A real estate appraiser who was licensed then under the DTI may still be allowed to

register without examination under the principle of ______.

A. Licensing
B. Carryover clause
C. Practice exemption
D. Grandfather clause
ANSWER: D

The real estate service board, or the Professional Regulatory Board of Real Estate
Service is composed of a chairperson and how many other members _____.
A. 3 members
B. 5 members
C. 4 members
D. 2 members
ANSWER: C

For its creation, the nomination of members to the Real Estate Service Board is
initially made by the________.
A. Accredited and Integrated Professional Organization
B. Professional Regulation Commission
C. Professional Real Estate Organizations
D. Accredited Professional Real Estate Organizations
ANSWER: A

A real estate broker employed a real estate salesperson to help him sell condo
units. In this case, the real estate salesperson must be a ______.
A. Licensed and registered real estate salesperson
B. Licensed real estate salesperson
C. Registered real estate salesperson with HLURB
D. Accredited real estate salesperson
ANSWER: D

The first national organization which was recognized and appointed to perform
duties prior to the recognition of the official AIPO was the _________.
A. Interim Accredited Professional Organization
B. Interim Integrated and Accredited Professional Organization
C. Accredited and integrated Professional Organization
D. Interim Accredited Professional Organization
ANSWER: A

In addition to licensing with the PRC, a real estate broker who intends to sell a
residential subdivision project must also __________.
A. Registered with the AIPO
B. Register with the Department of Trade and Industry
C. Registered with HLURB
D. Registered with the Condominium Project
ANSWER: C

The Professional Regulatory Board of Real Estate Service shall be under the
supervision of this government agency __________.
A. Professional Regulation Commission
B. Professional Regulatory Commission
C. Professional Commission of Professionals
D. Professional Regulation Board
ANSWER: A

A real estate salesperson�s registration with the HLURB shall automatically be

terminated upon _____.
A. Termination by the real estate association
B. Termination of his employment by the real estate broker
C. Suspension of the registration of the real estate developer
D. Expiration date of January 31 of the year
ANSWER: B

The professional Regulatory Board of Real Estate Service has the supervisory powers
over the real estate broker and the broker�s license may be suspended under the
following ground _______.
A. Engaging in practice during suspension
B. unethical practice
C. violations of his association�s by laws
D. Non registration with HLURB
ANSWER: B

In case of a vacancy in the Board, it shall be filled up for the position vacated,
which shall be for the period of _________.
A. 3 years
B. 2 years
C. Unexpired portion of the term of member who vacated
D. Not more than 6 years
ANSWER: C

The law that governed the real estate service practice prior to the RESA, was
_________.
A. DTI Code of Commerce
B. DTI Ministry Order No. 39, Series of 1985
C. DTI Ministry Oder No. 85, Series of 1989
D. Real Estate Service Act of the Philippines
ANSWER: B

As Freddie decided to be a real estate broker, it is therefore required he must, in

the meantime, be a graduate of _________.
A. A bachelor�s degree in real estate brokerage
B. A bachelor�s degree in real estate management
C. A relevant bachelor�s degree
D. At least two years of college
ANSWER: C

RA 9646, The Real Estate Service Act of the Philippines became effective last
______.
A. June 15, 2009
B. July 30, 2009
C. July 30, 2010
D. June 30, 2010
ANSWER: B

A city government official whose purpose is primarily for taxation purposes as

provided under the RESA is the _______.
A. Real estate appraiser
B. Real estate treasurer
C. Real estate assessor
D. Private real estate appraiser
ANSWER: C

In case DD Development Corporation will engage in the development of land for a

memorial park, the corporation shall be referred to under the RESA and defined as a
A. Real Estate Business Corporation
B. Real Estate Dealer
C. Real Estate Development & Memorial Company
D. Real Estate Developer
ANSWER: D

Herbert, as a real estate appraiser, is a person who conducts valuation/appraisal

with the necessary qualifications and experience to direct the valuation of real
estate property, and is also referred to as _____.
A. Property appraiser
B. Real estate assessor
C. Value estimator
D. Valuer
ANSWER: D

It refers to the land improvements and all those attached to the land which are
tangible and physical _________.
A. Real estate
B. Real property
C. Real estate improvements
D. Real property & improvements
ANSWER: A

