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Renewal of the professional identification card shall be upon satisfying the

requirements of the Board such as, but not limited to, attendance in the CPE
program and shall be renewed every ______.
A. 1 year
B. 2 years
C. 3 years
D. 5 years
ANSWER: C

The required bond for the private real estate appraiser to practice real estate
service shall be in the amount of ______.
A. P 5,000
B. P 10,000
C. P 20,000
D. P 25,000
ANSWER: C

A real estate broker is required to post a bond in the amount of P20,000 with PRC
and P5,000 with HLURB under PD 957 and P1,000 for real estate salesperson also with
HLURB. How much total bond should therefore be posted by a real estate broker
______.
A. P20,000.00
B. P5,000.00
C. P25,000.00
D. P26,000.00
ANSWER: A

Upon application and payment of the required fees, subject to the approval of the
PRC, special/temporary permits may be issued to real estate service practitioners
from foreign countries in case of ______.
A. Specific foreign development projects
B. Unavailability of local practitioners to enhance the practice
C. Government to government
D. Lack of real estate salesperson
ANSWER: B

Renewal of the professional identification card issue to a real estate service


practitioner shall be every ______.
A. Year
B. 3 years
C. Other year
D. Until revoked
ANSWER: B

In case of practice involving condominium projects, the following shall not be


required to post a bond with the government ______.
A. Real estate salesperson
B. Real estate broker
C. Real estate private appraiser
D. Real estate consultant
ANSWER: D

A foreign real estate service practitioner shall be issued a Special/Temporary


Permit, under R.A No. 9646 and the IRR unless ______.
A. He/she passes the licensure examinations
B. Registered with HLURB
C. Pays the bond of P20,000
D. There is foreign reciprocity between their countries
ANSWER: D
A successful examinee must, before engaging in the practice of real estate service,
undertake the following ______.
A. Take an oath before the Board
B. Register with HLURB
C. Secure an NBI Clearance
D. Post a bond in the total amount of P25,000.00
ANSWER: A

The following numbers of acts performed by a real estate service practitioner shall
constitute an act of engaging in the practitioner of real estate service ______.
A. More than one transaction
B. At least one transaction
C. Several transactions
D. Two consecutive transactions
ANSWER: A

A roster of registered professional real estate service practitioners will be made


but which will not include the following information ______.
A. Name of practitioner
B. Field or real estate service practice
C. Email address of practitioner
D. License number
ANSWER: C

Marie wanted to sell condo projects as a real estate salesperson, she must register
with HLURB and post a bond in the amount of ______.
A. P1,000.00
B. P2,000.00
C. P5,000.00
D. P20,000.00
ANSWER: A

The expiry of the registration with HLURB of a real estate broker expires every
______.
A. December 31 of the year
B. 3 years
C. On the birth date of the real estate broker
D. Every 2 years
ANSWER: A

In addition of the license number and PTR, the broker must also indicate in the
documents he signs the following ______.
A. Address of the broker
B. AIPO Receipt Number
C. Email Address
D. Date of release of Professional Identification Card
ANSWER: B

The required membership to the AIPO of a real estate practitioner shall be ______.
A. Upon approval by the AIPO
B. Automatic and mandatory
C. Upon approval by the PRBRES
D. Upon approval by the PRC
ANSWER: B

If Luis was found a guilty of violation of the RESA without a license and may be
imposed the penalty of ______.
A. At least P100,000.00 fine
B. At least P200,000.00 fine
C. At least 2 years of imprisonment
D. At least P100,000.00 fine and 2 years imprisonment
ANSWER: B

No real estate salesperson, either directly or indirectly, can negotiate, mediate


or transact any real estate transaction for and in behalf of a real estate broker
without first ______.
A. Being registered with HLURB
B. Securing accreditation from the PRC
C. Securing accreditation from HLURB
D. Securing a license from PRC
ANSWER: B

In the PRBRES logo, the color blue represents the color of ______.
A. Professionalism
B. Real Estate Service Industry
C. Service
D. Ethical Practice
ANSWER: C

In case of the bond required of a private real estate appraise, the bond may be
made in the manner of ______.
A. Promissory note
B. Surety bond
C. Real estate mortgage
D. Appraiser�s performance bond
ANSWER: B

One of the following us exempted from the coverage of the real estate service
practice in case of selling the property of a private owner ______.
A. Real estate salesperson
B. Real estate broker
C. Attorney in fact who does not require compensation
D. A person appraising a property of another person
ANSWER: C

The first chairman of the Professional Regulatory Board of Real Estate Service is
______.
A. Terisita Manzala
B. Bansan Choa
C. Eduardo Ong
D. Florencio Dino
ANSWER: C

The real estate service practice must abide by the code of ethics for the practice
promulgated by the Board which is referred to as ______.
A. National Code of Ethics
B. National Code of Ethics for Real Estate Service Practice
C. National Code of Ethics and Responsibilities
D. National Code of Ethics for Realty Service Practice
ANSWER: C

Aling Meding used to sell lots in a subdivision but only finished high school.
Under the IRR of the RESA, she could have continued to practice so long as she
takes continuing education program for ______.
A. 60 hours real estate seminar
B. 120 hours real estate seminar and training
C. 120 hours on job training
D. 60 hours on the job training and seminar
ANSWER: B

As required under the IRR of the RESA the following practitioner should be full
time in his of her work ______.
A. Real estate broker
B. Division manager
C. Unit manager
D. Real Estate salesperson
ANSWER: B

For violation of the provisions of the RESA and its IRR by a real estate
partnership, the following may be made liable for violation ______.
A. The president
B. The director of the corporation
C. The partner
D. The Chief Operating Officer
ANSWER: C

