11/27/21, 8:18 PM Mock Exam 21-1

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4e_skQ/viewscore?viewscore=AE0zAgAW… 1/37 Email * [email protected] 1/1 A. Fertilizer
actually used on a piece of land; B. Shares of stock of agricultural, commercial and industrial entities; C.
Machinery intended for an industry in a building D. Statues and paintings intended for permanent
attachment 1/1 A. Animal houses, pigeon-houses, beehives, fish ponds etc. intended for permanent
attachment; B. Fertilizer actually used on a piece of land; C. Mines, quarries, and slag dumps, while part
of the bed, and waters either running or stagnant; D. Real property which by any special provision of law
is considered as personalty; Mock Exam 21-1 Total points 92/100 1. The following properties are
considered “movable” property – * 2. The following properties are “immovables”, except – * 11/27/21,
8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 2/37 1/1 A. Patrimonial property B. Roads, canals and rivers
C. Ports and bridges D. Property reserved for some public service 1/1 A. Is required to be donated by the
Owner to the National Museum; B. May be acquired by the State at a just price; C. Shall be subject to
forfeiture; D. Will be owned 50% by the Owner, 50% to be surrendered to the State. 1/1 A. Right to Enjoy
B. Civil fruits C. Right of accession D. Industrial fruits 3. The following properties of government is not
part of public dominion – * 4. Hidden treasure found to be of interest to science or the arts -- * 5.
Ownership of property gives this right to everything which is produced thereby or which is incorporated
or attached thereto – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 3/37 1/1 A. They shall own land left dry by the natural
decrease of waters; B. They shall lose the portion of land inundated in extraordinary floods; C. They shall
own the accretion which they gradually receive from the effects of waters; D. They shall own outright a
portion of land transferred from another estate by natural action of water; 1/1 A. Redemption B.
Adjudication C. Quieting of title D. Adverse claim 6. The following is TRUE for owners of lands adjoining
rivers, ponds or lagoons -- * 7. An action in court to remove any doubt or resolve any claim that is
apparently valid but is in truth invalid. * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 4/37 1/1 A. Subject to approval of the court B. Only in case
the inheritance is accepted C. Automatically D. Only after estate taxes have been paid 1/1 A. A possessor
in bad faith B. An honest owner C. A possessor in good faith D. A legitimate owner 1/1 A. Indemnity for
expenses of cultivation that yields natural fruits after his possession ended; B. Portion of the harvest
gathered after his possession is severed; C. The rentals of the property that will accrue beyond his
possession; D. The reimbursement for expenses for useful things he introduced to the property; 8. The
possession of hereditary property is deemed transmitted to the heir without interruption and from the
moment of the death of the decedent --- * 9. A person is not aware that there exists in his title or mode
of acquisition of the property a flaw which invalidates it. He is – * 10. A possessor in good faith is not
entitled to the following – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 5/37 1/1 A. The natural fruits of the land he gathered from
tree planted by a previous usufructuary; B. All of the hidden treasure he found in the property; C. The
rentals from a part of the property he sub-leased; D. The subterranean minerals he uncovered; 1/1 A. To
sub-lease the property; B. To sell his right of usufruct; C. To alienate his usufruct gratuitously; D. To pay
for expenses of restoration for damage due to wear and tear. 1/1 A. To make inventory of all movables in
the property; B. To give security for the movables in his possession; C. To notify the owner about
damages incurred in the property; D. To repair all kinds of damages in the property incurred during his
possession; 11. A usufructuary is not entitled to the following – * 12. The usufructuary is not entitled to
the following rights – * 13. The usufructuary does not have the following obligation – * 11/27/21, 8:18
PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 6/37 0/1 A. Make ordinary repairs required by wear and
tear; B. Pay taxes on the fruits of the property; C. Pay real property taxes imposed upon the land and
building; D. Notify the owner of any acts of third persons prejudicial to the property; Correct answer C.
Pay real property taxes imposed upon the land and building; 1/1 A. Get a refund for all the insurance
premiums paid; B. Receive the proceeds of the insurance if the owner does not repair; C. Be entitled to
enjoy the use of the building after renovation; D. Return of all rentals paid including those prior to the
fire; 14. The usufructuary has the following obligations, except – * 15. A usufructuary was required
under contract to shoulder the building’s insurance premium with owner as beneficiary. The building
was later damaged due to a fire before the end of the rental period. He is entitled to – * 11/27/21, 8:18
PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 7/37 1/1 A. Owner; B. Dominant estate; C. Servient estate;
