Real Estate

Real Estate

12th Grade

111 Qs

quiz-placeholder

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Real Estate

Real Estate

Assessment

Quiz

Other

12th Grade

Hard

Created by

Kim Montoya

Used 1+ times

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111 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

housing projects, primarily by the private sector.

BP 220

DP957

RA7279

RA10884

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In relation to Q1, it was approved on

July 12, 1976

March 24, 1992

July 17, 2016

March 25, 1982

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This Act is known as Consumer Act of the Philippines

PD957

RA7394

RA386

1987 Constitution

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