Any violation of the RESA Law shall be meted the penalty of a fine of not less than

_______________ or imprisonment of not less than ____________, or both for non-licensed

real estate service practitioner.
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Php 200,000 ; 4 years
Php. 200,000; 2 years
Php. 100,000 ; 2 years
 
Php. 500,000 ; 5 years
Correct answer
Php 200,000 ; 4 years
 
This provision of the RESA Law allowed DTI licensed real estate practitioners to
become registered and licensed real estate service practitioner (without examination)
under the supervision of the Professional Regulation Commission 
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Separability Clause
Effectivity Clause
Repealing Clause
Grandfather clause
 
 
A duly registered and licensed natural person who, for a professional fee,
compensation or other valuable consideration, offers to perform services in
estimating and arriving at an opinion of or act as an expert on real estate values
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Real Estate Salesperson
Real Estate Appraiser
Real Estate Consultant
Real Estate Broker
 
Correct answer
Real Estate Appraiser
 
The following are members of PRBRES, except:
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Engr. Arnold Tan
Hon. Pilar Banaag
Dr. Eduardo G. Ong
Hon. Rafael Fajardo