Exam Final Coaching 2014 Mock Board Part II Questions
Exam Final Coaching 2014 Mock Board Part II Questions
Exam Final Coaching 2014 Mock Board Part II Questions
15. If TCT has an annotation that says "subject to Rule 74, Section 4 of the
Rules of Court", it means that the property is an inherited property and any
heir unduly deprived of his lawful participation in the estate for a period of
how many years to assert his right over said property.
A. Two (2) years
B. Five (5) years
C. Four (4) years
D. Ten (10) years
17. A parcel of land 500 sqms was sold for a lump sum of P 3,500,000 but
eventually upon investigation the lot size turned out to be 590 sqms, in
which case the buyer has the right to
A. No increase in price
B. Re measurement of the lot
C. Resurvey of the property
D. Pay the seller the difference
20. In case of foreclosed property but the owner was able to redeem the
property within the period of redemption, the following document must be
presented to The Register of Deeds
A. Certificate of Payment
B. Certificate of Redemption
C. Certificate of Sale
D. Certificate of Non Redemption
21. A part of the condominium project intended for any type of independent
use or ownership, including one or more rooms or spaces located in one or
more floors (or part or Parts or floors) in a building or buildings and such
accessories as may be appended thereto.
A. Common areas
B. Undivided areas
C. Condominium facilities
D. Condominium unit
23. By the Contract of Sale, one of the contracting parties obligates himself
to transfer the ownership of and to deliver a determinate thing, and the
other party
A. To sign the deed of sale
B. To pay therefore a price certain in money or its equivalent
C. To pay the transfer tax
D. To accept the thing immediately
25. The law in the Philippines that governs the registration of property and
dealings with land covered by titles is referred to as :
A. Property Registration Act
B. Property Registration Decree
C. Land and Property Registration Decree
D. Property and Land Registration Decree
41. This is the space encompassed by the interior surface of the floor,
ceiling, walls, and exterior doors and windows, which is susceptible of
independent use and ownership
A. Limited common area
B. Condominium project
C. Condominium unit
D. Open space
42. In order to register a sale with the Register of Deeds, the buyer must
present the following documents, except:
A. Certificate Authorizing Registration
B. Proof of payment to the seller
C. Original owners duplicate certificate of title
D. Transfer Tax payment and clearance
43. These refer to the parts of the condominium project common areas
which are not subject to the exclusive use of any one or group of owners
A. Limited common area
B. General common area
C. Assigned common area
D. Public common area
44. Common areas which are allocated to the exclusive common area use
of one or group of unit owners.
A. Exclusive common area
B. Limited common area
C. Unit owner common area
D. General common area
45. The Register of Deeds shall record in the order of their reception, all
instruments including copies of writs and processes filed with him relating to
registered land in the
A. Register of Deeds Log Book
B. Primary Book
C. Primary Entry Book
D. Records Book
32. As defined in the IRR of PD 957, a parcel of land bounded on the sides
by streets or alleys or pathways or other natural or man-made features, and
occupied by or intended for buildings
A. Block
B. Subdivision
C. Open space
D. Subdivision lot
46. This is the enabling act of any condominium project and "enables" the
condominium to exist and governs its existence
A. Condominium certificate of registration
B. Master Deed
C. Condominium plan
D. Deed of Restrictions
33. It means the entire project excepting all units separately granted, held
or reserved.
A. Common areas
B. Open space
C. Limited areas
D. Reserved areas
47. The following documents of a sale of real estate are open to the public
and a copy thereof may be obtained by a person from the Register of
Deeds except
A. Certified true copy of title
B. Lot and Vicinity map
C. Deed of Absolute Sale
D. Certificate Authorizing Registration on the sale
34. Under the IRR of PD 957, it is meant to be the entire parcel of real
property divided or to be divided in condominium, including all structures
thereon.
A. Subdivision project
B. Condominium project
C. Common areas
D. Open spaces
36. Dwelling units containing 3 or more living units designed in such a way
that they a but each other and are separated from each other by a firewall
each unit provided with independent access are referred to as
A. Townhouse
B. Single Detached
C. Rowhouse
D. Triplex units
A.
B.
C.
D.
HLURB
HUDCC
Registry of Deeds
City Assessors Office
64. When the deceased registered owner is survived by a sole heir, the
estate of the former maybe transferred to the latter with the execution of a
document known as
A. Deed of Transfer
B. Extra-judicial Settlement of Estate
C. Will
D. Affidavit of Self Adjudication
68. The Master Deed may provide any of the following alternatives, except
A. Equal Sharing
B. Sharing based on assessed value
C. Sharing Based on value
D. Sharing Based on unit area in relation to Total Area
57. Annotation of Section 4, Rule 74 of the Rules of Court on the title to the
property of a deceased person with a surviving spouse and children,
provides that the property shall be subject to the rights of three of the
following four. Who among the four does not have a right to the subject
property?