D. None of the above. 1/1 A. Apparent easements; B. Continuous easements; C. Positive easements; D.
Negative easements; 1/1 A. RESA Law B. RA 11123 C. RA 10963 D. RA 10912 16. The immovable
benefitting from an easement established is called the ______. * 17. Easements are those which are
made known and are continually kept in view by external signs that reveal the use and enjoyment of the
same are called ______________ easements. * 18. Also known as the “Continuing Professional
Development Act of 2016” - * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 8/37 1/1 A. R.A. 8981 B. R.A. 8974 C. R.A. 8532 D. R.A. 8435
1/1 A. Real estate training module on the internet B. Read a new book on real estate service C. Research
paper on real estate industry D. Relevant short-term post-graduate course 1/1 A. NEDA B. DTI C. PRB-RES
D. AIPO RES 19. The PRC Modernization Act – * 20. The following activities are entitled to CPD credit
units as part of “self-directed learning” , EXCEPT – * 21. The new Code of Ethics and Responsibilities for
Real Estate Service Practitioners adopted in 2019 was promulgated by – * 11/27/21, 8:18 PM Mock Exam
21-1
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4e_skQ/viewscore?viewscore=AE0zAgAW… 9/37 1/1 A. to all real estate service practitioners only B. to
clients of real estate service practitioners C. to all real estate developers and their buyers D. to the local
government assessors only 1/1 A. Computer-aided design or CAD B. Geographic information science C.
Global positioning systems D. Photogrammetry 1/1 A. Meridians B. Longitudes C. Circumferential lines D.
Latitude 22. The Code of Ethics and Responsibilities for Real Estate Service Practitioners * 23. A
technological advancement which has revolutionized cartography by making measurements and
locations more accurate – * 24. Imaginary lines around the earth in varying circumferences going up
from the Equator are called – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 10/37 1/1 A. Equator B. Prime meridian C. Baseline D.
Timeline. 1/1 A. 180 degree longitude B. zero degrees longitude C. 90 degrees latitude D. zero degrees
latitude 1/1 A. Manila B. Caloocan C. Davao D. Quezon City 25. A line of longitude which passes through
Greenwich, England – * 26. The international date line is located at – * 27. The most populous city in the
Philippines - * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 11/37 1/1 A. Treaty of Paris B. Tydings-McDuffie Act C. C.A.
141 D. Act 496 1/1 A. Supreme court B. Ombudsman C. Sandiganbayan D. Regional Trial Court 1/1 A. 40
B. 81 C. 138 D. 17 28. Created the Philippine Commonwealth in 1935 - * 29. A special court created
primarily to try government officials accused of graft and corruption - * 30. Number of provinces in the
Philippines – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 12/37 1/1 A. 17 B. 80 C. 146 D. 202 1/1 A. CENRO B. National
Commission for Indigenous Peoples C. Land Management Bureau of DENR D. Department of Agrarian
Reform 1/1 A. Type I B. Type II C. Type III D. Type IV 31. Number of cities in the Philippines - * 32. For
lands of the public domain, the following agencies are involved in titling, except * 33. The highest quality
classification of a building based on building codes and appraisal guidebooks – * 11/27/21, 8:18 PM
Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 13/37 1/1 A. 20% B. 40% C. 50% D.80% 0/1 A. Property
register B. Assessment rolls C. Real estate database D. Tax declaration roster Correct answer B.
Assessment rolls 1/1 A. There will be less money in circulation B. There will be an increase in investments
in time deposits C. There will be more money in circulation D. There will be less borrowings 34.
Assessment level of Agricultural lands – * 35. The list of properties that are taxable or exempt are
maintained by the assessors in the – * 36. Interest rates are vital in controlling money supply. If interest
rates are reduced – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 14/37 1/1 A. Capital outflows from the country B. Recession C.
More investment D. More savings 1/1 A. Increase the money supply B. Increase the reserve
requirements for banks C. Decrease the interest rates D. Buy back government securities 1/1 A.
Compound rate B. Discount rate C. Guarantee rate D. Lending rate 37. Low interest rates will trigger – *
38. The BSP controls money supply. If excess money is feeding inflation, the BSP will – * 39. When banks
borrow from the BSP, they are charged a rate of interest called the – * 11/27/21, 8:18 PM Mock Exam
21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 15/37 1/1 A. Increasing infrastructure spending B. Selling
government securities C. Increasing the discount rate D. Increasing taxes 1/1 A. Multiplier effect B.
Transactional impact C. Inflation D. Investment 1/1 A. Population growth patterns B. Availability of
affordable credit C. Inflation D. Bureaucracy 40. The effect of this action of government will result in
increasing money supply in circulation. * 41. Every peso invested in real estate is converted into multiple
transactions – * 42. Demand for real estate is least affected by – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 16/37 1/1 A. Net present value B. Yield C. Return on
investment D. Net operating expenses 1/1 A. Portfolio B. Aggregate C. Mutual fund D. Corporation 1/1 A.
