FINALS PLANNING AND DEVELOPMENT

1. A Contract to Sell, Reservation Agreement, and Buyer's Financing Document are needed
to close a deal (true)
2. An Advance Material Procurement strategy listed below can help lessen the price
increase impact on the construction? (true)
3. An email blast is a marketing tool wherein the real estate agent invites prospective
clients to attend a visual presentation about the product he is offering? (false)
4. An open House and Site Inspection are somehow very expensive as these developers
spend money on decorations, food, transporting prospective clients within the project in
order for them to gain more attention on clients and buyers within the Project vicinity.
(true)
5. As to the Uses of Real Estate Development, a Resort/Tourism development is frequently
and customarily used for assembly and entertainment purposes or where a person or
domestic/foreign tourist go for adventure and relaxation.(true)
6. As to the Uses of Real Estate Development, Farm Estate is devoted to agricultural
purposes or the raising of domestic animals for sale or personal consumption. (false)
7. As to the Uses of Real Estate Development, a Memorial Park is where the bodies of the
departed are buried. (true)
8. As to the Uses of Real Estate Development, an Institutional Development is devoted to
use by societies, corporations or institutions that are charitable, educational, religious,
or the like, in nature and character(true)
9. As to the Uses of Real Estate Development, an Industrial Development accommodates
more than 1 dwelling unit on each building lot.(false)
10. As to the Uses of Real Estate Development, a Timeshare is a complex of residential
houses complete with facilities for assisted living.(true)
11. Batas Pambansa 344 is known as the Socialized and Economic Housing of the
Philippines(false)
12. Brochures are used by real estate agents in distributing a small piece of paper with floor
plans and colorful perspectives of a building project? (true)
13. Building Permit is a proof of tax payment from the BIR through LGU(false)
14. Compatibility of Land Use is a related concept of multiple uses of land(true)
15. Comprehensive Land Use Map is a colored map of the city or municipality used for visual
representation of different controlled development in which the colors are prescribed by
the DHSUD(false)
16. Construction is a shared natural resource and due to its limitation, proper conservation
and care must be practiced so that it can be passed onto future generations. (false)
17. Design changes during the implementation stage shall be incorporated by applying for a
Construction Plan.(false)
18. During the design phase, Elevator Transportation Study is used to determine the number
of vertical transportations within medium to high-rise structures and this will
recommend number of mechanical vertical transport, its capacity, and speed to reduce
waiting time of passengers: (true)
19. Everything contained in the approved site development and building plans should be
delivered by the developer to the buyers and homeowners association. (true)
20. Fire Code of the Philippines is the foremost and basic building regulating law that
indicates the minimum and maximum design parameters of any building plans and
development. (false)
21. For Economic Housing development, the maximum selling price of house and lot
package is P480,000.00 (false)
22. For Open Market Housing development, the minimum selling price of house and lot
package is P4,000,000.00. (true)
23. For small projects and limited project budget, the landowner hires Project
Engineer/Architect to take care of the construction of his/her project (true)
24. Highest and Best Use of Land is the use of land which generates the maximum profit
without negative consequences especially on the environment. (true)
25. In Soft Cost Project Development, an Architect is needed for the Legal Documentation of
the project: (false)
26. If the developer has been caught doing a pre-selling activity, the DSHUD shall issue a
Temporary Restraining Order (TRO) that will temporarily stop their construction
activities: (true)
27. In managing asset and property, the owners oversee property management including
leasing or resale, management of fixed assets, reconfiguration, remodeling. re-making
space as necessary to extend economic life and enhance performance of assets. (true)
28. In Raw land Acquisition activity, the EMB-DENR is needed for the acquisition of
Environmental Compliance Certificate (ECC): (true)
29. In Raw land Acquisition activity, The Barangay Tanod is needed for the acquisition of
Environmental Compliance Certificate (ECC): (false)
30. In Raw land Acquisition activity, the Real Estate Appraiser is needed for the
Monumenting and Titling of land: (false)
31. In Raw land Acquisition activity, the Geodetic Engineer is needed for the Monumenting
and Titling of land: (true)
32. In the completion and formal opening phase, the developer brings in full-time operating
people, increases advertising. Government approves occupancy, utilities are connected,
buyers move in. Construction lender is taken out and the permanent loan is closed.
