined as

a. Real estate owned by someone
b. Land and all the improvements
c. Land plus title
d. Real estate and the bundle of rights

5. If government takes private property it must

a. Make just compensation
b. Require the property for public use
c. Both A and B
d. Neither A nor B

6. The right of the state to take title to real estate for which no legal owner can be found is called
a. Police power
b. Tenancy
c. Eminent domain
d. Escheat

7. Which of the following has the right of survivorship?

a. Joint tenant
b. Tenancy in severalty
c. Tenancy in common
d. Life tenant
8. Escheat is
a. The right to cross someone else’s land to get to the road
b. A variety of fraud exclusive to real estate
c. The right to inherit if there is no will
d. None of the above

9. Which of the following is an “improvement‟ to land?

a. Rezoning
b. Driveway
c. Orchard
d. All of the above

10. Which one of the following is NOT a test of a fixture?

a. Manner of attachment
b. Intent of the person who put it
c. Time of attachment
d. Custom in the community

11. A broker’s license is suspended for six (6) months. The broker’s salespersons
a. Also lose their licenses for 6 months
b. May continue to operate the broker’s business
c. May upon proper application, transfer their licenses to another broker
d. Must place their licenses on inactive status for 6 months

12. Under the RESA, there must be one broker for every
a. 100
b. 20
c. 50
d. 25

13. There is created a professional regulatory board of real estate service, hereinafter referred
to as the Board under the supervision and administrative control of the
a. DTI
b. DOLE
c. DOF
d. DOJ

14. The real estate service practitioner shall be required to indicate on the documents he/she
signs, uses or issues connections with the practice of his or her professional the following ,
except
a. License number
b. PTR
c. APO
d. CTC

15. Upon application and payment of the required fees for the approval of the commission the
board may issue a special /temporary permit to a real estate service practitioner from the foreign
countries, whose services are urgently needed in the absence or an unavailability of local real
estate service practitioners provided that
a. There is reciprocity between his country and the Philippines
b. There is the need of the developer for foreign practitioners
c. The foreigner are more expert
d. NOTA

16. The real estate broker shall in a addition to the oath refer to the preceding section be
required to post a professional indemnity insurance or cash or surety bond in an amount to be
determined by the board which in no case shall less than
a. 10 thousand
b. 20 thousand
c. 40 thousand
d. 15 thousand

17. The ______________ of the commission shall act as prosecutors against illegal
practitioners and other violators of R.A.# 9646 and its IRR.
a) Chairperson
b) Lawyers
c) Secretary of PRBRES
d) Members

18. No partnership or corporation shall engage in business of real estate service unless it is duly
registered with the _______________.
a) PRC
b) SEC
c) PSE
d) Realty Service Council

19. Under RA 9646 Section 20. Registration Without Examination, if someone passed in the
2007 Licensure exam of the then DTI and have failed to get a license, how many CPE credits
units are needed to earn for him/her to register with PRC?
a) 15 credit units
b) 18 credit units
c) 24 credit units
d) 120 credit units

20. The 4 year course required for real estate service practitioners is ________________.
a) BS REM
b) BS BAC
c) Assocciate in RES
d) BS Property Management

21. The Senate President who signed R.A. #9646 is

a) Manuel Villar Jr.
b) Franklin Drilon
c) Aquilino Pimentel Jr.
d) Juan Ponce Enrile
22. Classification and use of lands exempted from CARP law but not included
a. Lands actually, directly and exclusively use for prawn farm and fishpond; lands devoted to
raising of livestock‟ poultry or swine
b. Agricultural lands with slope of 18% or more; lands actually, directly and exclusively used and
found necessary for parks, wildlife, forest reserves, re-forestation, fish sanctuaries, breeding
grounds, water shed and mangroves
c. Lands actually, directly and exclusively used and found necessary for national defense,
school sites, church sites, mosque sites, communal burial grounds and penal colonies.
d. Lands actually, directly and exclusively used and found necessary for national defense,
school sites, cultural movement sites, mosque sites, communal burial grounds and penal
colonies.

23. Cases where conversion of agricultural land cannot be allowed except:

a. Agricultural land within restricted areas designated under the national Integrated Protected
Areas System ( NIPAS ), including water shed and recharged areas of acquifier; irrigated lands
where water is available for rice and other crops production and all irrigated lands where water
is not available but are within areas programmed for irrigation facility rehabilitation
b. Irrigable lands already covered by irrigation projects with firm funding commitment;
c. Agricultural lands within irrigation facilities operated by private organizations.
d. Agricultural lands with destroyed iirigation facilities and scarce availability of water.
24. An enactment that gives municipalities the power to reclassify up to 15% of agricultural land
not covered by CARL to non-agricultural uses if it is deemed by the local council ( sanggunian )
to be either no longer sound for agriculture or substantially greater value if used for
residential ,commercial, or industrial purposes.
a. RA 7160
b. 1989 LGU
c. 1988 LGU
d. RA 7155

25. It is the act of changing current use of land awarded per RA 6657
a. Conversion
b. Relocation
c. Transformation
d. Reconversion

26. Change from 1 classification or use of land property to another

a. Land reclassification
b. Land conversion
c. land expropriation
d. land re-use order