If one wanted to be qualified to be a member of the professional Regulatory Board,


it is required that one should have experience as a licensed real estate broker for
at least ______.
A. One year
B. Five years
C. Ten years
D. Not required
ANSWER: C

It is the power of the Board not to register and issue a certificate of


registration to any successful examinee if ______.
A. Found to be psychologically unfit
B. Charged with the crime of murder
C. Convicted of traffic violation
D. Being investigated for immoral conduct
ANSWER: A

For the renewal of the professional identification card of a real estate


consultant, it is required that the practitioner must ______.
A. Post a bond for P20,000.00
B. Be under a real estate broker
C. Be a member in good standing of the AIPO
D. Be a member in good standing of the AIPO
ANSWER: C

In order for a person aspiring to be the city assessor or to a higher credential


level, under the RESA, the person must be ______.
A. A licensed real estate assessor
B. A licensed real estate appraiser
C. Experience as a real estate broker for ten years
D. Been in government for at least 15 years
ANSWER: B

A current assessor who, on the date of the effectivity of RA No. 9646, shall be
allowed to register without examination, among others, provided they hold permanent
appointments and are performing actual appraisal and assessment functions for the
last five (5) years, and have passed the ______.
A. PRC licensure examinations for assessors
B. Real property assessing officer (RPAO) examinations
C. Civil Service Examinations
D. Real estate appraiser�s examinations
ANSWER: B

A person who wants to engage in real estate service practice shall be required to
post a bond in the amount of P20,000 if he will be a ______.
A. Real estate salesperson
B. Real estate consultant
C. Real estate private appraise
D. Real estate public appraiser
ANSWER: C

The real estate service practice is classified under the PRC as belonging to this
sector ______.
A. Real Estate Sector
B. Business, Education and Management Sector
C. Technology Sector
D. Business and Service Sector
ANSWER: B

The term of office of the commissioners of the Professional Regulation shall be


______.
A. 2 years
B. 3 years
C. 5 years
D. 7 years
ANSWER: D

Under the PRC law, a Practicing Professional is defined to be a person who


A. Passed the licensure examinations ______.
B. Name is entered in the PRC registry book
C. Name and license are entered in the PRC registry book
D. Paid the fees for professional license
ANSWER: C

The PRBRES may cluster the examination subjects for the Real Estate Brokers
Licensure Examinations, which is clustered into ______.
A. 3 subjects
B. 5 subjects
C. 4 subjects
D. 12 subjects
ANSWER: A

Aside from R.A 9646, the law that governs the current practice of real estate
service is ______.
A. Ministry Order No. 39 Series of 1985
B. Subdivision and Condominium Buyers� Protective Decree
C. Local Government Code of 1991
D. HLURB Rules of Procedure
ANSWER: B

The Real estate broker, aside from the license, is required to pay yearly
professional tax which is due for payment every year on or before ______.
A. January 20
B. January 31
C. February 28
D. April 15
ANSWER: B

A community tax must be paid by the real estate broker to the treasurer of the
local government which should not be later than ______.
A. January 31
B. February 28
C. Last day of January
D. Last day of February
ANSWER: D

The first Professional Summit was held by the PAPRB in cooperation with the PRC in
manila last ______.
A. October 2012
B. October 2010
C. November 2012
D. December 2012
ANSWER: A

A judgment or decision of the Professional Regulation Commission ______.


A. 10 days from receipt of judgment
B. 15 days from receipt of judgment
C. 15 days from date of decision
D. 30 days from receipt of decision
ANSWER: B

President Noynoy Aquino has declared the �Philippine Professionals Competitiveness


Week� every year during the period ______.
A. 1st week of October
B. 2nd week of October
C. 3rd week of October
D. 4th week of October
ANSWER: C

The law that governs the Professional Regulation Commission.


A. RA 8981
B. RA 9646
C. RA 8424
D. RA 8646
ANSWER: A

As the AIPO, the Accredited and integrated professional organization approved by


the PRC last 2011 is called ______.
A. Institute of Real Estate Professionals
B. Institute of Philippine Real Estate Service Practitioners
C. Philippine Institute of Real Estate Service Practitioners
D. Philippine Institute of Real Estate Professionals
ANSWER: C

The various regulatory boards under the PRC are grouped into an association
referred to as the ______.
A. PAPRB
B. PARBR
C. PABRES
D. PRBRES
ANSWER: A

As of December 2012, the total number of real estate service practitioners approved
for registration without examination and those who passed the brokers exams in 2011
and 2012 is estimated at ______.
A. More than 16,000
B. More than 20,000
C. More than 10,000
D. More than 25,000
ANSWER: B

The following is not issued a separate license for the practice of their specified
profession ______.
A. Real Estate Broker
B. Real Estate Assessor
C. Real Estate Appraiser
D. Real Estate Consultant
ANSWER: B

The total number of regulatory boards in the country supervised by PRC is estimated
at ______.
A. More than 30
B. More than 40
C. More than 50
D. More than 100
ANSWER: B

Prior to the professional Regulation Commission, the same was referred to as


______.
A. Office of the Board Examiners
B. Professional Regulation Authority
C. Professional Board of Examiners
D. Office of the Professional Board of Examiners
ANSWER: A

The current Chairperson of the Professional Regulation Commission is ______.


A. Atty. Erwin M. Ena
B. Atty. Mevin M. Ena
C. Tessie R. Manzala
D. Teresita R. Manalili
ANSWER: A

There are four sector categorized under the PRC for the various professions, which
one is not a sector ______.
A. Medical and Health
B. Business, Education and Management
C. Engineering
D. Vocational Technology
ANSWER: C

The law governing the Professional Regulation Commission is called ______.


A. Professional Regulation Act
B. Professional Modernization Act of 2000
C. Professional Modernization Law
D. Professional Regulatory Act of 2000
ANSWER: B

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