1.

) The law governing the protection of buyers who are buying subdivision lots/house & lots, and
condominium units is referred to as?

a.) Subdivision and Condominium Buyers' Protective Decree

b.) Subdivision Development Protective Decree
c.) Subdivision Legality Act
d.) Subdivision Development Act

Answer: Subdivision and Condominium Buyers' Protective Decree

2.) It is the National government agency tasked to provide responsivehousing programs primarily to
homeless low-income families with access to social services and economic opportunities.

a.) National Home Mortgage Finance Corporation

b.) Social Financial Corporation
c.) National Housing Authority
d.) House and Land Use Regulatory Board

Answer: National Housing Authority

3.) Homeowner's Associations must register presently with this government agency.

a.) National Home Mortgage Finance Corporation

b.) Social Financial Corporation
c.) National Housing Authority
d.) House and Land Use Regulatory Board

Answer: House and Land Use Regulatory Board

4.) Under the present setup, the highest policy making body for housing is?

a.) House and Land Use Regulatory Board

b.) House of Senate
c.) Housing and Urban Development Coordinating Council
d.) National Housing Authority

Answer: Housing and Urban Development Coordinating Council

5.) Under PD 957, a corporation which intends to develop a subdivision must first obtain the following from
HLURB.

a.) License to Sell

b.) Certificate of Registration
c.) Transfer Certificate of Title
d.) Licensed Broker

Answer: Certificate of Registration

6.) It is defined under PD 957 as a parcel of land primarily partitioned for residential purposes into individual
lots, with or without improvements.

a.) Subdivision Lot

b.) Subdivision Plan
 c.) Subdivision Development
d.) Subdivision Project

Answer: Subdivision Project

7.) A subdivision plan of a registered land wherein a street, passageway or open space is delineated on the
plan is a?

a.) Simple Subdivision Plan

b.) Gridiron Plan
c.) Complex Subdivision Plan
d.) Residential Subdivision Plan

Answer: Complex Subdivision Plan

8.) The performance bond required under PD 957 from a developer shall be made payable to?

a.) Senate President

b.) Secretary of Agriculture
c.) President of The Philippines
d.) Head Commissioner

Answer: President of The Philippines

9.) Under PD 957 the owner or developer shall deliver the title of the lot or unit to the buyer upon?

a.) Full Payment

b.) Signing of DOAS
c.) Completion of House Construction
d.) Payment of Taxes

Answer: Full Payment

10.) The developer of a subdivision project shall for purposes of promoting their mutual interest of the
buyers, initiate the organization of?

a.) Condominium Certificate

b.) Home Owners Association
c.) Property Manager
d.) Protection Agency

Answer: Home Owners Association