27. Has ruled that all agricultural lands that are already classified as commercial, industrial or
residential before June 15, 1988 no longer need any conversion clearance even if it is still
devoted to agricultural activity.
a. Republic Act 6657
b. Ministry Order No. 39 series of 1985
c. Republic Act 7279
d. DOJ Opinion No. 44 SERIES of 1990
28. Registration of sale of five (5) hectare agricultural land must be accompanied by
a. DAR conversion permit
b. DAR clearance
c. HLURB license to Sell
d. LGU Development Permit

29. This Decree shall be known as THE SUBDIVISION AND CONDOMINIUM BUYERS'
PROTECTIVE DECREE.
a. PD 957
b. RA No.6657
c. RA No. 7279
d. BP 220

30. Maximum period that a foreigner may lease real estate under the foreign investors lease Act
is
a. 50 years renewable for 25
b. 25 renewable for 25 years
c. 100 years renewable for 50
d. NOTA

31. The powers of HLURB (now DSHUD) to approve subdivision plans has been devolved to
local government pursuant to _____?
a. RA 7160
b. BP 220
c. PD 957
d. EO 71

32. The highest policy making body for housing under the law is referred to as
a. HUDCC
b. HLURB
c. NHA
d. LRA

33. The following government agencies are attached agencies of the Housing and Urban
Development Coordinating Council HUDCC, except:
a. HLURB
b. NHA
c. NHMFC
d. LRA

34. Under the governments socialized housing program, the ceiling amount for socialized
housing has been increased to the amount of
a. 200,000
b. 450,000
c. 500,000
d. 550,000

35. Homeowners associations are under the jurisdiction of the

a. HLURB
b. LGU
c. DTI
d. SEC

36. The registered owner or developer of the subdivision project may donate the roads and
open space of the subdivision project to the city or municipality where it is located on the
condition:
a. The project is completed
b. The homeowners allows the donation
c. The developer option is to donate to LGU
d. NOTA

37. This term shall include every disposition, or attempt to dispose, for a valuable consideration,
of a subdivision lot, including the building and other improvements thereof, if any, in a
subdivision project or a condominium unit in a condominium project.
A. Sale
b. Mortgage
c. Purchase
d. Lease

38. On a Pacto de Retro contract of sale which there is no stipulation of the period to which the
vendor shall have right to buy or redeem of the property. The period of redemption shall be
____ years
a. 4
b. 10
c. 8
d. NOTA

39. Under RA 8791, the maximum redemption period after extrajudicial foreclosure of a
mortgage executed by a corporation in favor of a bank is
a. 1 year
b. 6 months
c. 3 months
d. 1 month

40. A provision in a mortgage contract which allows the creditor to immediately appropriate the
property mortgaged in the event the borrower is unable to pay his loan is called
a. Pacto de retro
b. Pactum commisorium
c. Antichresis
d. Pactum de non-aliendo
41. Under the Rent Control Act of 2005 regulating the rent of residential units, the maximum
increase in rental shall not be increased by more than annually as long as the unit is occupied
by the same lessee
a. 5%
b. 15%
c. 20%
d. 10%

42. Pursuant to Section 3 of BP 220, ________ is authorized to establish and promulgate two
levels of standards and technical requirements for the development of economic and socialized
housing projects.
a. HLURB
b. LGU
c. HUDCC
d. SHDA

43. Under BP 220, the basic needs of human settlements in descending order are as follows:
a. Water, movement and circulation, storm drainage, solid and liquid waste disposal
b. Water, movement and circulation, storm drainage, power
c. Water, movement and circulation, power, storm drainage
d. Water, power, movement and circulation, storm drainage

44. Site preservation is one of the requirements of subdivision development under BP 220
wherein suitable trees with a caliper diameter of _____ millimeters or more shall be preserved.
a. 100
b. 200
c. 300
d. 400

45. Under BP 220, the minimum area for land to be allocated for parks and playground should
be _____% of gross area based on 150 lots and below per hectare.
a. 2.5%
b. 3.5%
c. 3.0%
d. 5%

46. Under BP 220, the maximum area for land to be allocated for parks and playground should
be _____% of gross area if number of lots per hectare is above 225 lots.
a. 5.0%
b. 7.0%
c. 9.0%
d. 10.0%

47. Area for parks and playground under BP 220, in no case, should not be less than ____sqm.
a. 100
b. 300
c. 150
d. 350

48. Under BP 220 projects, if saleable lots per hectare are above 225 lots, the area for
community facilities should be at least ____% per hectare.
a. 1%
b. 2.0%
c. 1.5%
d. 2.5%
49. This law governs the titling and other transfers of title and encumbrances and other
incidents of involving the transfer certificate of title and is referred to as Presidential Decree
No.1529 is called
a. Property Registration Decree
b. Registration of Property Decree
c. Land Registration Decree
d. Land Registration Authority

50. A contract of sale of real estate must be signed by

a. Buyer only
b. Broker, buyer and seller
c. Buyer and seller
d. Broker only

51. The registration of a deed of absolute sale is done with the Register of Deeds. Under what
government agency is the Register of Deeds under and reporting to
a. LRA
b. DOJ
c. BIR
d. DENR

