1.

The "bundle of rights theory" also means

A.
Rights of land beneficiary
B.
Rights of land beneficiary
C.
Rights of vendee-a-retro

2. Identify the housing program of the government & the project set tor intended for the
underprivileged and homeless citizens.
A. HGC - Home Guaranty Corporation
B. NHA - National Housing Authority
C. HUDCC - Housing Urban Development Coordinating Council

3. After the 1992 Rio Summit, it became a buzzword for measuring the health of the
planet. And for referring to number of species found there
A.
Biodiversity
B.
Ecological Footprint
C.
Conservation

4. May be defined briefly as that which constitutes a just cause of exclusive possession,
or which is the foundation of owner of property.
A.
Deeds
B.
Titles
C.
Patents

5. Contract of Sale is to Deed of Sale; Contract to Sell

A.
Dacion En Pago
B.
Deed of Conditional Sale
C.
Deed of Sale with Mortgage

6. The retention unit of landowners under the CARP is

A. 5 has for the landowners and 3has per child irrespective of age
B.5 has for the landowners and 3 has per child who must be at least 15 years old
C 5 has for the landowners and 3 has per child who must at least be 15 years old and is
. actually tilling the land or managing the farm

7. Under BP 185, a former natural born Filipino may acquire residential land in the
Philippines even if already a foreign citizen provided that it should not exceed the
following area in case of urban land.
A.
100 sqms.
B.
500 sqms.
C.
1,000 sqms.

8.
A.
B.
C.

Right of way is a kind of

Easement and servitude
Accretion
Setback

9. 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. The Property Registration Decree
B. The Property Title Registration law
C. The Property and Registration law

10. It is a spatial (non-spatial) and social process which refers to the changes of
behaviour and social relationships that occur in social dimensions as a result of
people living in towns and cities
A.
Urban Growth
B.
Urbanisation
C.
Globalization

11. It refers to a document embodying specific proposals for guiding, regulating growth
and development of a city or municipality
A.
Building Code
B.
Zoning ordinance
C.
Comprehensive Land Use Plan

12. The Philippine Environmental Impact Statement (EIS) System was formally
established in 1978 by virtue of ________
A.
PD No. 1586
B.
RA No. 1586
C.
RA No. 6465

13. Registration of a contract of sale in the Registry of Deeds is not an element of sale
because:
A.
It is dispensable to the contract
B. It is a post-operative act to a contract
C. It merely confirms not confers any new right

14. Real property declared for the first time shall be assessed for the period during
which it would have been liable but in no case for more than
A.
24 months
B.
2 years
C.
10 years

15. If the value added tax is P720,000, what would be the selling price inclusive of VAT?
A.
5,720,000
B.
6,720,000
C.
7,720,000:

16. Maximum loan entitlement of Pag-ibig member paying P1,300D0 monthly

contribution
A.
2.7M
B.
2.0 M
C.
1M

17. Three (3) types of transactions, under PD 957, exempted from securing license to
sell:-except?
A.
On site CMP
B.
NHA controlled buying
C Bulk buying with construction of housing units resulting in increased density from the

. original plan

18. It is a land use policy area referring to resources that need to be protected,
conserved, and rehabilitated, including areas that require prevention and mitigation
of disasters
A.
Production
B.
Infrastructure
C.
Protection

19. If the owner / developer of a subdivision project will not donate the open spaces to
the local government, the ____ shall remain responsible for its the maintenance.
A.
Owner/developer
B.
Local government
C.
Association

20.

A Zoning ordinance is a locally enacted legislation.

A.
True
B.
False
C.Case-to-case
21. What is that cash or payment in kind given by landowner or developer to tenants,
farm workers or bonafide occupants to be affected by the DAR conversion?
A.
Ejectment compensation fund
B.
Tenant share remuneration
C.
Disturbance compensation

22. Mr. Villanueva inherited a piece of land when he was still single. Then he got
married on October 1, 2000 without a marriage settlement. What is the nature of the
property now that he is married?
A.
Exclusive property
B.
Community property
C.
Conjugal property

23. Consequences of non-payment of assessment are: except?

A The management body may constitute a lien on the delinquent condominium unit by
. registering with the Register of Deeds a notice of assessment and delinquency.
B Such lien may be enforced in the same manner provided by law for the judicial or
. extra-judicial foreclosure of mortgage.
C The unit owner affected shall not have the same right of redemption as in cases of
. judicial or extrajudicial foreclosure of mortgage.
24. BIR has consistently ruled that the conveyance of condominium units including
parking units without consideration to the unit buyers/owners is
A.
Not subject to tax
B.
Subject to tax
C. Subject to tax in a case-to-case basis

