Real Estate

In computing the amortization factor on financing of real estate sales, the factors will be based on the following

• capacity of the buyer

• number of years to pay

• Interest rate and term of payment

• interest

A buyer will loan from the bank for the purpose of a house. The amount of difference between what the total price will be and the amount he can boroow is reffered to as:

• equity

• reservation deposit

• downpayment

• loan balance

It is not considered a sale on financing or installment in the purchase of a lot

• Pagibig financing

• Spot cash

• Bank financing

• Lending investor's financing

The payment to be made monthly by the lot buyer on installment is generally referred to as

• monthly amortization

• monthly payments

• amortization schedule

• financing payments

An Act that promote and encourage the development of economic and socialized

housing projects, primarily by the private sector.

• BP 220

• DP957

• RA7279

• RA10884

In relation to Q1, it was approved on

• July 12, 1976

• March 24, 1992

• July 17, 2016

• March 25, 1982

This Act is known as Consumer Act of the Philippines

• PD957

• RA7394

• RA386

• 1987 Constitution

Known as The Public Land Act

• PD27

• RA11573

• CA 141

• PD 1529

Known as the Department of Human Settlement and Urban Development Act

• RA11201

• EO 71

• EO72

• PD957

Which of the following are lands of the public domain according to the Public Land

Act

• Mineral land

• Timber land

• Alienable and disposable

• All