52. If a person is married she should state her marital status as married and also indicate the
name of her husband in site of real property. The law that provides this requirement is referred
to as
a. PD 1520
b. PD 1529
c. PD 2915
d. PD 2015

53. A real estate broker must comply with

A. Agency law
B. The RESA law
C. Both A and B
D. Neither A nor B

54. License law forbids EXCEPT

A. Soliciting for listings before one is licensed
B. Collecting a commission from more than one party to a transaction
C. Showing property to other licensees
D. The purchase by a broke of property that he/she has listed

55. Jojo, the owner of a property, signs a listing that guarantees the listing broker a commission
payment if the sale is affected by any licensed broker. This is
A. An open listing
B. An exclusive agency listing
C. An exclusive right to sell listing
D. Net listing
56. In an agency relationship, the employer is called the
a. Seller
b. Buyer
c. Principal
d. Broker

57. Real estate licenses, once received are

a. Valid indefinitely
b. Inheritable
c. Transferrable
d. Valid for a limited period only

58. In an exclusive right-to-sell listing

a. Only one broker is authorize to act as the seller’s agent
b. If the seller finds the buyer, the seller still must pay the broker his commission
c. Both A and B
d. Neither A nor B

59. To prove that the broker is entitled to a commission

a. He is a licensed broker
b. The price is a fair one
c. All liens on the property has been settled
d. All of the above

60. Mr. Quickie brought a 2 hectares raw land at P50 per square meter. If cost of money is
compounded 100% every 5 years, what will be his cost per square meters after 25 years? What
will his gross profit per square meter if he sells the land at P1,900 per square meter after 25
years?
a. P 250 / sq m
b. P 300 / sq m
c. P 350 / sq m
d. P 375 / sq

61. The sellers realize a 30% gross profit over his cost. If the property is sold at P1,950,000.00,
the cost is:
a. P1,365,000.00
b. P1,650,000.00
c. P1,500,000.00
d. P1,350,000.00

62. The rate of return earned by an investor which does not include allowance for capital
recovery is:
a. Discount rate
b. Interest rate
c. Recapture rate
d. Investment rate
63. It refers to any person directly engaged as principal in the business of buying, selling or
exchanging real estate whether on a full-time or part-time basis.
a. Dealer
b. Broker
c. Salesman
d. Appraiser

64. The study of current supply and demand conditions in a particular area for a specific type of
property is:
a. Real estate appraising
b. Cash Flow Analysis
c. Market Analysis
d. Income Projection

65. A „‟ loss in value in any cause‟‟ is a common definition of:

a. Effective Age
b. Functional Obsolescence
c. Depreciation
d. Economic Obsolescence

66. The indigenous People Act was enacted on Oct. 29, 1997 to address marginalization and
powerlessness of the indigenous Cultural Communities which is also R.A
a. R.A 8371
b. R.A 8372
c. R.A 8731
d. R.A 8732

67. For every contract of sale there must be

A. An Offer and acceptance
B. A mortgage loan
C. A Broker
D. A Good Consideration

68. If upon receipt from Julia of an offer to purchase under certain terms, Joshua, the seller
makes a counteroffer, the Julia is
A. Bound by his original offer
B. Bound to accept the counteroffer
C. Bound by the broker‟s decision
D. Relieved of her original offer

69. In the absence of an agreement to the contrary, the mortgage normally having priority will be
the one that
A. Is for the greatest amount
B. Is the permanent mortgage
C. Was recorded first
D. Is the construction loan mortgage

70. Statute of Frauds

A. Requires certain contracts to be in writing to be enforceable
B. Requires a license to operate as broker or salesperson
C. Regulates escrow accounts
D. Regulates the estate owning real estate

71. A contract that has no force or effect is said to be

a. Voidable
b. Void
c. Avoided
d. None of the above

72. The requirement that all parties to a contract have an understanding of the conditions and
stipulations of the agreement is
a. Consenting realty
b. Proper offer
c. Good and valuable consideration
d. Mutual agreement

73. In a lease contract, the tenant is the

a. Lessee
b. Lessor
c. Leasee
d. Leasor

74. A person may void a contract if it

a. Was entered under duress
b. Was entered into with a minor
c. Turned out to be a bad deal
d. Turned out to be a headache

75. Which of the following real estate contracts can be unilateral?

a. Lease
b. Contract of sale
c. Mortgage
d. None of the above

76. The mortgagor’s right to reestablish ownership after foreclosure is called

a. Acceleration
b. Resatisfaction right
c. Equity of redemption
d. Redemption provenance

77. In a mortgage, the contract specifies payments of Php2,000 per month, and a final payment
of Php220,000 at the end of 10 years. The final payment is called
a. Escalator
b. Amortization
c. Balloon
d. Parachute
78. The process in which real estate is sold to pay debts or claims is known as
a. Lien
b. Foreclosure
c. Covenant
d. Defeasance

79. A person who has another’s power of attorney is called a/an

a. Agent in place
b. Real estate broker
c. Lawyer
d. Attorney-in-fact

80. Zane dies without a will. According to the laws of the estate, Arlene receives title to Zane’s
real estate. Arlene has received
a. Title by descent
b. Clouded title
c. Easement title
d. Legacy title

