QUIZIZZ-OTHER LAWS AFFECTING REAL ESTATE

Under BP 185, urban areas shall include barangays having at least __________ inhabitants which meet the conditions set forth and in which the occupation of the inhabitants is predominantly other than farming or fishing.

• 1,000

• 750

• 500

• 250

Failure to reside permanently in the land acquired under BP 185 within __________ from the acquisition thereof, except when such failure is caused by force majeure, shall be penalized by forfeiture of such lands and their improvements to the National Government.

• one (1) year

• two (2) years

• three (3) years

• five (5) years

In the case of tourism projects, lease of private lands by foreign investors qualified under RA 7652 shall be limited to projects with an investment of not less than:

• One million ($1M) US dollars

• Three million ($3M) US dollars

• Five million ($5M) US dollars

• Seven million ($7M) US dollars

What is the title of RA 9225?

• Citizenship Retention and Re-acquisition Act of 2003

• Citizenship Retention and Re-acquisition Act

• Citizenship Retention Act of 2003

• Citizenship Re-acquisition Act of 2003

RA 10023 otherwise known as the “Agricultural Free Patent Reform Act” reduces the period of eligibility for titling from 30 years to:

• 5 years

• 10 years

• 15 years

• 20 years

RA 11573 otherwise known as “AN ACT IMPROVING THE CONFIRMATION PROCESS FOR IMPERFECT LAND TITLES” reduced the period of possession and occupation of alienable and disposable agricultural lands to ______________ from the original of 30 years.

• 5 years

• 10 years

• 15 years

• 20 years

All applications for agricultural free patents shall be filed before the Community Environment and Natural Resources Office (CENRO) who shall forward its recommendation to the ____________ if the area of the land is below five (5) hectares:

• PENRO

• DENR Regional Director

• Secretary of DENR

• President of the Philippines

All applications for agricultural free patents shall be filed before the Community Environment and Natural Resources Office (CENRO) who shall forward its recommendation to the ____________ if the area of the land is at least five (5) up to ten (10) hectares:

• PENRO

• DENR Regional Director

• Secretary of DENR

• President of the Philippines

The price ceiling for socialized subdivision projects was adjusted to this amount as per NEDA-DHSUD Joint Memorandum Circular No. 2023-003

• Php 600,000

• Php 650,000

• Php 750,000

• Php 850,000

What is the adjusted guaranty ceiling for low-cost housing packages set under NEDA-DHSUD JMC No. 2024-001?

• Php 2,500,000

• Php 1,800,000

• Php 2,000,000

• Php 1,500,000