Previously a licensed real estate salesman under MO 39 Series of 1985, the salesman
is now referred to under the RESA as __________.
A. Accredited real estate salesperson
B. Accredited real estate salesman
C. Licensed real estate salesperson
D. Licensed real estate sales agent
ANSWER: A

For the assessor, as provided under the RESA, it shall refer to the Chief Assessor
of the Municipality of city or province and includes the _________.
A. Public government appraiser
B. Assistant assessor
C. Public real estate assessor
D. Government chief appraiser
ANSWER: B

Referred to as the AIPO, which is a national organizations of natural real estate

service practitioners, and means __________.
A. Association of Integrated Professional Organization
B. Accredited and integrated Professional Organization
C. Accredited institute of Professional Organization
D. Association of Integrated Practitioners Organization
ANSWER: B

The bachelor�s degree adopted in coordination with the CHED for real estate service
and required under the RESA, is called __________.
A. Bachelor of Science in Real Estate
B. Bachelor of Science in Real Estate Management
C. Bachelor of Science in Real Estate Service
D. Bachelor of Science in Real Estate Service Practice
ANSWER: B

The following is not a requirement to qualify to take the real estate appraiser�s
licensure examinations _________.
A. Must be a citizen of the Philippines
B. Must take continuing professional education units
C. Must be a resident of the Philippines
D. Must have NBI Clearance
ANSWER: C
In case of an applicant for the examination for real estate consultants, proof must
be shown that he/she has years experience as a licensed real estate appraiser, or
as a bank, or institutional appraiser of ___________.
A. 2 years
B. 5 years
C. 6 years
D. 10 years
ANSWER: B

To take the licensure examinations for real estate brokers, he/she must have
completed how many units of real estate subjects and training from accredited
service providers, as may be determined by the Board __________.
A. 12 units
B. 24 units
C. 60 units
D. 120 units
ANSWER: D

A candidate may be deemed to have passed the examination, if she obtained an

average in all subjects, of
A. 50%
B. 60%
C. 75%
D. 85%
ANSWER: C
26. Results of the licensure examination shall be released by the Board from the
last day of the examination within ________.
A. 5 days
B. 10 days
C. 30 days
D. 60 days
ANSWER: B

As she just passed the real estate broker�s examinations, Agnes will be given a
certificate of registration by the professional regulation commission which will be
valid _______.
A. For 1 year
B. For 3 years
C. Until revoked
D. Until renewed
ANSWER: C

For an examinee for the licensure examinations for real estate broker, he or she
must have no rating in any subject below
A. 50%
B. 60%
C. 75%
D. 70%
ANSWER: A

Under the RESA, in addition to the certification of registration, a successful

examinee shall also be given by the PRC a ___________.
A. Certificate of attendance
B. Professional Identification Card
C. Certificate of oath taking
D. Professional Rating Certificate
ANSWER: B
As of the present, the PRC Chairperson in charge of the Professional Regulation
Commission is
A. Jenifer Manalili
B. Teresita Manzala
C. Eduardo G. Ong
D. Ramon Cuervo
ANSWER: C

Lyn was going to sell subdivision lots of a project and become a real estate
salesperson but would need the educational requirements of__________.
A. At least high school graduate
B. At least 2 years of college
C. At least 144 units of college
D. At least a bachelor�s degree
ANSWER: B

Under the DTI Ministry Order No. 39, Series of 1985, a person may become a licensed
real estate salesman and provided the person is _________.
A. At least graduate of elementary
B. At least graduate of high school
C. At least 2 years of college
D. At least 72 units of college
ANSWER: B

As provided under Presidential Decree No. 957, a real estate salesperson who sells
condominium units for a project must file a bond in the amount of _________.
A. P 1,000.00
B. P 5,000.00
C. P 20,000.00
D. No bond required
ANSWER: A

The PRBRES shall prescribe the essential requirements as to the curricula and
facilities of schools, college or universities in cooperation with the ________.
A. Commission on Higher Education
B. Department of Education
C. Private Association of Schools in the Philippines
D. Philippine Universities Association
ANSWER: A