25. The seller of a family home who fails to utilize the proceeds to acquire a new
residence within 18 months from the sale shall be assessed an additional deficiency
capital gains tax inclusive of penalties and surcharges of:
A.
10% interest p.a.
B.
20% interest p.a.
C.
25% interest p.a

26. The sale by a dealer of a residential property is not subject to E-VAT when the price
does not exceed:
A.
1.000,000.00
B.
2,500,000.00
C.
3,000,000.00

27. Juan checked the title of the land he was intending to buy and upon verification he
found out that there was a notice of lis pendens at the back of the title. This means
that:
A.
The property is under lease
B. The property has back taxes pending'
C. The property is subject of a pending case

28. They are more expansive and contain a wide range of land uses
A.
Rural settlements

B.
C.

Urban Settlements
Both rural and urban settlements

29.
DEVELOPMENT ITEMS include the ff.-exceptA. Clearing and grubbing, cut and fill, and/or backfilling
B. Roads, curbs and gutters, sidewalks, planting strips
C. Ravine, creek and natural waterways

30.
A.
B.
C.

HDMF Maximum loan amount

1 Million
2 Million
3 Million

31. The Foreign Investments Act of 1991 allows former natural born Filipinos to acquire
land for business purpose in a rural area not to exceed an area of
A.
5,000 sqms
B.
1 hectare
C.
3 hectares.

32. All ecological space that shares the same species, climate, animals, and plants is
called
A.
Environment
B.
Biome
C. Habitat
33. The law that protects buyers in a condominium of a subdivision project.
A.
PD 957
B.
BP220
C.
PD 1586

34. Assuming due cause , for foreclosure; what s the condition for a real estate
mortgage to before closed extra judicially?
A. When parties involved want to avoid litigation
B.When there is a special power to sell inserted in or attached to the mortgage contract

C. When the mortgagee is not a juridical person

35. The owner of a house and lot located in Metro Manila lives in Canada and wanted to
sell her house and lot and gave a power of attorney to her daughter to sell the
property. The owner should therefore execute this document in favour of her
daughter to sell the property
A.
Special power of attorney
B.
General power of attorney
C.
Authority letter

36. Annotation of Section 4, Rule 74 of the Rules of Court on the title to the property of
a deceased person, a surviving spouse and children ; provides that the property
shall be subject to the rights of three of the following. Who among the four does not
have the right to the subject property?
A.
Heirs
B.
The parents of the deceased
C.
Creditors

37. Mortgage of a subdivision project by the Owner/Developer requires _______ by

HLURB.
A.
Prior written approval
B. Written approval after bank take-out
C.
Verbal approval

38. What is the current maximum selling price of a house & lot under BP 220 economic
type of subdivision?
A.
1 Million
B.
1.25 Million
C.
1.5 Million

39. This urban land use class refers to manufacturing areas consisting of factories
A.
Industrial

B.
C.

Residential
Open space

40. A house and lot, with a land area of 400 square meters was sold at P2,500,000. Per
tax declaration, the fair market value of the house is P1,000,000, and the lot is
P1,200,000. The zonal value of the lot is P5,000 per square meter. The sale is
subject to capital gains tax. What is the tax base?
A.
2,000,000
B.
3,000,000
C.
3,500.000

41. R.A. 9225 (Citizenship Retention and Reacquisition Act) dated August 29, 2003,
provides that natural born citizens of the Philippines, who have lost their citizenship
by reason of their naturalization as citizens of a foreign country are deemed to have
reacquired Philippine citizenship (who shall thereafter enjoy full civil and political
rights) after compliance with what process?
A. Submission of an affidavit of good faith
B.
Taking an oath of allegiance
C.
Deposit of P1M w/bid

42.
Donation of a property is void when:
A The donor stipulates that the property shall not be occupied by the done until after the
. donor's death
B The donor is donating to his mistress who has been charged and found guilty of
. adultery
C.The donor stipulates that the donee give the fruits of the land for one year to his
siblings
43. Mr. Castro owns a 240 sqm rectangular lot with a 12-meter frontage. He wanted to
enclose it with a fence made of hollow blocks, 1.7 meters high above the ground
with 03 meters below the ground. The fence cost P750.00/sqm. How much will the
fencing cost if a 4 feet meter wide steel gate costing P25,000.00 is installed?
A.
P90,000.00

B.
C.

P125,000.00
P115,000.00

44. Are the differences between condominium & a subdivision project:-except?

A.
Proof of ownership
B.
Common areas vs. open spaces
C.
Price

45. A buyer on installment who has paid at least two years of installments, under R.A.
6552, is entitled to a refund of 50% of total payments effected during the first five
years and an additional______ every year but not to exceed 90% of total payments
made
A.
Five (5%) percent
B.
Fifty (50%) percent
C.
Twenty (20%) percent

