REB-FC11

__________ concerns with the relationship between humans and the physical environment

• Human Geography

• Physical Geography

• Cultural Anthropology

• Environmental Science

All other factors being equal, as the location of an income property becomes less desirable, the cap rate used will be __________

• Lower

• Unchanged

• Higher

• Variable

A house and a lot are priced at P8,8000,000.00. The lot alone is values at P1,650,000.00. What percentage of the total asking price is attributable to the value of the lot?

• 15%

• 18 and ¾ %

• 20%

• 22%

Edwin owned a small farm of 1,500 sq.m in Antipolo. When he died, he had no heirs, no friends, and no will, what will happen?

• The state will take the property and sell it

• The property will be inherited by distant relatives

• The farm will be abandoned and left untouched

• A local charity will automatically receive the property

 Name the two component rates that are inherent in every capitalization rate

• Interest and Recapture Rates

• Discount and Amortization Rates

• Inflation and Depreciation Rates

• Risk and Return Rates

R.A. 7279, Sec-18, specifies that developers of proposed subdivision projects shall be required to develop an area for socialized housing equivalent to:

• 10% of the gross area of the subdivision

• 15% of the gross area of the subdivision

• 20% of the gross area of the subdivision

• 25% of the gross area of the subdivision

Geography has relations to other disciplines and sciences such as biological, physical, social, mathematical and ____________

• Historical

• Cultural

• Technological

• Philosophical

What is the distinction between the term market price and market value?

• Market price is the average price of properties in a neighborhood, while market value is the price a seller hopes to achieve.

• Market price is what the property sells for, while market value is what the sales price should be to typical buyer.

• Market price is the price set by the government, while market value is determined by the buyer's willingness to pay.

• Market price is the price listed by the real estate agent, while market value is the price based on the property's condition.

The lease under which the tenant pays a fixed rental and the landlord pays all expenses of ownership is the __________

• Gross Rate

• Net Rate

• Percentage Lease

• Triple Net Lease

The two factors considered in relation to migration are ___________

• Push and pull

• Stay and leave

• Arrive and depart

• Gain and lose