Risk free rate B. Recapture rate C. Lending rate D. Marginal rate 43. As of the starting date, the amount
of future cash inflows minus future cash outflows including the initial cost of investment, will result in – *
44. An assemblage of various assets or liabilities held by or managed by a single entity. * 45. The portion
of the capitalization rate equivalent to the yield of an investment that is conservative and is highly
reliable, dependable and worry-free. * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 17/37 0/1 A. Systematic risk B. Systemic risk C. Calculated risk
D. Economic risk Correct answer B. Systemic risk 0/1 A. Wasting assets B. Intangible asset C. Depreciable
asset D. Destructive assets Correct answer A. Wasting assets 46. Risk that affects an entire market and
not just a specific company or asset. * 47. Assets which in real terms will continue to depreciate in value
over time as a result of business operations, production or other purposeful activity. * 11/27/21, 8:18
PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 18/37 1/1 A. Yield to maturity B. Promised yield C. Coupon
rate yield D. Reversionary yield 1/1 A. Monument locator B. Tie line C. Reference point; D. Point of origin
1/1 A. Height limit B. Floor area ratio C. Zoning classification D. Lot setbacks 48. The actual anticipated
yield of a bond considering its initial yield but adjusted by economic forces of supply and demand for
such bond available in the secondary market. * 49. A line giving distance and direction to a known
monument set up by the government’s land management agency – * 50. A building density limit set by
zoning laws which is derived as a multiple of the lot area – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 19/37 1/1 A. Measurement of a property line B. Angle of
deviation from the North-South line C. Angle of deviation from the West-East line D. All of the above 1/1
A. Technical description of the lot B. Number of the previous title C. Cancellation of mortgage D. Lot
owner’s name. 1/1 A. Transit / Theodolite B. Compass C. GPS device D. Total Station 51. Bearings found
in land survey plans designate – * 52. The following information can not be found in the Memorandum
of Encumbrances at the back of a title document, except – * 53. Instrument used to define location using
latitude and longitude – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 20/37 1/1 A. Plane survey B. Global survey C. Topographic
survey D. Geodetic survey 1/1 A. P408,000; B. P367,200; C. P340,000; D. None of the above; 1/1 A. P
408,000; B. P 400,000; C. P 456,960; D. None of the above; 54. A survey of a large area of land in which
corrections are made to account for the curvature of the earth. * 55. The private owner of a residential
condo which has 28 sqm floor area sells it for P3,400,000 less a 10% discount. How much is the output
tax on this transaction? * 56. The developer’s price is P 3,808,000 inclusive of EVAT. How much is the
EVAT? * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 21/37 1/1 A. P180,000; B. P 215,892; C. P270,596; D.
P227,499. 1/1 A. P 12,762,816; B. P 6,628,894; C. P 9,907,539; D. P 11,288,950; 57. Iris Legislador
deposited P100,000 today in a rural bank and it earns 10% compound interest per annum , how much
will her money be after 10 years, assuming interest is credited annually and subject to 20% withholding
tax? * 58. Susan Lazo invested P10M in a mutual fund with guaranteed minimum yield of 5% per annum.
On the 5th year, she withdrew P5M. How much will the fund be after another 5 years? * 11/27/21, 8:18
PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 22/37 1/1 A. 1,089,150; B. 1,205,312; C. 2,400,000; D.
900,000; 0/1 A. 5%; B. 6%; C. 7%; D. 8%; Correct answer D. 8%; Feedback Annuity factor = (1+r)^10 / r. By
trial and error, try all values. r=8% will yield an annuity factor of 14.40 59. Based on current zonal values,
your estate is worth P20M today. If zonal value is expected to increase 5% every 3 years, how much will
be the estate tax 9 years from now? Assume standard deduction from the gross estate is P5M, you have
no family home, and the estate tax rate is straight 6%. * 60. John Ferrer plans to invest the amount of
P100K annually for his retirement in 10 years. How much should the minimum annual interest rate be in
order for him to retire with at least P 1.4Million. The annuity factor is 14.486. * 11/27/21, 8:18 PM Mock
Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 23/37 0/1 A. P944K; B. P910K; C. P900K; D. P 964K; Correct
answer A. P944K; Feedback Amortization is 87,200. Year 1 interest is 60,000. That leaves 27,200 credited
to principal. new balance is 972,800. Year 2 interest is 6% of this, or 58,368. Since amortization is 87,200,
the difference of 28,832 is credited to principal. Total credits to principal = 27,200+28,832 = 56,032. Loan
balance = 1,000,000 - 56,032 = 943,968. 1/1 A. Median B. Mode C. Count. D. Lowest price 61. Mr. Sta.