46. Where these areas have railways and canals for transports and housing and
industry mixed together, the kind of settlement according to function
A.
Market towns
B.
Ports
C.
Industrial towns

47. In a legal contract/instrument between individuals as parties, the instrument must

contain the following data concerning the parties, except:
A. Capacity and personality in the contract
B.
Civil status and citizenship
C.
Board resolution

48. This area. composed of a community and the physical environment it occupies is
called
A.
Ecosystem
B.
Biome
C.
Biosphere

49. Planning and designing a condominium project shall conform with the minimum
design standards prescribed by:
A.
HLURB and other existing laws
B.
Building Code
C.
Local government
50. This refers to the rights or attributes which are inherent in, or appurtenant to
ownership
A.
Bundle of Attributes
B.
Bundle of Rights
C.
Steward Concept

51. Husband and wife cannot sell property to each other except when a separation of
property is agreed upon in the "ante-nuptial" contract and
A. When their property relationship is one of absolute community or property
B. When one of the spouses is accused of infidelity
C. When there is a judicial separation of property

52. Three of the following are important information in the documentation and
registration of areal estate sale. Which information is false?
A Capital Gains Tax is 6% , pf the total contract price or zonal valuation, whichever is
. higher
B Documentary Stamps. Tax is 1,5% of the total contract price or zonal valuation,
. whichever is higher
C Transfer fees are computed at 1.5% of the total contract price or zonal valuation,
. whichever is higher

53. Payment of realty taxes shall be the sole responsibility of the buyers on installment
payment at all times.
A.
True
B.
False
C.
Sometimes

54. In general, a mortgagor who mortgaged his real property and later was foreclosed

extrajudicial and sold at public auction may redeem the property within the period of
A. Ninety (90) days from date of auction sale
B. One (1) year from registration of certificate of sale
C. One (1) year from date of auction sale

55.
A.
B.
C.

56.
A.
B.
C.

Are powers of the HLURB: except?

Regulate and adjudicate
Issue License to sell
Issue development permit

Are types of subdivision projects: except?

Residential
Commercial
Parking grounds

57. In the conjugal partnership of gains, what kind of property does the spouses have
conjugal partnership on:
A. Winnings from a game of chance
B. Income realized by spouses during the marriage
C. Property owned by spouses exclusively

58. It refers to meeting the needs of the present without compromising the ability of
future generations to meet their own needs
A.
Ecological Footprint
B.
Conservation
C.
Sustainable Development

59. A house and lot, with a land area of 400 square meters was sold at P2,500,000. Per
tax declaration, the fair market value of the house is P1,000,000, and the lot is
P1,200,000. The zonal value of the lot is P5,000 per square meter. The sale is
subject to capital gains tax. How much is the documentary tax?
A.
30,000.00
B.
37,500.00
C.
45,000.00

60. A contract of sale whereby part of the purchase price is paid upon execution of the
contract and the balance to be paid within a stipulated period and the property is
mortgaged back to the vendor to secure the payment of the balance:
A. Deed of sale with assumption of mortgage
B. Deed of sale with warranty of payment of balance
C.
Deed of sale with mortgage

61. 1t is a document that outlines the preferred future spatial arrangement of land uses,
with a set of proposed actions to turn the plan a reality.
A.
Tax Map
B.
Land use plan
C.
Land use map

62. The part/percentage of subdivision project allocated exclusively for parks,

playgrounds &recreational use roads, aIleys & sidewalks classified under PD957.
A.
20%
B.
15%
C.
30%

63.
A.
B.
C.

Right to foreclosure of real estate mortgage prescribes in

1 year
5 years
10 years

64. In a contract to sell by a corporation, the instrument must include the following
except:
A The firm has legal right to own in the Philippines in case ownership is to , be
. transferred
B. Contract is duly authorized by proper Board Resolutions of the Directors '
C. Financial statement of the Corporation

65. It refers to the management of the earth's resources in a way which aims to restore
and maintain the balance between human requirements and the other species of

A.
B.
C.

the world.
Biodiversity
Ecological Footprint
Conservation

66. Are parts of the condominium project classified as common area:-except?

A.
Amenities
B.
Commercial units
C.
Lobby

67. What land of the public domain is alienable and disposable?

A.
Forest and timber lands
B.
National parks
C. Agricultur
al land
68. A document in order to be called a public instrument must be
A.
Open to the public
B.
Sworn to and duly notarized
C.
Stamped received by the RD

69. The minimum width of road required for residential projects falling under PD 957.
A.
6 meters
B.
8 meters
C.
10 meters

70. It measures how much land and water area a human population requires to produce
the resource it consumes and to absorb its wastes, using prevailing technology and
also called" appropriated carrying capacity'.
A.
Biodiversity
B.
Ecological Footprint
C.
Conservation

71. Where the settlement has developed along a line, the kind of settlement according
to shape
A.
Dispersed
B.
Nucleated
C.
Linear

72. In case of sale of agricultural lands not exceeding five (5) hectares, aside from
clearance from DAR, buyer must also submit what document?
A. Undertaking to surrender land in excess of retention limits
B. Affidavit of compliance with CARL
C. Affidavit of total or aggregate landholding

73. Which of the following is not en example of in involuntary alienation?

A.
Expropriation
B.
Adverse possession
C.
Tax deficiency sale

74.
A.
B.
C.

Are types of condominium projects: -except?