81. A deed is recorded

a. To give public notice
b. To insure title
c. To satisfy the law
d. To avoid extra taxes

82. When a party to a contract unintentionally misleads the other party into agreeing to the
contract, this action is an example of
a. Fraud
b. Misrepresentation
c. Duress
d. Defeasance

83.Which of the following can adequately describe the consideration in a deed?

a. For ten thousand and other valuable consideration
b. For natural love and affection
c. The actual amount of consideration paid
d. All of the above

84. A “contract for deed” is also known as

a. An installment land sales contract
b. A land contract
c. Both A and B
d. Neither a nor B

85. An estoppel certificate is required when the

a. Mortgage is sold to an investor
b. Property is sold
c. Property is being foreclosed
d. Mortgage is assumed

86. The transfer, by a tenant, of certain rights and obligations of an existing lease to another
tenant is called
a. Assignment of lease
b. A release
c. Subleasing
d. Eviction

87. An owner who seeks a mortgage loan and offers three properties as security will give
a. Blanket mortgage
b. A conventional mortgage
c. A chattel mortgage
d. PAG-IBIG mortgage

88. To be enforceable, a sales agreement must have

a. The signature of the wife of a married seller
b. An earnest money deposit
c. Competent parties
d. Witnesses

89. Which of the following has no warranty

a. Executor’s deed
b. Quitclaim deed
c. General warranty deed
d. Trustee’s deed

90. Under Truth in Lending, the lender must advice the borrower of the loan’s
A. Annual Deposit Amount
B. Annual percentage rate
C. Annual Income Statement
D. Annual Financial Statement

91. If a borrower defaults on the payments to a mortgage loan, which clause allows the lender to
demand immediate payment I full of the entire remaining loan balance?
a. Defeasance
b. Subrogation
c. Acceleration
d. Due-on-sale

92. If the consideration has value only to the person receiving it, it is
a. Personal consideration
b. Good consideration
c. Valuable consideration
d. Good and valuable consideration

93. A lease that spell out specific increases in rent during the term of the lease is
a. Reappraisal
b. Net
c. Step
d. Percentage

94. A minor may be bound by the courts to contracts for

a. Personalty only
b. Realty only
c. Rent only
d. Necessaries only

95. A lease that requires a tenant to pay operating expenses of the property is a ___ lease
a. Gross
b. Flat
c. Net
d. Step

96. In a lease contract, the Land owner is the

a. Lessee
b. Lessor
c. Leasee
d. Leasor

97. Complaints about housing discrimination may be brought

A. To the Director of the HLURB
B. Directly to court
C. Either A or B
D. Neither A or B

98. A contract that gives someone the right but not the obligation to buy at a specified price
within a specified time is
a. Contract to sale
b. Option contract
c. Contract of sale
d. None of the above

99. Consideration that is of value only to the person who receives it is called
a. Good consideration
b. Near consideration
c. Valuable consideration
d. No consideration

100. A mortgage held by the seller of the mortgaged property is

a. A purchase money mortgage
b. A satisfaction piece
c. A lien dependent
d. A joint tenancy
Subdivision Development

1. The registered owner or developer of the subdivision project may donate the roads and open
space of the subdivision project to the city or municipality where it is located on the condition:
a. The project is completed
b. The homeowners allows the donation
c. The developer option is to donate to LGU
d. NOTA

2. Bulk buying under PD 957 is exempted from securing a certificate of registration and license
to sell under the following condition
a. Introduction of housing units without altering original plan
b. Introduction of housing units with a a new plan
c. Introduction of socialized housing with a new plan
d. NOTA

3. A provision in a mortgage contract which allows the creditor to immediately appropriate the
property mortgaged in the event the borrower is unable to pay his loan is called
a. Pacto de retro
b. Pactum commisorium
c. Antichresis
d. Pactum de non-aliendo

4. The most common type of foreclosure which a bank undertakes when its borrower fails to pay
the principal amount of the loan is referred to as
a. Judicial foreclosure
b. Extra-judicial foreclosure
c. Both A and B
d. NOTA

5. Area for parks and playground under BP 220, in no case, should not be less than ____sqm.
a. 100
b. 300
c. 150
d. 350

6. Under economic housing, the maximum right-of-way for major road is ____meters.
a. 10
b. 14
c. 12
d. 15

7. For BP 220 projects, minimum clear widths for bedroom door should be ______meters.
a. O.60
b. 0.70
c. 0.65
d. 0.75

8. The Servient estate in an easement appurtenant is the property

A. Owned by the landlord
B. On which the easement is placed
C. That benefits from the easement
D. Owned by the tenant

9. Your uncle died without a will, and you inherited his real estate. The way in which you would
acquire his estate is by:
A. Accession
B. Succession
C. Escheat
D. Avulsion

10. It refers to a subdivision plan of a registered land wherein a street, passageway or open
space is delineated on the plan.
a. Complex subdivision plan
b. Subdivision project
c. Condominium project
d. Condominium unit