A. Heirs
B. Any person who might have been unduly deprived participation in the
estate
C. The parents of the deceased
D. Creditors
58. An action may be brought by one or more such persons for partition
thereof by sale of the entire condominium project if the project has been in
existence in excess of 50 years, that it is obsolete and uneconomical, and
that condominium owners holding in aggregate an interest n the common
areas are opposed to repair or restoration or
remodeling or modernizing of the project of
A. 50%
B. 30%
C. 60%
D. 100%
71. By the Contract of Sale, one of the contracting parties obligates himself
to transfer the ownership of and to deliver a determinate thing, and the
other party
A. To sign the deed of sale
B. To pay therefore a price certain in money or its equivalent
C. To pay the transfer tax
D. To accept the thing immediately
72. The following cannot purchase the property under their administration
because of fiduciary relationship, except
A. Guardian with respect to the ward
B. Judges with respect to property under litigation
C. Executor of the estate
D. Husband with respect to the exclusive property of the wife
60. The condominium corporation may expand or integrate the project with
another upon the affirmative vote of a simple majority of the registered
owners, subject only to the final approval of
A. Housing and Land Use Regulatory Board
B. Local Government Unit
C. All the registered unit owners
D. City/Provincial Engineer
73. Under of the Realty Installment Buyers Protection Act, in case the buyer
has paid less than one year installment and only five monthly installments,
the buyer on installment is entitled to a grace period of
A. One month
B. Two months
C. Three months
D. Five months
74. In case the property bought by the buyer for P 6,000 per square meter
turns out be smaller in size than that agreed upon in the sale, the buyer has
the right to rescind the sale only upon showing that the difference in the
area is not less than
A. 5%
B. 10%
C. 15%
D. 50%
75. a contract of sale whereby part of the purchase price is paid upon the
execution of the contract with the balance to be paid within a stipulated
period and the property is mortgaged to the seller to secure the payment of
the balance
A. Deed of sale with mortgage
B. Deed of sale with assumption of mortgage
C. Equitable mortgage
D. Conditional mortgage
63. The amount of any such assessment plus any other charges thereon on
the condominium unit owner, shall become
a lien upon when the condominium corporation causes a notice of
assessment to be registered with the
D. Fifty percent
77. If one spouse acts without the written consent of the other or without
court authority, the disposition or encumbrance shall be
A. Valid
B. Void
C. Voidable
D. Questionable
78. A contract whereby one of the parties binds himself to give to another
the enjoyment or use of a thing for a price certain and for a period of five
years
A. Rent to own
B. Lease contract
C. Usufruct
D. Contract to sell
91. A transaction through which the mortgagor, or one claiming in his right,
by means of a payment or the performance of a condition, re-acquires or
buys back the value of one title which may have passed under the
mortgage
A. Right to buy back
B. Right to de retro sale
C. Right of Redemption
D. Right of Foreclosure
93. Mr. X mortgaged his property to the bank but was foreclosed
extrajudicially, Mr. X may redeem the property within the term of
A. one (1) year from the date of registration of certificate of sale
B. one (1) year from date of auction sale
C. 3 months
D. One (1) year from execution of certificate of sale
81. The lessee, under of a contract of lease, has the following obligations,
except
A. To pay the price of the lease according to the terms stipulate
B. To use the property leased as a diligent father of a family
C. To make necessary repairs when there is no stipulation to the contrary
D. To pay the expenses for the deed of lease;
83. In case of lease of a house and lot for P35,000 per month, the lessor
may judicially eject the lessee under the following conditions, except
A. Expiration of stipulated period of lease
B. Lack of payment of at least three months
C. Violation of any of the conditions agreed upon in the contract
D. Misuse of leased property which has resulted in its deterioration.
84. Registration of real estate instrument can be given due course without
the presentation of the owners duplicate certificate of title under the
following, except :
A. Notice of adverse claim
B. Notice of lis pendens
C. Writ of attachment
D. Deed of Absolute Sale
85. In case of residential units in the National Capital Region and other
highly urbanized cities, the same is covered by the rent control act of 2009
if the total monthly rent does not exceed
A. P 5,000.00
B. P 10,000.00
C. P 20,000.00
D. P 25,000.00
86. The lessor, in case of deposit for the rent under the Rent Control Act of
2009, cannot demand more than
A. 1 month deposit
B. 2 months deposit
C. 3 months deposit
D. 30 days deposit