Bare condos
Low-rise condos
High-rise condos

75. Long-term lease of private lands by foreign investors is governed by the Investor's
Lease Act, which lists down the following conditions: exceptA.The lease contract shall be for a period not exceeding 75 years, renewable for a
period , of not more than 20 years.
B. The leased area shall be used solely for the purpose of the investment.
C The leased premises shall compromise such area as may be reasonably required for
. the purpose of the investment.

76. The adverse claim which has been annotated at the back of the title has a validity
period of
A.
30 days

B.
C.

60 days
Until cancelled by the court

77. Mr. C rented out a condominium unit to a foreigner, Mr. X and Mr. X paid the deposit
and the advance rental while Mr. C gave the keys to the unit to the foreigner. The
contract of lease was not put down in writing, it is therefore
A.
Valid
B.
Void
C.
Voidable

78. T is the national agenda for sustainable development It outlines the integrating
strategies for the country's overall sustainable development and identifies the
intervention areas from the national to the regional level.
A.
PA 20
B.
PA 21
C.
SD 21

79. Acronym that stands for the sights of buyers in a subdivision project.
A.
PAG-IBIG
B.
MATA NI DORO
C.
DUST

80. Upon completion of the subdivision project as certified by the HLURB, the open
spaces shall be donated by the Owner/Developer to t Home Owners Association.
A.
True
B.
False
C.
Case-to-case

81. PD 1216 provides that upon completion of the road, alleys, sidewalks and
playground shall be donated by the developer to
A.
Local Government
B.
Home Owners Association
C.
HLURB

82. After full payment of capital gains tax and documentary stamp tax on sale of a piece
of land, the BIR shall then issue this document to the taxpayer
A.
Certificate Authorizing Payment
B. Certificate Authorizing Registration
C.
Certificate of Payment

83. A real estate mortgage that covers several properties is called

A.
Closed mortgage
B.
Conventional mortgage
C.
Blanket mortgage

84. They rely on a local and agricultural-based economy with dependencies 011
services, such as hospitals and educational establishments in nearby urban centers
A.
Rural settlements
B.
Urban Settlements
C.
Both rural and urban settlements

85. Type of management bodies for condominium projects allowed by law-except?

A.
Cooperatives
B.
Corporations
C.
Single-proprietorship

86. HDMF Retention Fee (accounts secured by Contract to Sell) for loans over P
500,000.00 to P1,000,000.00
A.
6%
B.
7%
C.
7.5%

87. Buyers on installment may cease and desist from further payments of monthly
amortization, if the owner/ developer failed to complete the project on time.
A.
True
B.
False
C.
Case-to-case

88. In the event that Mr. Jose, who was a former natural born Filipino and who became
an Australian citizen would like to acquire land in the Philippines for the purpose of
buying a residential house and lot, Mr. Jose must execute the following additional
document in order to acquire said land
A.
Deed of Absolute Sale
B.
Contract of Sale
C.
Affidavit under BP 185

89. A document issued by the DENR that the proponent has complied with all the
requirements of the Environmental Impact Statement System and that the proponent
is committed to implement the project's Environmental Management Plan.
A.
EIS
B.EIA
C. ECC
90. It is an anticipated list of activities for the achievement of a target by a unit or person
A.
Planning
B.
Planning Process
C.
Problem setting

91. A tangible object or an intangible service that is mass produced or manufactured on

a large scale with a specific volume of units.
A.
Intangibles
B.
Product
C.
Brand

92. The Owner/Developer of a subdivision project may alter the subdivision plan without
notifying the existing buyer.
A.
False
B.
As long as HLURB is notified
C. No need as long as there is a caveat "changes w/o prior notice"

93. When land uses can be combined in a single site or parcel of land at the same time,
this type of land uses is
A.
Irreversible
B.
Combined or multiple land uses

C.

