Final Round

Which of the following refers to the process when a Seller offers his/her real properties for sale and a Buyer agrees to purchase it?

• Authority to Sell

• Real Estate Transactions

• Deed of Sale with Right to Repurchase

• Receipt for Earnest Money Deposit

Which of the following legal document transfers full and complete ownership of a piece of real property from the Seller to the Buyer with no strings attached?

• Deed of Chattel Mortgage

• Deed of Exchange

• Deed of Absolute Sale

• Deed of Sale under Pacto de Retro

What does DSRR stands for?

• Deed of Sale with Right to Repurchase

• Deed of Sale with Right to Resell

• Deed of Sale with Right to Return

• Dili Siya Right or wRong

This contract refers to outlining the terms under which one party agrees to rent a property owned by another.

• Contract of Work

• Contract of Agency

• Contract to Sell

• Contract of Lease

I own a fully-furnished condo unit. I want to install a shelf in my room. The Condo Corporation is requiring me to sign this type of document stating that “we are not liable for damages incurred during the installation of the shelf.”

• Memorandum of Agreement

• Waiver

• Trust Agreement

• Affidavit of Loss

This is a legal agreement where a Borrower uses a real property as collateral to secure a loan from a Lender.

• Deed of Donation

• Deed of Assignment

• Chattel Mortgage

• Real Estate Mortgage

Which of the following legal document transfers property ownership to the Buyer, but allows the Seller to repurchase the property within a specified period.

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