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Answer Key - Mock Exam Brokers Feb 2011-2
Answer Key - Mock Exam Brokers Feb 2011-2
d.
c.
b.
c.
d.
d.
b.
d.
c.
10.a. A licensed broker who failed to renew his license prior to July 30, 2009
11.b. Those who had passed the 2009 & 2008 licensure examinations given
by DTI but who had failed to renew their license upon the effectivity of RA
9646
12.c.Those who had passed the 2007 licensure examinations given by DTI but
who had failed to renew their license upon the effectivity of RA 9646
13.Those who had passed the DTI licensure examinations in 2006 and prior
years but who had failed to renew their license upon the effectivity of RA
9646
14.c. Either a or b.
15.a. Real estate salesman
16.a. Accredited and Integrated Professional Organization
17.b. Professional Regulatory Board of Real Estate Service
18.a. Relevant Bachelors Degree
19.e. Regular court
20.e. Ten years
21.d. Material fact, data or information
22.d. Procurement of loans secured by real estate
23.d. Non-payment of dues
24.d. Willingly share with other brokers the lessons from his experience and
study
25.e. The owner, without solicitation from the new broker, offers to list the
same with the new broker after the authority of the listing broker has
expired or been revoked
26.c. Authorized by the owner
27.d. absolute community of property
28.a. market value
29.a. appraisal
30.any of the above
31.a. on commercial and investment properties
32.b. Torrens title
33.a. appraisal
34.a. avulsion
35.b. square planning
36.e. none of the above
37.d. Lis pendens
38.a. principle of conformity
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b. P960,000
Contract Price
Selling Price
Less: Assumed Mortgage
Contract Price
113.
P 960,000
100,000
P1,060,000
P1,060,000
( 100,000)
P 960,000
c. P760,000
a. P212,000
Page 3
a. 22.08%
P212,000
c. P167,808
P167,808
Page 4
d.
b.
c.
d.
d.
Page 5