Compatible

94. Capacity to pay shall be limited to an amount for which the monthly amortization
shall not exceed ____% of the member's Net Disposable Income
A.
20%
B.
30%
C.
40%

95. For the subdivision with an area of one (1) hectare and above, allocation of reserved
30% of the gross area for open spaces is not mandatory.
A.
True
B.
False
C.
Sometimes

96. ___is a co-ownership undertaking for the development of condominiums and other
property projects which allows unit buyers to acquire a condominium unit at a
significantly lower cost by directly engaging the services of a construction industry
professional to develop the condominium property.
A.
MRBs
B.BTO
C. LTO

97. On a 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.
2 years
B.
4 years
C.
8 years

98. Advertisement materials shall form part of the sales warranties enforceable against
the Owner/ Developer.
A.
True
B.
False if there is a disclaimer
C.
Case-to-case

99. When land is subject to applications which bring about changes, alterations, and
modifications so much so that it pre-empts the original use or it is physically
impossible to restore the land to its previous state or conditions, this type of land use
is
A.
Irreversible
B.
Combined or multiple land uses
C.
Compatible

100. The life of the condominium corporation shall be co-terminus with the life of theA. Condominium project unless the corporation is earlier dissolve
B. Building unless the structure is earlier destroyed
C.
Condominium units

101. Enumerated are the advantages of Condominium Concept, which does not belong;
A.
Easy to maintain
B.
With TCT as proof of ownership
C.
Enhances affordability

102. Which of the following lands of the public domain may be alienated or disposed of
by the government?
A.
National Parks
B.
Timberland
C.
Agricultural

103. A couple was delinquent in the payment of real estate taxes on their house and lot
located in Quezon City and so the property was sold by the city government at
public auction due to the delinquent taxes. The mode of acquisition of title in this
case is referred to as
A.
Private Grant

B.
C.

Involuntary Grant
Voluntary Grant

104. It is a land use policy area which is focused on economic production from the
extractive to the modern service sectors.
A.
Production
B.
Infrastructure
C.
Protection

105. The transfer tax on the sale of real property shall be paid to the local government,
under the local government code, within a period of:
A.
Within 30 days from date of sale
B. Within 60 days from date- of-sale
C. Within 30 days from date of notarization of sale

106. The activity, set of institutions, and processes for creating, communicating,
delivering, and exchanging offerings that have value for customers, clients,
partners, and society at large.
A.
Marketing Management
B.
Marketing
C.
Internal Marketing

107. A former natural born Filipino who migrated to Canada may still own land in the
Philippine seven if already a Canadian citizen through
A.
Purchase of land
B. Donation of land to the Canadian
C.
By hereditary succession

108. The living organisms are the ____components of an ecosystem.

A.
Biotic
B.
Abiotic
C.
Social

109. It is used to describe the relationship if both species benefit from each other.
A.
Symbiosis
B.
Mutualism
C.
Co-evolution

110. The contract of lease shall be binding even on third parties if the Contract of lease
is
A.
Recorded with the Civil Registry
B.
Duly notarized
C. Recorded in the registry of property

111. Sale of a subdivision lot resulting from partition of land among co-owners and heirs
is requiredto secure license to sell from HLURB.
A.
True
B.
False
C.
Sometimes

112. In a sale of a parcel of land it is required that in a contract it must be identifiable

and clearly defined and it is necessary to indicate the
A.
Exact address of the lot
B.
Direction of the lot
C.
TCT No.

113. It has been singled out in the Local Government Code as the principal instrument
for implementing the CLUP.
A.
Building code
B.
Zoning ordinance
C.
Tax map

114. Special power of attorney executed abroad must be authenticated by any of the
following EXCEPT
A.
OVVVVA
B. Consul, Vice Consul or Consular agent
C.
Secretary of Legation

115.
A.
B.
C.

It is the guide to the proper location of activities in space.

Tax map
Land use map
Zoning

116. A deed of absolute sale of a parcel of land signed by the buyer and the seller but
not notarized is considered
A.
Void
B.
Valid
C.
Voidable

117.
A.
B.
C.

In reference to Q#130, documentary stamps tax is?

P367,500.00
P388,500.00
P390,000.00

118. In acquisition of title through hereditary succession or inheritance, the rights of the
deceased person are transmitted to the heirs at what point in time
A.
Upon death of the deceased
B.
Upon getting death certificate
C.
After burial of the deceased

119. A parcel of land was sold by a corporation to the buyer. In case of a corporation, it
is required that the person Who will sign the deed of absolute sale must be
A.
The corporate secretary
B. The Vice-President for Real Estate
C. The person authorized by a board resolution

120. The purposes of Land Registration Law in general, are: EXCEPT?

A. To ascertain once and for all the absolute titles over a given landed property
B To make a certificate of title issued by the court to the owner of the land absolute
. proof

of such title
C. To decree that land title to be final, revocable, and disputable

121. The deed of absolute was to be notarized and the parties appeared before the
notary public and they have to show identification documents to the notary public.
The following are acceptable documents for notarization, except
A.
Driver's License
B.
Community Tax Certificate
C.
Passport

