Fundamentals of Property Ownership

Which one is exempted to the general rule on foreign ownership of real estate in the Philippines?

• Purchase by former natural-born Filipino citizens

• Acquisition after the 1935 Constitution

• Purchase by foreigners of not more than 60% of the units in a condominium project

• Purchase by foreign corporations with at least 40% Filipino ownership

 

What is the term for a sudden and perceptible change in the land brought about by water?

• Reliction

• Accretion

• Annexation

• Avulsion

Which of the following is NOT a typical zoning classification?

• Industrial

• Commercial

• Agricultural

• Recreational

What is the mode of acquiring title through filling of submerged land?

• Reclamation

• Public Grant

• Private Grant

• Prescription

The following items are fixtures except

• Fire extinguisher

• Bathtub

• Roll-up blinds

• Built-in wardrobe

Answer explanation

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Best answer: Roll-up blinds may or may not be a fixture. Their status depends on intent and agreement between parties (e.g., owner and tenant).
If installed by a tenant, they are usually considered personal property and can be removed when the lease ends.
If installed by the owner, they may be considered a fixture, as they contribute to the space’s desirability and function.

A proceeding which the government undertakes in the exercise of its power to take private property for road widening and payment of just compensation.

• Expropriation

• Eminent Domains

• Exercise of State Power

• Road Widening

Which is not among the advantages of the Torrens Title?

• It eliminates fraud

• It gives eternal title

• It abolishes endless fees

• It reduces real property taxes

According to the 1987 Constitution, who has the right to own land?

• Partnerships

• Foreigners

• Filipino citizens

• Private corporations

What is the maximum percentage of units in a condominium project that can be purchased by aliens?

• 10%

• 20%

• 40%

• 60%

Which of the following is NOT a valid test for a fixture?

• Methodology

• Adaptability

• Relationship of the parties

• Intention of the parties