11.This term shall mean a tract or a parcel of land registered under Act No. 496 which is
partitioned primarily for residential purposes into individual lots with or without improvements
thereon, and offered to the public for sale, in cash or in installment terms.
A. Subdivision project
b. Subdivision lot
c. Condominium project
d. Condominium unit
12. It shall have exclusive jurisdiction to regulate the real estate trade and business in
accordance with the provisions of Presidential Decree 957.
a. NHA
b. HLURB
c. DSHUD
d. PhilRes

13. Its purpose is to guarantee the construction and maintenance of the roads, gutters,
drainage, sewerage, water system, lighting systems, and full development of the subdivision
project or the condominium project and the compliance by the owner or dealer with the
applicable laws and rules and regulations.
a. Performance bond
b. Coupon bond
c. Guaranty
d. Mortgage

14. A charge against any person guilty of misbehavior in the presence of or so near the hearing
officials as to obstruct or interrupt the proceedings before the NHA or of refusal to be sworn or
to answer as a witness or to subscribe an affidavit or deposition when lawfully required to do so.
a. Direct contempt
b. Indirect contempt
c. Violation of PD957
d. Violation of RA 6541
15. Real estate tax and assessment on a lot or unit shall be paid by the owner or developer
without recourse to the buyer even after the title has passed to the buyer. In case the buyer has
actually taken possession of and occupied the lot or unit, he shall not be liable to the owner or
developer for such tax and assessment for as long as the title has not passed the buyer.
a. Both statements are correct
b. Both statements are incorrect
c. Only the first statement is correct
d. Only the second statement is correct

16. The passing rate for real estate service practice examination is:
a. An average of at least seventy-five percent (75%) in all subject, with no rating below sixty
percent (60% in any subject
b. An average of at least seventy percent (70%) in all subjects, with no rating below fifty percent
(50%) in any subject
c. An average of at least seventy-five percent (75%) in all subjects, with no rating below fifty
percent (50%) in any subject
d. An average of at least seventy-five percent (75%) in all subjects, with no rating below sixty
percent (60%) in any subject

17. Subdivision projects shall be located in commercial zones or other areas appropriate for
commercial uses. Subdivision projects supportive of other major urban activities like housing for
industrial workers may be allowed in area zoned for the said urban activities.
a. Both statements are correct
b. Both statements are incorrect
c. Only the first statement is correct
d. Only the second statement is correct

18. For open market and medium cost subdivision projects with an area of one (1) hectare or
more, maximum of 70% of the gross area shall be allocated as sealable area. Minimum of 30%
must be allocated as nonsealable area.
a. Both statements are correct
b. Both statements are incorrect
c. Only the first statement is correct
d. Only the second statement is correct

19. This refers to the power of NHA, through its duly authorized representative to, at any time,
make an examination into the business affairs, administration, and condition of any person,
corporation, partnership, cooperative, or association engaged in the business of selling
subdivision lots and condominium units.
a. Visitorial
b. Adjudicatory
c. Take-over
d. Regulatory

20. The performance bond required may be in any of the following forms or a combination
thereof except for one.
a. A surety bond callable upon demand amounting to 20% of the development cost of the
unfinished portion of the approved plan
b. Real estate mortgage to be executed by the applicant as mortgagor in favor of the Republic
of the Philippines as mortgagee
c. Cash Bond
d. Any revocable credit line to be utilized in the development of the project from any bank of
recognized standing

21. An Act Authorizing the Ministry of Human Settlements to Establish and Promulgate Different
Levels of Standards and Technical Requirements for Economic and Socialized Housing
Projects in Urban and Rural Areas from Those Provided Under Presidential Decrees Numbered
Nine Hundred Fifty-Seven, Twelve Hundred Sixteen, Ten Hundred Ninety-Six and Eleven
Hundred Eighty-Five
a. BP 220
b. PD 957
c. PD 1396
d. RA 7279

22. A public way intended to serve both pedestrian and emergency vehicles, and also access to
lots, both end always connecting to streets.
a. Alley
b. Valley
c. Block
d. Fire block

23. A wall used jointly by two parties under easement agreement, erected upon a line
separating two parcels of land each of which is a separate real estate.
a. Party Wall
b. Lot Line Wall
c. Fire Wall
d. Fire Block

24. A single-family attached dwelling containing three or more separate living units designed in
such a way that they abut each other at the sides, as in a row, and are separated from each
other by party walls
a. Row house
b. Low-cost housing
c. Socialized housing
d. Multi-family dwelling

25. A type of housing project provided to average income families.

a. Economic housing
b. Socialized housing
c. Row house
d. Duplex
26. It refers to housing programs and projects covering houses and lots and homelots only
undertaken by the government or the private sector for the underprivileged and homeless
citizens
a. Economic housing
b. Socialized housing
c. Row house
d. Duplex

27. It refers to the part or end of a lot which abuts a street.

a. Frontage
b. Alley
c. Block
d. Plot

28. This Act shall be known as the “Urban Development and Housing Act of 1992.”
a. RA 7279
b. RA 7610
c. PD 957
d. BP 220

29. It refers to the areas where the structures are dilapidated, obsolete and unsanitary, tending
to depreciate the value of the land and prevent normal development and use of the area.
a. Blighted lands
b. Idle lands
c. Resettlement area
d. abandoned lands