122. Buyers in a subdivision or condominium project may file a criminal case against
Owner/Developer before the regular court.
A.
True
B. Only after exhausting HLURB mediation
C.
False

123.
A.
B.
C.

124.
A.
B.
C.

The following are lands of public domain, except

National Parks
Commercial
Agricultural

HDMF Collateral Ratio to a P400,000.00 loan amount is:

80%
95%
100%

125. If a person is married, she should state her marital status as married and also
indicate the name of her husband in a sale of real property, The law that provides
this requirement is referred to as
A.
PD 957
B.
PD 1529
C.
RA 6552

126. If a person died leaving a will, what is that special court proceeding that must be
instituted to determine the validity of the testamentary disposition of the deceased?
A.
Probate proceedings
B.
Reconstitution of land title
C.
Petition to remove cloud on title

127. It is the study of how organisms live and how they interact with their environment.
A.
Biology
B.
Botany
C.
Ecology

128.
A.
B.
C.

Penalty for late payment of monthly amortization is computed

Monthly
Weekly
Daily

129. The document issued to buyers of unit in a condominium evidencing proof of

his/her ownership.
A.
TCT
B.
OCT
C.
CCT

130. For the exemption in payment of capital gains tax to be valid, within how many
months from the sale or disposition of their principal residence should Jake and
Rosie use the proceeds in acquiring or constructing their new principal residence:
A.
24 months
B.
36 months
C.
18 months

131. Under RA 891, the maximum redemption period after extrajudicial foreclosure of
a=mortgage executed by a corporation in favour of a bank is:
A.
9 months

B.
C.

18 months
3 months

132. The Owner/Developer may discourage the organization of Home Owners

Association.
A.
True
B.
False
C.
Case-to-case

133. Are types of complaints of buyers against the Owner/Developer which shall be
filed with HLURB:-except?
A.
Non-completion of project
B.
Non-issuance of title
C. Non-issuance of official receipt of payments

134. Where these areas are found in fertile farming sites and has many services e.g.
shops and offices, the kind of settlement according to function
A.
Market towns
B.
Ports
C.
Industrial towns

135. Mr Juan de la Rosa sold his property at P5,000,000.00 inclusive of the capital
gains tax, documentary stamp tax and the broker's commission of five (5%)
percent. What will be his net proceeds after deduction of expenses?
A.
4,250,000.00
B.
4,455,000.00
C.
4,375,000.00

136. It refers to the rational and judicious approach of allocating available land
resources to different land using activities
A.
Urbanization
B.
Land reform
C.
Land use planning

137. In the case of a property that is sold to two or more buyers who are all presumed to
have acted in good faith, who is the buyer who has a better right to the property?
A. The buyer staying in the property
B. The buyer who is registered as owner in the Barangay records
C.The buyer who first registered or recorded the sale with the Register of Deeds

138. The urban land use class includes public or government areas and special uses
such as cemeteries and memorial parks
A.
Institutional
B.
Residential
C.
Industrial

139.
A.
B.
C.

The following are lands of the public domain, except

Forest
National Parks
Commercial

140. It is referring to a characteristic of land wherein land is considered fixed in place.

A.
Immobility
B.
Finiteness
C.
Infiniteness

141. The administrative reconstitution under RA No 6732 of lost or destroyed certificates

in the Registry of Deeds may be availed when the number of certificates lost or
destroyed is at least_____of all times in the Registry
A.
40%
B.
25%
C.
10%

142. As provided for by the Agrarian Reform Law, lands awarded to a tenant beneficiary
cannot be the subject of a conversion permit:
A. Within 5 years from grant of emancipation patent
B. Within 10 years from grant of emancipation patent
C.
None of the above

143. The 2 criteria for CARP coverage is suitability of the land for agriculture and
A.
Its possibility of acquisition
B.
Its right of way
C.
Its classification

144. Where the buildings are spread apart, the kind of settlement according to shape
A.
Radial
B.
Dispersed
C.
Nucleated

145.
A.
B.
C.
A.
B.
C.

Condominium unit owners are mandated to font a

Cooperative
Charitable organization
Condominium corporation
146. Which of these does not belong to the Greenhouse gases
Water vapour
Carbon dioxide
Oxygen

147. The registration of a deed of absolute is done with the Register of Deeds: Under
what government agency is the Register of Deeds directly under and reporting to
A.
Department of Justice
B.
Land Registration Authority
C.
Bureau of Lands

148. Jake and Rosie sold their house which is their principal residence. You as their
broker have to advise them that the transaction is exempt from the capital gains tax
if they spend how many percent of the sales proceeds in acquiring or constructing
heir new principal residence?
A.
50%
B.
75%
C.
100%

