A

Question 1

Modes of acquiring property ownership?

Answer 1

PPAPI

• public grant
• private grant
• accretion
• prescription
• inheritance
• involuntary grant

Question 2

installment sales not covered by Maceda law

Answer 2

industrial lots,
commercial,
tenants under RA 3844,
those covered by Deed of Sale w/ mortgage and NOT contract to sell

Question 3

priority in double sale

Answer 3

• first registered
• buyer in good faith who took possession
• oldest title

Question 4

cases when buyer of leased property bound to respect leasehold

Answer 4

• lease is registered
• buyer has actual knowledge
• provided in the contract that lease must be respected

Question 5

features of RA 6732

Answer 5

• admin recon can only be availed when OCT were lost/destroyed by fire, flood or force majeure
• at least 10% of titles are lost and not less than 500

Question 6

classification of critical projects requiring EIS

Answer 6

(HEG)

• heavy industries
• extractive industries
• golf courses

Question 7

4 agents of production

Answer 7

land, labor, capital, mgt

Question 8

what are in the 5 agenda of Philippine Agenda 21

Answer 8

poverty reduction 
empowerment and good governance
ecological integrity 
peace and solidarity
social equity

Question 9

functions of hlurb

Answer 9

-condo plans

• cor/LTS
• cert of completion
• approve homeowners associations (?)
• advertisement approval
• mortgage clearance
• master deed amendment/expansion of condo
• performance bond (reduce/cancel)

Question 10

BP 185

Answer 10

dual citizens can own RESIDENTIAL
1000 sq m urban
1 ha rural

Question 11

place of filing for cert of no improvement

Answer 11

Assessors

Question 12

maceda law refund amount

Answer 12

after 24 months, 50% until 5 years

+ 5% for every year, not exceeding 90%

Question 13

RA 8179

Answer 13

dual citizens can own BUSINESS
5000 sq m
3 ha

Question 14

assessment level

Answer 14

MIC-AR-T
MIC - 50%
A - 40%
RT - 20%

Question 15

interest rate of any unpaid RPT

Answer 15

2% per month, max f 36 mos

Question 16

RA 6552 grace period

Answer 16

1 month every year

Question 17

project without ECC violation

Answer 17

P50K per violation

Question 18

what were the new provisions in ra 7899

Answer 18

• common areas cannot be sold, mortgaged, assigned - simple majority
• changes in master deed - simple majority

Question 19

cases when husband and wife can sell to each other

Answer 19

• legal separation
• judicial sepaaration of property
• separation of property regime

Question 20

6 basic needs of human settlements

Answer 20

parks and playgrounds
power
water
storm drainage
waste disposal
movt/circulation

Question 21

mode of extinguishing agency

Answer 21

EDWARD

Question 22

antichresis vs. real estate mortgage

Answer 22

POSSESSION, FRUITS, TAXES
anti chresis - creditor
mortgage - debtor

Question 23

documentary requirements for DAR clearance in sale of 5 ha. agri land

Answer 23

• application DAR clearance
• copy of title, lot and vicinity plan
• affidavit of non-tenancy or affidavit of voluntary surrender
• affidavit that seller is selling his retention area
• affidavit of total/aggregate land holding (won’t exceed 5 ha)
• clearance from National Irrigation Authority

Question 24

cirtical projects requiring EIS

Answer 24

heavy industries
extract industries
golf courses

Question 25

when cnoversion of land is not allowed

Answer 25

- irrigated lands and irrigated lands with no water but w/ rehab projects - NIPAS areas - irrigable lands w/ firm funding commitment - agri lands with irrigated facilities

Question 26

properties exempt from rent control

Answer 26

- motels/hotels - dormitories - boarding houses/bed spaces

Question 27

when LTS is not required

Answer 27

- original seller selling own land - sale due to partition among co-heirs/co-owners - on behalf of mortgagee to liquidate mortgage obligation - capital assets

Question 28

real estate exempt from realty tax

Answer 28

- Charities/institutions - Churches - Cooperatives - GOCC - water/elec - pollution control

Question 29

tax exemptions for socialized housing program participants

Answer 29

CGT on sale of land - transfer tax - donors tax - VAT

Question 30

scope of ra 7279

Answer 30

- all lands in urban and urbanizable areas - APDs - ZIP/SIRS

Question 31

effect of voluntary dissolution of condo corp

Answer 31

- condo corp will have SPA to sell interest | - liquidation of corp effected by sale of entire proj

Question 32

effect of invountary dissolution

Answer 32

- transferred pro-indiviso of interest | - transfer of interest = full liquidation of membership in condo corp

Question 33

5 fundamental principles of appraisal

Answer 33

- current and FMV - appraisal will be uniform standard of value in each political subd - based on actual use - appraisal for tax purposes cant be done by private parties

Question 34

taxes charges

Answer 34

20% p.a. interest 25% surcharge late 50% surcharge late - deliberate (fraud/falsify)

Question 35

5 govt agencies involved in prep of necessary rules andregulation in ROW acquisition for govt projects

Answer 35

``` DPWH - chair DOTC - member DOE DOJ Presidents of leagues, provinces, municipalities ```

Question 36

3 instances w/ no doc stamp

Answer 36

donation inheritance purchase of socialized housing

Question 37

amt of financial assistance if relocation is not immediately possible

Answer 37

60 days * Min wage

Question 38

grounds for revocation of registration cert and LTS

Answer 38

owner/dealer is insolvent violated laws engaged in fraud

Question 39

grounds for suspension of LTS/cease and desist order

Answer 39

verified complaint by a buyer misleading info in the registration developer/dealer engaged in practice w/c constitute violation

Question 40

4 effects where beneficiary of socialized housing program unlawfully sold/transferred/disposed`

Answer 40

- loses right over the land - forfeited amortizations - sale is null and void - barred from benefits for 10 years

Question 41

options of buyer when developer fails to complete project

Answer 41

- refund of all payments plus interest - penalty payments | - suspend amortization payment after notice to developer and HLURB

Question 42

APDs

Answer 42

- ecozones - tourism zones - RAIC by DTI and DA - agri lands owned by govt - agri lands for

Question 43

members of the CPE council

Answer 43

PRBRES member - chair member from AIPO member from academe

Question 44

lease limitations (size and years) corp individual foreigners

Answer 44

1000 ha; 50 yrs + 25 yrs 500 ha. 25 + 25 25 - 25 (individual); 50 + 25 (corp)

Question 45

5 agencies under HUDCC

Answer 45

``` HGC NHMFC HLURB SHFC NHA ```

Question 46

2 types of limitations to land ownership

Answer 46

legal/govt | contractual

Question 47

how many years does prc commissioner has?

Answer 47

7

Question 48

of regulatory boards in the phil

Answer 48

46

Question 49

locational clearance

Answer 49

written authorization or permit to develop or use or construct in certain areas or any parcel of land based on approved plan use or zoning ordinance; in the absence of a zoning ordinance, the grant of permit shall be based on HLURB planning standards and guidelines.

Question 50

Under the Rent Control Law, the lessor may ask for a deposit rental not exceeding;

Answer 50

2 months

Question 51

condo damages for voluntary dissolution

Answer 51

- 3 years after damage or destruction renders it unfit and project wasnt rebuilt - 50% of units damaged, 30% of stockholders opposed to repair - 50 year life and condo is obsolete and uneconomical, 50% opposed to repair - project is expropriated, 70% opposed to continuation of condo regime