30. Joy has been informed that her land is being taken by the estate for the development of a
new Highway. the estate will pay Joy for her land. This process is called the right of
A. Police Power
B. Escheat
C. Taxation
D. Eminent Domain

31. Legitime means:

A. That part of the property of the testator or estate that cannot be disposed of because the law
has reserved it for compulsory heirs.
B. The free portion of the property that the owner cannot dispose
C. The estate taxes that the heir has to pay before getting the property left by the deceased.
D. That free portion of the property that a person is permitted by law to control a certain part for
his own disposition and will

32. A holographic will must be the following except.

A. Must be dated
B. Must be entirely written by the hand of the testator himself
C. Must be signed by 3 witnesses and acknowledged before a notary public
D. Must be signed by a testator himself
33. Under BP 220 minimum lot area for single detached for economic housing:
a. 38 sqm
b. 45 sqm
c. 72 sqm
d. 64 sqm

34. A document issued by the DENR Secretary that the proposed project will not cause a
significant negative environmental impact.
a. Environmental Compliance Certificate
b. Environmental Impact Assessment
c. Environmental Impact Statement
d. Environmental Assessment Survey

35. Maximum acquisition of former Filipino citizens for business purpose in Rural Land.
a. 1 hectare
b. 2 hectares
c. 3 hectares
d. 5 hectares

36. The minimum area allocated for a park and playground.

a. 50 sqm
b. 100 sqm
c. 200 sqm
d. 250 sqm

37. Dual Citizenship Law

a. RA 9225
b. RA 2592
c. RA 5292
d. RA 9522

38. A device which grant property owner relief from certain provisions of the zoning ordinance
where, because of specific use, would result in a particular hardship upon the owner as
distinguished from a mere inconvenience or a desire to make more money.
a. Variance
b. Temporary use permit
c. Deviation
d. Exception

39. Prescribing the guidelines of Sec. 20, RA 7160 authorizing the cities/municipalities to
reclassify lands into non-agricultural uses:
a. MC No. 34
b. MC No. 54
c. MC No. 43
d. MC No. 24
40. National Shelter Program, designated HLURB as the sole regulatory body of housing and
land development
a. EO 90
b. PD 957
c. RA 9700
d. EO 209

41. Cartography is the science of

a. Demographics
b. spatial orientation
c. making visualization
d. map-making

42. Lines of longitude

a. Never meet
b. are referred to as parallels
c. Begin at the equator
d. intersect at the poles

43. These are the three types of environmentally critical projects

a. Heavy Industries, Resource Extractive Industries, Infrastructure Projects
b. Heavy Equipment, Heavy Industries, Resource Extractive Industries
c. Industrial Projects, Infrastructure Projects, Agricultural Projects
d. Reserve Parks, National Park, Theme parks

44. A subdivision development is a local community that is also referred as

a. Municipality
b. Neighborhood
c. Planned community
d. None of the above

45. The importance of EIA that measures allocation and utilization in terms of cost associated
with
a. Environmental preservation
b. Environmental degracation
c. Environmental conservation
d. Environmental awareness

46. The following are environmentally critical projects except

a. Smelling plants
b. Extraction of mangrove products
c. Grazing
d. Tree planting

47. Refers to those develop areas with community, facilities, utilities, services, and amenities
concentrated in a contagious population or neighborhood.
a. Urban Subdivision
b. Rural subdivision
c. Sub-urban subdivision
d. Urbanized land

48. Those subdivision of provincial lands where the major portion are utilized in agricultural
purpose and only small portion are developed for residential uses is called:
a. Urban Subdivision
b. Rural subdivision
c. Sub-urban subdivision
d. Urbanized land

49. Developed communities within the perimeter of existing cities or municipalities of developed
urban environs is known as:
a. Urban Subdivision
b. Rural Subdivision
c. Sub-urban Subdivisions
d. Urbanized Lands

50. Refers to environmentally responsive development

a. Green technology
b. Green revolution
c. Green development
d. Green resource efficiency

51. Peeling paints and loose floorboards are examples of

a. Physical deterioration
b. Functional obsolescence
c. Economic obsolescence
d. Both A and B

52. Which type of depreciation generally is not curable?

a. Physical deterioration
b. Functional obsolescence
c. Economic obsolescence
d. All of the above

53. One who maintains no inventory of the asset, and is usually compensated by a fee charged
tone of the transacting parties.
a. Real Estate Broker
b. Real Estate Salesperson
c. Real Estate Appraiser
d. Real Estate Dealer

54. Any licensed person or business entity that, in exchange for valuable consideration,
negotiates the sale, purchase, lease, or exchange of real property for others.
a. Real Estate Developer
b. Real Estate Dealer
c. Real Estate Salesperson
d. Real Estate Broker
55. Juan is a person accredited with Professional Regulation Commission’s PRBRES who
performs service for, and in behalf of a licensed real estate broker. He is
a. Real Estate Consultant
b. Real Estate Appraiser
c. Real Estate Salesperson
d. Real Estate Assessor

56. The term that refers to the land as a physical, tangible entity and other with all the additions
or improvements on, above or below the ground.
a. House and Lot
b. Condominium
c. Land and Building
d. Real Estate