149. A house and lot, with a land area of 400 square meters was sold at P2,500,000.
Per tax declaration, the fair market value of the house is P1,000,000, and the lot is
P1,200,000. The zonal value of the lot is P5,000 per square meter. The sale is
subject to capital gains tax. How much is the capital gains tax?
A.
150,000.00
B.
180,000.00
C.
210,000.00

150. In the phrase "save in cases of hereditary succession" in Sec.7, Art. XII (National
Economy and Patrimony), Phil. Charter, what kind of transferee of private land
does it refer to?
A.
The national government
B.
A humanitarian institution
C. An heir under Phil. Law on succession and inheritance

151. _____ explores how and why people adopt new ducts, services and ideas.
A. Diffusion of innovations research
B.
Internal marketing
C.
Permission marketing

152.
A.
B.
C.

HDMF Processing Fee

P 1,000.00
P 2,000.00
P 3,000.00

153. It is a land use policy area which deals with capital investments that support
spatialintegration, production efficiency and social service delivery.
A.
Production
B.
Infrastructure
C.
Protection

154. The Owner/Developer shall deliver the title of a lot to unit buyer upon full payment
of lot orunit.

A.
B.
C.

True
Depends if, it is available
If buyer advances registration fees

155.
A.
B.
C.

Advertisement materials may contain disclaimers.

Definitely
Not at all times
Case to case

156. A registered title under the Torrents system cannot be defeated by, prescription.
A.
TRUE
B.
FALSE
C.
SOMETIMES

157. An adverse claim lapses after how many days from annotation in the certificate of
land title?
A.
100 days
B.
30 days
C.
60 days

158. The title of the land of a condominium project shall remain undivided at all times.
A.
True
B.
Depends on the Master Deed
C. Depends on the condo association

159.
A.
B.
C.

Property exclusively owned by the husband is called:

Chattel
Paraphernal property
Capital property

160.
Are features of P.D. 957: except?
A. Regulate sales of subdivision lots and condo units
B. Defines sale to be covered by registration
C.
Set prices and discounts

161. The mortgagee of a subdivision or condominium project can hold the release of
titles to fully paid buyers until full payment of obligations of the mortgagor.
A.
False
B. Depends on the provisions of the DOS
C.
True

162. The thin film on the surface of the earth in which all life exists is called
A.
Geosphere
B.
Biosphere
C.
Hydrosphere

163.
A.
B.
C.

What is legitime?
What is legitime?
An acknowledged heir
Reserved property for compulsory heirs

164. The first requirement for a Filipino who had become an American citizen to acquire
land forresidential purpose under B.P. 185 is as follows
A. Must be a former natural born citizen
B.
Must be a former Filipino
C. Must be born of both Filipino parents

165. A kind of possession of property that is actual, continuous, adversarial, visible and
is requiredas an element of prescription:
A.
Adverse possession
B.
Possession physical and public
C.
Adverse claim

166. Pre-selling of subdivislpn lot, or house and lot is allowed under PD 957.
A.
True
B.
False
C.
Needs HLURB approval

167. A contract which is merely an executory contract or a mere promise to sell with no
transfer ofownership
A.
Conditional contract of sale
B. Deed of sale with "Pacto de Retro"
C.
Contract to sell

168. It is a process by which radiative energy leaving a planetary surface is absorbed by

someatmospheric gases.
A.
Nutrient Cycle
B.
Carbon Cycle
C.
Greenhouse Effect

169. The law that authorized HLURB to promulgate standards different from the required
by PD 957, building code & fire Code.
A.
RA 7279
B.
RA 7160
C.
RA 7899

170. It is how land is perceived when it is considered as a private commodity which can
beowned, used, bought or sold for personal comfort and profit.
A.
Land as consumption good
B. Land as shared natural resource.
C.
Land as property

171. To be able to sell and buy real property a person must already be legal age, or
alsoreferred to as the age of emancipation. What is the legal age for a person to
have capacity toenter into a contract of sale
A.
16 years old
B.
18 years old

C.

18 years old but with legal guardian

172. Spouses who were married after the effectivity of the family code without any prenuptialagreement shall be governed by
A.
Conjugal partnership of gains
B.
Partial community Property
C.
Absolute community of property

173. It is an interest in a real estate consisting of a separate interest in a building & an

undividedinterest in common directly or indirectly in the land on which it is located.
A.
Condominium Project
B.
Condominium Unit
C.
Condominium

174.
A.
B.
C.

A passageway with only one outlet. A blind alley.

