"SURPLUS LAND".

Land that is not currently needed to support the existing improvement but cannot
be separated from the property and sold off. Surplus land does not have an independent highest and
best use and may or may not contribute value to the improved parcel.
EXCESS LAND". Land that is not needed to serve or support the existing improvement. The highest
and best use of the excess land may or may not be the same as the highest and best use of the
improved parcel. Excess land may have the potential to be sold separately and is valued separately.

REB 2016 Exam on RESA LAW:

1. Number of topics in the Real Estate Consultant Licensure Exam? Answer :8
2. Number of topics in the Real Estate Appraiser Licensure Exam? Answer :13
3. Section on Code of Ethics for Real Estate Service Practitioners.
Answer: Section 35
4. Effectivity of the IRR.
Answer : July 2010

RESTORATION: Reproduce the appearance of a building exactly as it looked at a particular moment

in time
REHABILITATION : Bringing back to a preferable manner of living which makes contemporary use
possible while still preserving significant character-defining features. Includes adaptive use
RENOVATION: Improves the usefulness and condition of a building by repairing, altering, and adding
but without necessarily being sensitive to the character-defining features
REMODELLING: Make over the design image of a building. The appearance is changed by
removing original details and adding new features that are out of character with the original

RIPARIAN RIGHTS are those rights and obligations that are incidental to ownership of land adjacent
to or abutting watercourses such as navigable streams and rivers, whereas LITTORAL RIGHTS are
a landowners claim to use of the body of water bordering his or her property as well as use of its
shore area.

RIPARIAN RIGHTS Those rights and obligations that are incidental to ownership of land adjacent
to or abutting on watercourses such as streams and rivers. Examples of such rights are the right of
irrigation, swimming, boating, fishing and the right to the alluvium deposited by the water. Riparian
rights do not attach except where there is a water boundary on one side of the particular tract of land
claimed to be riparian. Such a real property right in water is a right of use, or a usufructuary right. It
is the right held in common with other riparian owners to make reasonable use of the waters that flow
past provided such use does not alter the flow of water or contaminate the water. In addition, an
owner of land bordering on a nonnavigable stream owns the land under the watercourse to the
center of the watercourse.
If the body of water is in movement, as a stream or river, the abutting owner is called a riparian
owner. If the water is not flowing, as in the case of a pond, lake or ocean, the abutting owner is called
a littoral owner. The word riparian literally means riverbank.
LITTORAL RIGHTS Those rights and obligations that are incidental to ownership of land
bordering on the shore of a sea or ocean and thus affected by the tide currents. Littoral land is
different from riparian land, which borders on the bank of a watercourse or stream.
PUBLIC-PRIVATE PARTNERSHIP - a long-term contract between a private party and a government
entity, for providing a public asset or service, in which the private party bears significant risk and
management responsibility, and remuneration is linked to performance.
ACCESSION DISCRETA.The right pertaining to the owner of a thing over everything which is
produced thereby, such as natural, industrial, and civil fruits.
ACCESSION CONTINUA.The right pertaining to the owner of a thing over everything which is
incorporated or attached thereto, either naturally or artificially.
1. Refers to both a structure and the using of processes that are environmentally responsible and
resource-efficient...
Answer : green building
2. First green building in Philippines was built in which city?
Answer : Quezon City ? (Ma'am Marissa, pls help)
3. Green building standard of Japan.
Answer : CASBEE
GENTRIFICATION - the process of renewal and rebuilding accompanying the influx of middle-class
or affluent people into deteriorating areas that often displaces poorer residents