57. The acquisition of land in advance of actual need based on present value for future planned
development is referred to under Urban Land Reform Law as:
a. Land assembly
b. Land banking
c. Urban renewal
d. New settlement

58. “Real estate development project” refers to the following, except:

a. Development of land for residential, commercial, or industrial use.
b. Development of land for institutional, tourism or recreational purposes
c. Development of skills and knowledge of real estate appraisers, brokers or salespersons
d. Development of land for agricultural, reclamation, or columbary projects

59. The following are real estate service practitioners, except:

a. Real Estate Developer
b. Real Estate Appraiser
c. Real Estate Assessor
d. Real Estate Salesperson

60. The person who represents the real estate broker in dealing with the customer and is
accredited with the Professional Regulation Commission’s PRBRES:
a. Dealer
b. Agent
c. Developer
d. Salesperson

61. The agreement between the licensed real estate broker and buyer of property
a. Listing Contract
b. Deed of Assignment
c. Option Agreement
d. Purchase Agreement

62. The Subdivision and Condominium Buyers Protective Decree:

a. PD 1096
b. PD 1185
c. PD 957
d. PD 1586

63. The Republic Act No. 6552, or the Maceda law is also referred to as the:
a. Realty Installment Buyer’s Protective Decree
b. Realty Installment and Financing Act
c. Realty Installment Consumer Act
d. Realty Installment and Protection Decree

64. What legal doctrine of property ownership holds that property ownership presupposes
concomitant obligations to the state and the community and that property is supposed to be held
by the individual only as a trustee for people in general; and the owner must exercise his rights
to the property not just for his own exclusive and selfish benefit or interest but for the good and
general welfare of the nation as a whole?
a. Steward Concept
b. Property Acquisition Doctrine
c. Property Obligations Concept
d. Property Ownership Concept

65. Before a developer can start selling lots or units in a condominium project, it must FIRST
secure from the HLURB
a. Certificate of registration
b. License to sell
c. Certificate of completion
d. Certificate of Conversion

66. The following types of projects are required to obtained a Certificate of Registration and
License to Sell form HLURB, except:
a. Condominium
b. Subdivision
c. Townhouses
d. Office building

67. During what congress was the Republic Act 9646 enacted into law.
a. 13th Congress
b. 14th Congress
c. 15th Congress
d. 16th Congress

68. Which of the following is an “improvement‟ to land?

a. Rezoning
b. Driveway
c. Orchard
d. All of the above

69. Real Property is defined as

a. Real estate owned by someone
b. Land and all the improvements
c. Land plus title
d. Real estate and the bundle of rights

70. The largest “bundle of rights” to real estate is a ______ estate

a. Leasehold
b. Fee simple
c. Life
d. Homestead

71. Which of the following is an “improvement‟ to land?

a. Rezoning
b. Driveway
c. Orchard
d. All of the above

72. Site preservation is one of the requirements of subdivision development under BP 220
wherein suitable trees with a caliper diameter of _____ millimeters or more shall be preserved.
a. 100
b. 200
c. 300
d. 400

73. Under BP 220, the basic needs of human settlements in descending order are as follows:
a. Water, movement and circulation, storm drainage, solid and liquid waste disposal
b. Water, movement and circulation, storm drainage, power
c. Water, movement and circulation, power, storm drainage
d. Water, power, movement and circulation, storm drainage

74. Minimum opening of windows in relation to room floor area

a. O.05%
b. 0.10%
c. 0.15%
d. 0.20%

75. Under BP 220 projects, if saleable lots per hectare are above 225 lots, the area for
community facilities should be at least ____% per hectare.
a. 1%
b. 1.5%
c. 2.0%
d. 2.5%

76. For single attached, concrete firewall should be at least _____ inches thick.
a. 4
b. 5
c. 6
d. 7

77. Price of lot for socialized housing should not exceed ________% of the selling price.
a. 25%
b. 30%
c. 40%
d. 50%

78. For multi-family dwellings and condominiums, there should be one parking slot for every
____living units.
a. 6
b. 5
c. 7
d. 8

79. Under economic housing, the minimum right-of-way for major road is ___meters.
a. 6
b. 7
c. 8
d. 10

80. Under economic housing, the maximum right-of-way for major road is ____meters.
a. 10
b. 12
c. 14
d. 15

81. Personal property that, by its attachment to real property, is regarded as real estate is called
_____________.
a. a fixture
b. an emblement
c. personalty
d. an appliance

82. Which of the following lists correctly describes the physical and economic characteristics of
real estate?
check
a. Immovable, indestructible, unique, scarce.
b. Depreciable, indestructible, scarce, unique.
c. Unique, immovable, abundant, indestructible.
d. Moveable, indestructible, scarce, unique.