Cruz took out a 20-year loan of P1,000,000 at 6% interest, amortizing P 87,200 /year. After 2 years of
paying the amortization, he wants to pay off the loan. What is the balance? The annual amortization
factor is .0872. * 62. To obtain the average of unit prices from a set of property transactions for a
common category of real estate, the appraiser shall take the sum of all the prices and divide the sum by
the – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 24/37 1/1 A. A measure of the volatility, or systematic risk, of a
security or a portfolio B. A coefficient used to determine the value of a share of stock C. A benchmark
against which the price of property is compared between different countries D. A measure of the rate of
inflation experienced by certain commodities 1/1 A. Department of Public Works and Highways B.
Department of Environment and Natural Resources C. Department of Justice D. Department of Finance
1/1 A. PD 27 B. RA 8435 C. RA 6657 D. RA 9700 63. The CPI refers to – * 64. The Land Management
Bureau is an agency under the jurisdiction of the – * 65. The landmark law of agrarian land reform which
mandated coverage of all private agricultural lands in 1988 – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 25/37 1/1 A. DHSUD B. Department of Agriculture C.
Department of Agrarian Reform. D. LGU 1/1 A. Lands under the Network of Protected Areas for
Agriculture (NIPAS) B. Irrigable lands without an irrigation project C. Watershed and recharge areas of
aquifers D. Land programmed for irrigation facility or project 1/1 A. Comprehensive land use plan B.
Ordinance updating the schedule of fair market values C. Joint venture agreement with developers of
socialized housing D. Master plan for relocation of squatters 66. Land conversion from agricultural to
other uses requires approval of the – * 67. These lands may apply for conversion by submitting justifying
documents – * 68. Under the Local Government Code, RA 7160, Sec. 20c, all LGUs shall prepare this - *
11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 26/37 1/1 A. The local executive must be authorized by an
enabling ordinance B. Just compensation shall be offered to affected property owners C. An offer was
not accepted by the land owner D. The act of expropriation must be approved by the Department of
Finance 1/1 A. Road widening B. Housing program for the employees of local government C.
Construction of drainage system D. Construction of the city hall 1/1 A. Approved by the Department of
Justice B. There is a judicial decree C. Approved by the president of the Philippines D. Accepted by the
land owner 69. In order that an LGU may exercise the power of eminent domain, this is not necessary – *
70. The following project is not grounds for exercising the power of eminent domain – * 71.
Expropriation proceedings can be valid only if -- * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 27/37 1/1 A. Heavy industries B. National parks C. Resource
extractive industries D. Golf courses 1/1 A. Areas set aside as potential tourist spots B. Areas for public
plazas C. Prime farmland D. Areas occupied by indigenous peoples 1/1 A. Simple subdivision B.
Residential subdivision C. Complex subdivision D. Planned unit devt 72. Under PD 1586, the following is
not an environmentally critical project – * 73. The following are considered environmentally critical areas
under PD 1586, except – * 74. A subdivision in which an entire tract is carefully planned and divided into
small lots served by streets and open spaces – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 28/37 1/1 A. Residential subdivision B. Agricultural subdivision
C. Industrial subdivision D. Commercial subdivision 1/1 A. Lawn lots B. Crematorium C. Catholic Church
D. Clubhouse 1/1 A. DHSUD B. LMB C. DPWH D. DAR 75. A subdivision in which the minimum size of a lot
must be 1,000 sq. meters, only 25% of which can be occupied by a structure. * 76. Which of these
elements is always found in a memorial park – * 77. The following agency must review and approve the
subdivision plan with respect to the technical measurements its boundaries and of roads, lots and other
areas. * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 29/37 1/1 A. PD 1216 B. BP 220 C. PD 957 D. RA 6552 1/1 A.
3.14 meters B. 6.28 meters C. 4 meters. D. 2 meters 1/1 A. Curvilinear plan B. Chaplan C. Gridiron plan D.
Cul-de-sac 78. The law that governs the registration of real estate development projects for the purpose
of protecting the rights of buyers – * 79. At a street corner, the curvilinear property line or the chaplan
has a radius of 2 meters. What is the length of the fence at the curvilinear portion only? * 80. Along the
front of this dead-end street, the lot frontages are curvilinear property lines – * 11/27/21, 8:18 PM Mock
Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 30/37 1/1 A. Curvilinear plan B. Chaplan C. Gridiron plan D.