Key lot
Chaplan
Cul-de-sac

175. The legal right of the state to acquire property of a deceased who died without a
will andwithout heirs is referred to as what
A.
Eminent domain
B.
Demise
C.
Escheat

176. The Department of Justice has issued an opinion that there is no provision under
theCondominium Act expressly prohibiting a 100% foreign-owned corporation from
setting up acondominium project on
A.
Leased land
B.
Purchased land
C.
Lease-to-own land

177.
A.
B.
C.

HDMF Maximum Loan Term

20 years
25 years
30 years

178. When the inherent features or characteristics of land have not been considerably
altered or modified, this type of land uses is
A.
Combined or multiple land uses
B.
Reversible
C.
Compatible

179. The heirs of Mr. X inherited a piece of land and after the extrajudicial settlement of
the estate, the title was transferred to the heirs and contained an annotation of Sec.
4, Rule 74 of the Rules of Court which provides that heirs who were not included in
the settlement may claim within a period of _____.
A.
One year
B.
Two years from time of death
C. Two years from date of registration

180.
A.
B.
C.

In Philippine Laws, the equivalent of real estate is:

Immovable property
Chattel
Realty

181.
DEVELOPMENT ITEMS include the ff.-except.
A. Clearing and grubbing, cut and fill, and/or backfilling
B.Roads, curbs and gutters, sidewalks, planting strips
C. Ravine, creek and natural waterways

182. If a person cannot locate or find his original owners copy of the transfer certificate
of title and is therefore lost and missing, he must execute this document to
annotate in the title the fact of loss
A.
Police Report
B.
Barangay report of loss
C.
Affidavit of Loss

183. Application for an Original Certificate of Title (OCT) should contain the ff: except?
A.
Name, citizenship, civil status
B.
Address, lot description
C.
Age

184. It is a process which tells o a development of all aspects of human life affecting
sustenance.
A.
Urbanization
B.
Sustainability
C.
Globalization

185. It is a general term used for a permanent or temporary community in which people
live,without being specific as to size, population or importance.
A.
Settlement
B.
Barangay
C.
Housing

186. The right of pre-emption or right of 1 st refusal under PD 1517 (Urban Land
Reform) is exercisable by a legitimate tenant in urban land if he has occupied the
land for
A.
6 years
B.
At least 10 years
C.
5 years continuous possession

187. This is composed of different populations living together interacting as competitors,

predatorand prey, or symbiotically.
A.
Community
B.
Organism
C.
Biome

188.
A.
B.

In reference to Q# 141, your 5% commission check is?

P1,554,000.00
P1,388,500.00

C.

P1 ,225,000.00

189.
A.
B.
C.

Zonal value of a property can be obtained from

Assessor's Office
BIR
Land Registration Administration

190. a lot adjoining a corner lot and fronting an intersecting street.

A.
Key lot
B.
Chaplan
C.
Cul-de-sac

191. Refers to the inherent or implies the right of the state to interfere with or regulate
privaterights in the interests of the public health, public safety, peace and order,
public moral, publiccomfort & convenience d general welfare.
A.
Escheat
B.
Police Power
C.
Taxation

192. When the register of deeds is in doubt as to what proper action to take regarding a
deed ofabsolute sale presented for registration, he may bring the question to the
Land RegistrationAuthority by means of
A.
Memorandum of Question
B.
Consulta
C.
Civil Case to LRA

193. You have just closed the sale of a 700 square meter commercial lot in Pasig. The
sellingprice agreed upon is P35,000 per square meter. You have advise the seller,
who has agreedto pay all the expenses, to prepare several checks,- The zonal
valuation of the lot is P37,000 per sq. meter. What amounts should he indicate for
the;capital gains tax?
A.
P1,554,000.00
B.
P1,388,500.00

C.

P1,225,000.00

194. The group interacting and interbreeding organism of the same species
A.
Community
B.
Organism
C.
Population

195. If the value added tax P720,000, what would be the selling price before VAT?
A.
P5,000,000
B.
P6,000,000
C.
P7,000,000

196. This urban land use class includes single- and multiple-family dwellings
A.
Institutional
B.
Residential
C.
Industrial

197. Your client Ricky has a property in a residential area that is actually being used as
a beauty salon. The tax declarations of the lot and the structure indicate the
following data:Lot area = ,275 sqmMarket value of the land = P4,525.00 per
sqmMarket value of the structure = P2,400,000.00Assessment level: Residential =
20%Commercial = 50%Property tax rate = 1.5%Special Education Fund = 1% of
the assessed valueWhat is the total combined assessed value of the land and the
improvement?
A.
P3,644,375.00
B.
P1,822,187.50
C.
P1,244,375.00

198. The seller who lived in Makati City sold a house in Quezon City to the buyer who
lives inPasig City. The broker, who lives in Marikina City should therefore have the
deed of absolutesale duly notarized along with the parties in
A.
Makati City
B.
Quezon City
C.
Pasig City

199. It is referring a characteristic of land wherein land is considered not reproducible.

A.
Immobility
B.
Mobility
C.
Finiteness

200. The Owner/Developer may collect additional fees from buyers anytime.
A.
True
B.
False
C.
As the case may be