In packaging a real estate project, the real estate practitioner is required to have basic

knowledge of ______
1/1
Real Estate Economics
 
Accounting
Market Analysis
Appraisal
 
The practice of Real Estate Service is guided by a set of prescribed Rules of Conduct,
Morals and Standards embodied in the __________.
1/1
National Code of Ethics for Real Estate Service Practice
 
Rules of Conduct and Practice of a Professional
Professional Regulation Commission Code of Ethics
American Society of Appraisers Code of Ethics
 
As per the new Continuing Professional Development Guidelines released last March
2019, Licensed Real Estate Service Practitioners are required to take _____________ of
CPD Seminar hours as part of their renewal requirements
1/1
12 units
60 units
15 units
 
48 units
 
Who is the Chairperson of PRC? *
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Hon. Pristine Lacsamana
Hon. Teofilo Pilandro, Jr.
Hon. Ofelia Binag
 
Hon. Yolanda Reyes
Correct answer
Hon. Teofilo Pilandro, Jr.
 
Value is present the present worth of benefits, both income and intangible amenities *
1/1
Principle of Change
Principle of Competition
Principle of Anticipation
 
Principle of Conformity
 
A statement of the fundamental measurement principles of a valuation on a specific
date. *
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Statement of Accounts
Valuation Report
 
Inspection Value
Basis of Value
Correct answer
Basis of Value
 
It is a land devoted to or cultivated for planting of vegetables, flowers and other
ornamental plants. *
1/1
Horticultural Land
 
Timber Land
Mineral Land
Agricultural Land
 
The following are considered as determinants of value, EXCEPT:
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Demand
Utility
Scarcity
None of the Above
 
 
Which of the following is an example of social forces that affect real estate value?
1/1
Level of Wages
Natural resources
Employment opportunities and trends
Employment opportunities & trends