83. If a person has complete control over their property, and the ownership in the property is not
defeasible, what interest does the person have in the property?
a. fee conditional estate
b. fee simple estate
c. life estate
d. defeasible fee estate

84. Lovely and Miko own two contiguous properties situated on the shores of a fast-moving
river. Lovely's parcel is situated upstream from Miko's parcel. Over time, the action of the river's
water has moved some silt and dirt from the shores of Lovely's property and deposited it
downstream on the shores of Miko's property. Based upon this fact pattern, which of the
following lists best describes what has occurred on Miko's property?
a. Alienation, attachment, alluvium
b. Accession, littoral, standing water
c. Assemblage, plottage, increased value
d. Accession, accretion, alluvium
85. Which of the following is the difference between the value of a property and the total amount
of liens against the property?
a. investment
b. basis
c. down payment
d. equity

86. A parcel of residential real estate is held in a life estate. The life tenancy is held by a
woman, and she is the measuring life. Her nephew is the remainderman. The life tenant wants
to take out a loan using the property as collateral. Which of the following statements is correct?
a. No lender will lend money when the collateral is real estate held in a life estate.
b. The remainderman's signature on the loan documents is irrelevant to the lender's security
interest in the realty.
c. Because she is merely a life tenant, the woman holds a non-freehold estate.
d. Both the life tenant and the remainderman will need to sign the loan documents to protect the
lender's security interest in the property.

87. There are four separate, recently-sold parcels of real estate on Main Street. Parcel 1 was
owned by a Real Estate Investment Trust and was voluntarily conveyed to the City where the
property is situated. Parcel 2 was owned by four unmarried brothers and was voluntarily
conveyed to their father. Parcel 3 was owned by two corporations, until one corporation recently
sold its ownership interest in the property to the other corporation. Parcel 4 was owned by Mr.
and Mrs. Kim, but was recently sold to Amanda Lee, Trustee of the Lee Family Revocable
Trust. What do all of these buyers have in common?
a. Concurrent ownership.
b. Ownership in severalty.
c. Fractional, but undivided ownership.
d. Right of survivorship.

88. Your neighbors use a portion of your property to reach their guest apartment, which is on
their property. As far as you can recall, you never gave them permission to use your property,
and you discuss with your attorney the possibility of preventing the neighbors from using your
property. Your attorney explains that the ownership of the neighbors' real estate includes an
easement appurtenant giving them the right to use that portion of your property. Your property is
the _____________.
a. leasehold interest
b. dominant tenement
c. servient tenement
d. license property
89. Selma lists her property with XYZ Realty, ABC Realty, and MNO Realty. In each listing
agreement, Selma has agreed to pay a commission to the listing firm only if that firm finds a
ready, willing and able buyer and a sale is consummated. This type of listing is _____________.
a. an exclusive agency listing
b. an open listing
c. an exclusive right-to-sell listing
d. an MLS listing

90. An owner of a parcel of vacant land and a prospective buyer enter into a written contract.
For a nonrefundable fee, the owner agrees to keep the prospective buyer's offer on a property
open--for a mutually-acceptable period of time. If the prospective buyer decides to buy the
vacant land, both parties have agreed to a purchase price. If the prospective buyer decides
against purchasing the property, the owner will keep the nonrefundable fee received from the
prospective buyer at the time the contract was signed. Which term most accurately describes
the contractual agreement between these two parties?
a. Bilateral contract.
b. Option contract.
c. Purchase contract.
d. Unenforceable contract.

91. Mr. Bino Ang borrowed from the bank to buy a condominium residential unit but failed to pay
his loan with the bank Mr. Bino Ang, upon foreclosure of the condominium unit will have a right
to redeem the property sold in public auction
a. Within 1 year from the registration of the sale with the ROD
b. Within 3 months from the registration of the sale with the ROD
c. Within 1 year from the date of the foreclosure
d. Any of the above

92. Complaints about housing discrimination may be brought

A. To the Director of the HLURB
B. Directly to court
C. Either A or B
D. Neither A or B

93. Real estate licenses, once received are

a. Valid indefinitely
b. Inheritable
c. Transferrable
d. Valid for a limited period only

94. Cartography is the science of

a. Demographics
b. spatial orientation
c. making visualization
d. map-making

95. The size of map’s smallest discernable unit is its

a. Scale
b. Density
c. Region
d. Resolution

96. It means that if a person having no authority whatsoever, purports to act as an agent and
the purported principal later adopts the acts of that agent, an agency relationship has
retroactively been created.
a. Estopped
b. Ratification
c. Tacita reconducta
d. Appointment
e. None of the above

97. The following are the general duties of the agent to the principal, except:
a. Loyalty
b. Honesty
c. Negligence avoidance
d. Collection of professional fees
e. None of the above

98. As expressly provided by the Implementing Rules and Regulations of the RA 9646, the
following are subject matters of the real estate brokers examination, except:
a. Fundamentals of Property Ownership
b. Basic principles of ecology
c. Lot plotting
d. Planning, Development and Zoning

99. The owner or developer shall deliver the title of the lot or unit to the buyer upon full payment
of the equity of the lot or unit. No fee, except those required for the registration of the deed of
sale in the Registry of Deeds, shall be collected for the issuance of such title.
a. Both statements are correct
b. Both statements are incorrect
c. Only the first statement is correct
d. Only the second statement is correct

100. Tenancy in severalty refers to

A. Ownership by a married couple
B. Ownership of one person
C. Ownership by blood relationship
D. Ownership by unrelated people