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RESA LAW EXAM LATEST UPDATED
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RESA LAW EXAM LATEST UPDATED...
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RESA LAW EXAM LATEST UPDATED. The Real Estate Service of the Philippines supervises the following service
practitioners, except: - ANSWER a. real estate salesperson c. real estate
assessor e. real estate dealer b. real estate brokers d. real estate appraisers
2. The RESA requires one broker for each: - ANSWER a. Five (5) real estate
salespeople. b. Ten (10) accredited real estate salespeople. c. Twenty (20) real
estate salespeople. d. Fifty (50) real estate salespeople; e. Twenty (20)
accredited real estate salespeople
3. A professional regulating board for real estate services, henceforth referred to
as the Board, is established under the supervision and administrative authority
of the; - ANSWER: a. HLURB c. PRBRES b. PRC d. HUDCC
4. Any violation of RA 9646 of the IRRR by a licensed real estate appraiser will
result in a fine of not less than. - ANSWER: a. 50,000 c. double the amount of
$100,000 d. double the amount of $200,000 e. 20,000
5. The real estate service practitioner is required to indicate the following on the
documents he or she signs, uses, or issues in connection with the exercise of his
or her profession, except: - ANSWER a. Registration certification b.
Professional identification card c. Community tax certificate d. Privilege tax
receipt number c. IPO receipt number
6. In the licensure test for the applicants of real estate brokers, a subject for
examination common to all real estate service businesses is, - ANSWER a.
Fundamentals of property ownership b. Legal requirements for real estate
service practice c. Subdivision development d. Real estate finance and
economics e. Fundamental principle of ecology
7. Upon application and payment of the required fees for the approval of the
commission, the board may issue a special/temporary permit to a real estate
service practitioner from foreign country, whose services are urgently needed in
the absence or unavailability of local real estate service practitioners, provided
that - ANSWER become a dual citizen. b. He has lived in the country for ten
years. c. There is foreign reciprocity between his country and the Philippines. d.
He is a Philippine resident. e. He has taken the exam for licensing.
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