Contour planning 1/1 A. Curvilinear plan B. Chaplan C. Gridiron plan D. Cul-de-sac 1/1 A. Tee street B.
Cul-de-sac C. Branch D. None of the above 81. A subdivision which is designed to conform with rolling
terrain, resulting in some irregularly-shaped lots - * 82. Most common planning scheme for subdivisions,
consisting of blocks and lots that are rectangular, regular in shape – * 83. A dead-end street which has
two turning alleys at its end – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 31/37 1/1 A. Regular lot B. Flag lot C. Through lot D. Corner-
through lot 1/1 A. Regular lot B. Flag lot C. Through lot D. Corner-through lot 1/1 A. June 18, 1966 B. July
12, 1976 C. Oct. 14, 1977 D. Aug. 26, 1972 84. A lot with 3 sides fronting a street – * 85. A lot with no
direct street frontage, accessed only through a narrow driveway – * 86. The condominium law, R.A.
4726, was enacted on – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 32/37 1/1 A. TCT B. OCT C. RCT D. CCT 0/1 A. Nansha B.
Panatag C. Fiery Cross Reef D. Spratleys Correct answer C. Fiery Cross Reef 87. The title evidencing
ownership of a unit in a condominium is known as the – * 88. Name of the island where China has built a
3 km runway in the West Philippine Sea – * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 33/37 1/1 A. Treaty of Paris territorial map B. United Nations
Convention on the Law of the Sea C. Philippine Constitution D. Hague International Tribunal Ruling 1/1 A.
Fasting and abstinence daily B. Readings of the Quran C. Refrain from work during daylight hours D.
Prayers for self-purification 89. The Philippines claim over some islands in the West Philippine Sea is
based on – * 90. The following is not a required practice for Muslims during the holy month of Ramadan
– * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 34/37 0/1 A. Negritos B. Igorot C. Mangyan D. Lumad Correct
answer A. Negritos 1/1 A. Igorot B. Mangyan C. Lumad D. Bajao 91. Most primitive and dominant of the
original ethnic groups found in Luzon island – * 92. Most dominant of the original ethnic groups found in
Mindanao island- * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 35/37 1/1 A. 6.75 percent B. 8.33 percent C. 2.78 percent D.
12.00 percent 1/1 A. 0.015 B. 1.5 C. 0.58 D. 0.15 1/1 A. P6,000 B. P 4,600. C. P7,000 D. P4,000 93. If a
property has a net income ratio of .75 and a gross income multiplier of 9, what is the indicated overall
capitalization rate? 94. If a property’s net income ratio is .85. What is its operating expense ratio? * 95. A
lender has quoted an interest rate of 5.5% per annum with monthly payments. What is the interest
payment in the first month for a P1,000,000 mortgage amount? Round your answer * 11/27/21, 8:18 PM
Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 36/37 1/1 A. 8.75 B. 7.75 C. 7 D. 8.5 1/1 A. P480,000 B.
P270,000 C. P450,000 D. P378,000 1/1 A. 0.66 ha. Gross and 0.75 ha Net B. 320 sq.m. gross area and
287.50 sq. m. net area C. 386.56 sq.m. gross area and 320 sq. m. net area D. 351 sq. m. gross area and
320 sq.m. net area 96. A commercial property producing an annual gross income of P390,000 was sold
two months ago for P3,412,500. What is the property’s gross income multiplier? * 97. A 7-year old
residence is currently valued at P720,000. What was the original value if it has appreciated by 60% since
it was built? * 98. A rectangular site measures 12.5 m (frontage) by 25.6 m (depth) of which 2.6 m is in
the public right of way. What is the gross and net site area? * 11/27/21, 8:18 PM Mock Exam 21-1
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4e_skQ/viewscore?viewscore=AE0zAgA… 37/37 1/1 A. 7.48 percent B. 10 percent C. 11.96 percent D. 9
percent 1/1 A. P25,500 B. P75,000 C. P60,000 D. P67,500 , This content is neither created nor endorsed
by Google. - Terms of Service - Privacy Policy 99. An office building recently sold for P50,000,000. Given
the following information: a) Gross (potential) income : P10,000,000 ; b) Vacancy factor : 8 percent ; c)
Expenses : 45 percent of effective gross income; d) Annual mortgage payment : P4,125,000; e) Equity :
P12,500,000. What is the rule of thumb cash yield per annum? * 100. A tenant has a lease that states the
base rent is P5,000 per month plus 3% of the sales above P50,000 in gross sales per month. The tenant’s
sales last year were P850,000. How much rent was paid last year? * Forms