If a complaint was filed by a buyer with the PRBRES for violating of the RESA and
the broker was found liable. He may appeal to the
A. Court of Appeals
B. Professional Regulatory Commission
C. Supreme Court
D. Professional Regulatory Commission
ANSWER: D

If a real estate broker failed to renew his license before the effectivity of the
RESA the broker was required to take the following Continuing Professional
Education Units ______.
A. 12 CPE Units
B. 15 CPE Units
C. 24 CPE Units
D. 120 CPE Units
ANSWER: C

Suspension of a member of the Professional Regulatory Board of Real Estate Service

for grounds under the RESA, shall be made by the
A. Professional Regulation Commission
B. Ombudsman
C. President of the Philippines
D. Majority vote of the members of the Real Estate Service Board
ANSWER: C

It is considered not a ground for the removal of the chairperson of the

Professional Regulatory Board of Real Estate Service
A. Unprofessional conduct
B. Immoral conduct
C. Conviction of the crime of slight physical injuries
D. Neglect of duty
ANSWER: C

An applicant who wants to be registered and licensed as a real estate service

practitioner shall undergo an examination to be given by the Board excluding the
following _________.
A. Real estate broker
B. Real estate salesperson
C. Real estate assessor
D. Real estate consultant
ANSWER: B

In order to conform to technological and modern developments, the subjects for

examinations may be re-clustered, modified, added to, or excluded as may be found
necessary by the _______.
A. Professional Regulatory Board of Real Estate Service
B. Commission on Higher Education
C. Accredited and Integrated Professional Organization
D. Department of Education
ANSWER: A

For a real estate marketing corporation that will sell subdivision projects, it is
required that there should be licensed real estate brokers with the following
maximum number of real estate salespersons each ________.
A. 20 PRC licensed real estate salespersons
B. 20 ORC accredited real estate salespersons
C. 20 HLURB licensed real estate salesperson
D. 20 PRC accredited and HLURB registered real estate salespersons
ANSWER: D

The minimum fine that may be imposed on a person who engage in real estate service
practice without a license is _______.
A. P100,000.00
B. P200,000.00
C. P 10,000.00
D. P 20,000.00
ANSWER: B

To engage in practice of the profession of a real estate broker whose office is in

Manila, professional tax must be paid and is payable to ________.
A. Professional Regulatory Board of Real Estate Service
B. City Treasurer of Manila
C. Treasurer of the PRC
D. Bureau of Internal Revenue
ANSWER: B

A real estate appraise was found liable by the PRBRES. He may appeal the decision
of the PRBRES to the PRC commission
A. Within 15 days from receipt of decision
B. Within 30 days from receipt of decision
C. Within 15 days from date of decision
D. Within 60 days from date of decision
ANSWER: A

Upon application and compliance with the required CPE units, and for reasons deemed
proper and sufficient, the Board may reinstate any revoked certificate of
registration and reissue a suspended professional identification card after a
period of ______.
A. One year
B. Two years
C. Three years
D. Upon approval
ANSWER: B

One of the following will not be considered to be engaged in the practice of real
estate service
A. A house owner who will sell his own lot
B. A developer selling residential lots
C. An attorney in fact who sell a lot of the owner and will ask for professional
fees
D. A realty marketing company selling condominium units
ANSWER: A

It is not required for the following practitioner to be a member of the AIPO for
real estate service practitioners
A. Real estate broker
B. Real estate salesperson
C. Real estate appraiser
D. Real estate consultant
ANSWER: B

The penalty to be imposed on a unlicensed real estate appraiser is

A. At least P100,000 fine
B. At least 2 years imprisonment
C. At least P200,000 fine and/or 4 years imprisonment
D. At least P100,000 fine and/or 2 years imprisonment
ANSWER: C

Arnold, a licensed real estate broker wanted to set up a real estate marketing
group and he may engage the services of
A. 20 real estate salesperson
B. 20 accredited real estate salespersons
C. No limit
D. 20 licensed real estate salesperson
ANSWER: B

Jules just passed the real estate brokers� examinations and rented out an office
space for her practice. It is required that she must display in her place of
business the following
A. Professional Identification card
B. Business name
C. Certificate of Registration
D. APO receipt number
ANSWER: C