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Legal Requirements for Real Estate Service 2026

Total questions: 30

Worksheet time: 18mins

Name
Class
Date
1.

When must a real estate broker in the Philippines pay the Professional Tax Receipt (PTR) to legally practice their profession?

a)

At the beginning of every year, on or before January 31

b)

At the end of every year, on or before December 31

c)

Mid-year, on or before June 30

d)

At any time during the year

2.

What is the color of the official PRC pin worn by Chairpersons and Members of the PRBRES Board?

a)

Blue

b)

Red

c)

Purple

d)

Gold

3.

Who is the chairperson of the newly appointed Board as of December 17, 2025?

a)

Maria Teresita B. Canlas

b)

Estelita D. Patdu

c)

Jessie B. Doctolero

d)

Ofelia C. Binag

4.

Who represents the government appraisers and assessors in the newly appointed Board?

a)

Cecilynne R. Andrade

b)

Maria Teresita B. Canlas

c)

Estelita D. Patdu

d)

Ofelia C. Binag

5.

Who is the current Chairperson of the Commission?

a)

Charito A. Zamora

b)

Nicolas P. Lapeña Jr.

c)

Ofelia C. Binag

d)

Eduardo G. Ong

6.

What is the color of the official pin worn by accredited Real Estate Consultants (REC)?

a)

Blue

b)

Red

c)

Purple

d)

Green

7.

As of November 2024, what is the validity period of a real estate salesperson's PRC accreditation?

a)

1 year

b)

2 years

c)

co-terminus with the validity of the Professional ID Card of the supervising licensed REB

d)

valid until revoked

8.

Until when could qualified DTI-registered salespersons be accredited by the Board without examination under RESA Law?

a)

July 30, 2011

b)

July 21, 2010

c)

July 30, 2009

d)

July 30, 2012

9.

Of the 5 members of the Board, how many shall represent the government assessors and appraisers in active service?

a)

1 member

b)

2 members

c)

3 members

d)

All members

10.

A real estate broker engaged in project selling must also be registered with which government agency aside from the PRC?

a)

DAR

b)

DHSUD

c)

AIPO

d)

Commission

11.

Which organization served as the Interim Accredited Professional Organization (IAPO) for real estate service practitioners prior to the establishment of the AIPO?

a)

PHILRES

b)

FRESA

c)

PAREB

d)

None of the above

12.

Who adopts the Code of Ethics and Responsibilities for real estate service practitioners?

a)

Commission

b)

Board

c)

AIPO

d)

CHED

13.

Under the RESA Law, the term "Assessor" refers to

a)

Chief Assessor

b)

Chief Assessor and Assistant Assessor

c)

Chief Assessor and Zoning Administrator

d)

Valuer

14.

Which of the following illustrates the quasijudicial function of the Professional Regulatory Board of Real Estate Service under R.A. 9646?

a)

Conducting licensure examinations

b)

Reviewing and approving the curriculum for REM

c)

Investigating complaints, holding hearings, and making decisions on violations of RESA Law

d)

Accrediting real estate service associations

15.

How are in-house brokers of real estate developers classified under R.A. 9646 in relation to their employment status?

a)

As full-time employees of the developer

b)

As part-time employees with limited benefits

c)

As independent contractors, even if they work exclusively for the developer

d)

As salaried employees under the corporation's payroll

16.

What is the validity period of Professional Identification Card (PIC) and Certificate of Registration (COR)?

a)

Annually for both

b)

Every 3 years for both

c)

Every 3 years for the PIC; COR valid until revoked

d)

Both valid until revoked

17.

Where should a real estate broker pay the Professional Tax Receipt (PTR)?

a)

Professional Regulatory Board of Real Estate Service

b)

City/Municipal Treasurer

c)

Bureau of Internal Revenue (BIR)

d)

Treasurer of the Professional Regulation Commission (PRC)

18.

Which law governs the Professional Regulation Commission (PRC), also known as the PRC Modernization Act of 2000?

a)

R.A. 8981

b)

R.A. 9646

c)

R.A. 8424

d)

R.A. 8646

19.

The various regulatory boards under the Professional Regulation Commission (PRC) are grouped into an association referred to as the:

a)

PAPRB

b)

PARBR

c)

PRBRES

d)

PABRES

20.

Which of the following is NOT included in the roster of real estate service practitioners maintained by the Board under Section 22 of R.A. 9646?

a)

Names of all registered real estate service practitioners

b)

Their residence and office addresses

c)

The number of years of professional experience

d)

License number, dates of registration, or issuance of certificates

21.

What is the minimum passing requirement for the real estate broker's licensure examination?

a)

Average of at least 75% in all subjects, with no rating below 50% in any subject

b)

Average of at least 50% in all subjects, with no rating below 75% in any subject

c)

Average of at least 50% in all subjects, with no rating below 50% in any subject

d)

Average of at least 75% in all subjects, with no rating below 60% in any subject

22.

How many recommendees are chosen by the Commission from a list of nominees submitted by the AIPO to form part of the Board?

a)

5

b)

3

c)

4

d)

2

23.

After the expiration of how many years from the date of revocation can the Board reinstate a revoked Certificate of Registration or reissue a suspended Professional ID Card (PIC)?

a)

After 2 years

b)

After 5 years

c)

Only after passing another licensure examination

d)

After the penalty fee is settled, regardless of time elapsed

24.

Which of the following is NOT a member of the CPE Council?

a)

Chairperson from the Board

b)

CPE Service Provider

c)

Member from the Academe

d)

Member of AIPO

25.

What was the predecessor agency to the Professional Regulation Commission (PRC)?

a)

Civil Service Commission

b)

Bureau of Professional Standards

c)

Office of the Board of Examiners

d)

National Licensing Agency

26.

The Real Estate Service Act (RESA) is composed of:

a)

5 Articles and 45 Sections

b)

5 Rules and 45 Sections

c)

10 Articles and 45 Sections

d)

10 Rules and 45 Sections

27.

To qualify for the Real Estate Consultant licensure examinations, applicants must show proof of experience as a licensed real estate broker for how many years?

a)

5 years

b)

10 years

c)

15 years

d)

No required years of experience

28.

When was the Implementing Rules and Regulations (IRR) of RESA Law signed?

a)

June 29, 2009

b)

July 30, 2009

c)

July 21, 2010

d)

August 8, 2010

29.

Represents the vital role of real estate practitioners in the social, political, and economic development and progress of the country. What symbol of the PRBRES Official Seal does this describe?

a)

Land

b)

Rising Sun

c)

Sun and Rays

d)

Structures

30.

When was the RESA Law passed in the Senate and House of Representatives?

a)

May 12, 2009

b)

June 29, 2009

c)

July 30, 2009

d)

August 8, 2010