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Fire Up Post Test (English)

Total questions: 25

Worksheet time: 17mins

Name
Class
Date
1.

The functions of property broker are :

a)

Negotiation mediator

b)

Property marketing

c)

Make transactions safe and secure

d)

Property consulting services

2.

Types of land ownership based on the Agrarian Law are ?

a)

Girik (customary land)

b)

Right to Build

c)

Verponding

d)

RIght to Own

3.

Which documents that we can see the land area ?

a)

Building Permit / Building Approval (IMB / PBG)

b)

Certificate

c)

Notification of Tax Due of Land and building tax

d)

marriage certificate

4.

Thing that a property broker should do when meet with a prospective buyer for the FIRST TIME is...

a)

Offering cashback or other marketing gimmicks

b)

Offering properties where the seller is in dire need of money

c)

Ask, listen and take a note what kind of property are buyers looking for

d)

Drive around the city while offering your property listing

5.

How marketing progress reports should be delivered to property owners

a)

Only if there is an offer on the property

b)

Only if requested by the property owner

c)

Reports are given periodically (weekly or monthly)

d)

All answers are wrong

6.

Which one is not a Right To Own (Hak Milik) concept ?

a)

only be owned by Indonesian citizens (individuals)/WNI

b)

Can be traded

c)

The strongest and fullest/highest

d)

granted for a maximum period of 30 years

e)

Can be obtained by registering customary land / girik letter

7.

The following are the salable listing criteria...

a)

Less strategic location

b)

The owner has a strong motivation to sell/rent

c)

The legality are valid, clear and complete

d)

Unrealistic prices, far above the market

8.

To help sellers set listing prices for their homes and help buyers make competitive offers, real estate agents must create ...

a)

Pareto Method

b)

Market approach

c)

Qualitative and quantitative methods

d)

Comparative Market Analysis

9.

The subjects who can be granted land rights in the form of Right To Build (HGB) are...

a)

Indonesian citizens and foreigners.

b)

Indonesian citizens and business entities that established in Indonesia

c)

Foreigners and Foreign Business entities that established in Indonesia

d)

Indonesian citizens and business entities determined by the government

10.

The place to check the authenticity and validity of land certificates is...

a)

Notary Office

b)

Civil registry office

c)

National Land Agency Office (BPN)

d)

Sub-district office (kecamatan)

11.

The following is the part of obligations of the prospective buyer when a property transaction occurs

a)

Pay Land and building tax

b)

Pay property broker commission

c)

Pay Income Tax (PPH)

d)

Pay acquisition of land and building rights tax (BPHTB)

12.

property broker duties in the AJB process are...

a)

Make and pay taxes

b)

Make an appointment between the seller, buyer and notary for AJB

c)

Check the certificate to the National Land Agency

d)

As a witness in AJB process

13.

the right closing procedure are...

a)

Price agreement > deed of sale (AJB) > Repayment > Certificate checking

b)

Price Agreement > Booking Fee  >  Certificate checking > Deed of sale (AJB) at PPAT > Repayment

c)

Booking Fee > deed of sale (AJB) at notary > Checking certificate > Repayment

d)

Certificate checking > Price agreement > payment

14.

Return of ownership status after repayment of mortgage debt is called ...

a)

Koya

b)

Kroya

c)

Royal

d)

Roya

15.

The parties who are MANDATORY TO PRESENCE before the PPAT at the time of the AJB are ...

a)

Seller – buyer, and property brokers

b)

Seller – buyer and witnesses

c)

Sellers, property brokers and witnesses

d)

Property broker, expert witness and owner/seller

16.

a public official who is granted part of the authorities by the State in the implementation of land registration, by making the land certificate as the basis for land registration.

a)

Notary

b)

The Land Deed Official (the PPAT)

c)

Notary and PPAT

d)

BPN

17.

The correct statement below is

a)

Income Tax (PPH) Payable by Sellers

b)

Acquisition Tax (BPHTB) Payable by Sellers

c)

The land and building tax (PBB) payable by buyer

d)

Acquisition Tax (BPHTB) Payable by Buyers

18.

The reason for making Sale and Purchase Agreement for Land and Building (PPJB) is ...

a)

has not been paid in full

b)

certificate doesn't exist yet/hasn't split yet

c)

because it is inherited

d)

all answers are wrong

19.

The type of listing that is usually sold by the Developer is called ...

a)

Open Listing

b)

Primary Listing

c)

Secondary Listing

d)

Exclusive Listing

20.

a type of real estate listing agreement which a property seller appoints and specifically authorizes one real estate broker to act as the seller's sole agent is ...

a)

Exclusive Listing

b)

Open Listing

c)

Nett Listing

d)

Selling agent

21.

These following are things that goes wrong when looking for listings

a)

Get to know the specific character of each listing

b)

Looking for reasons why this listing deserves to be marketed

c)

Too many listings but neglecting quality

d)

Look for listings based on market demand

22.

Things that must be considered by agents when providing services to buyers

a)

Knowing the wants and needs of buyers

b)

Showing the listings/properties that doesn't match with buyers budget

c)

Know the financial condition of the buyers so that it could be matched with their budget

d)

Encouraging them to buy properties they don't need

23.

These following are included in the sales cycle activities or activities carried out by property agents

a)

Prospecting

b)

Secret Selling

c)

Promotion

d)

Negotiation

24.

Essential documents to request from the owner when submitting listings is

a)

property marketing approval (P3)

b)

Copy of certificate

c)

copy of owner's ID

d)

marriage certificate

25.

The amount of income tax that must be paid by the seller is...

a)

2,5%

b)

5%

c)

10%

d)

1%