(true)
33. In the conduct of the feasibility study, the developer commissions formal market study
to estimate market absorption, commissions feasibility study comparing estimated value
of project to cost, processes plans through government agencies. (true)
34. In the construction phase, the developer switches to a formal accounting system,
seeking to keep all costs within budget. He approves all changes suggested by marketing
people, resolves construction disputes, makes progress payments; keeps work on
schedule. (true)
35. In the Contract Negotiation phase, the developer decides on the final design based on
what the market study says buyers want and will pay for. Contracts are negotiated. He
gets loan commitment in writing, decides on contractors, and gathers permits from the
government (true)
36. In the Main Categories in Subdivision Development, a residential subdivision is the type
of development wherein the large raw land is converted into a safe, serviceable, and
affordable residence with associated facilities. (true)
37. In the Main Categories in Subdivision Development, Commercial Development is the
type of development where a big tract of rawland is focused on providing property
industrial manufacturing.(false)
38. In the Main Categories in Subdivision Development, a commercial development is the
type of development where offices, retail, wholesale, and financial activities are
developed dependent on the purchasing power of the supporting population within the
area of accessibility. (true)
39. In the Refinement of the Idea, the developer finds a specific site for the idea: looks into
physical feasibility; talks with prospective buyers, lenders, partners, planners: settles on
tentative design, options the land if the idea looks good. (true)
40. In the Technical Due Diligence (TDD) activities, the Soil Investigation Report shows the
type of soil existing within the site and its Average Mean Sea Level (AMSL) (true)
41. Location Plan is the exact boundaries of the property as plotted by a licensed Geodetic
Engineer showing appropriate distances from one point to another with corresponding
bearing (longitude and latitude) (true)
42. Marriage Contract is a proof of ownership and must be in the name of the person or
corporation who will apply for the appropriate permits and licenses from the concerned
government instrumentalities. (false)
43. On the Complexity of real estate development, a Simple Subdivision refers to the
subdivision of a parcel of land located in an existing street into 2 or more lots without
creating any road or open space or without changing the existing external periphery or
boundary. (true)
44. One of the proper reasons why there is a revision in the plans is the Management
Decisions (true)
45. Pag-IBIG Financing scheme is wherein the owner/developer can device an amortization
scheme whereby buyers pay a reservation fee, down payment and balance over a fixed
period of time. (false)
46. Part of the developer's deliverables to the unit buyers is the amenities and facilities
marketed (true)
47. Presidential Decree 957 is known as the Subdivision and Condominium Buyer's
Protection Decree of the Philippines (true)
48. Pre-Development Proceeds pertain to all expenses for the project shall be dependent on
the pre-selling activities of the developer to supplement funds for construction and
development (true)
49. Press releases use magazine and news prints which show the products they are offering
and selling to the prospective clients. (false)
50. Republic Act 9266 governs the Homeowners Association. (false)
51. Sanitary Engineer provides layout of toilets, plumbing and sanitary fixtures of the
building project (true)
52. The Appraisers are hired by either a developer or land owner in developing a property or
properties. They provide manpower and equipment to do the complete the
development. (false)
53. The Architect provides design layout of hardscapes (furniture, lamp posts, etc.) and
landscapes (plants, bushes) of a development. (false)
54. The Architect provides designs on structural components of the building. (false)
55. The Architect provides plans for interiors of not just walls, floors, and ceiling but also
pieces of furniture that will blend with the interior spaces. (false)
56. The Architect who will invest on a property or properties. (false)
57. The Civil Engineer provides design on electrical layout, computes electrical load
requirements of the building project (false)
58. The Contractor is responsible in the building and construction of establishments hired by
the Owner wherein that entity supplies and installs materials and finishes under a
contract: (true)
59. The Financiers provide financial assistance to developers by providing loans and in
return, the payments are done in tranches or a number of months or years with interest
(true)
60. The Flood & Hydrologic Study provides information on the Average Mean Sea Level
(AMSL) of the property and to determine if the property is hazardous for development.
(true)
61. The full meaning of DAR is Department of Agrarian Research(true)
62. The full meaning of DENR is Department of Environment and Natural Resources (true)
63. The full meaning of DHSUD is Department of Human Settlers and Urban Development
(false)
64. The full meaning of HUDCC is Housing and Urban Development Coordinating Center
(false)
65. The full meaning of LRA is Land Registration Association (false)
66. The full meaning of NREA is National Real Estate Association (true)
67. The full meaning of NWRB is National Water Resources Bureau (false)
68. The full meaning of OWWA is Overseas Workers Working Association (false)
69. The full meaning of SSS is Social Security System (true)
70. The Geotechnical Assessment provides information on what type of foundations to be
used as recommended by the engineer who interprets the Soil Boring Report. (true)
71. The government manages the development within their territory and they impose laws
and taxes on citizens and companies. (true)
72. The inception of an idea looks for needs to fill, sees possibilities, has lots of ideas, does
quick feasibility in his mind (true)
73. The Land Owner has interest in developing a property for financial gains. They either
own or buy a property as they see it as an opportunity for their business interest. (false)
74. The Land Owner is the one who owns a property (true)
75. The lot area limitations when applying for a Pag-IBIG housing loan is 18 sqm. (false)
76. The Lot Plan shows the elevations in the property as plotted by the Geodetic Engineer
with appropriate contour intervals (false)
77. The Marketer is tasked to sell the property with the use of pamphlets, audio-visual
presentation, and other means to market the property. (true)
78. The full meaning of CREBA is Chamber of Real Estate & Builders Association (true)
79. The Mechanical Engineer provides heating, ventilating and air conditioning system
design of a building. (true)
80. The minimum number of months of Pag-IBIG contribution should a member have to
apply for a housing loan is 6 months (false)
81. The new government body that replaced the Housing and Land Use Regulatory Board
(HLURB) which was created in 2019 is the Department of Human Settlement & Urban
Development. (true)
82. The proceeds from Design and Planning shall be spent for the completion of the
construction project (false)
83. The Professionals are the ones who provide technical expertise in developing a property.
(true)
84. The REIT pertains to all expenses for the project shall be dependent on the pre-selling
activities of the developer to supplement funds for construction and development (false)
85. The Sanitary Engineer provides architectural plans of any development and coordinates
with different engineers to complete the design project (false)
86. The Seismic Analysis provides information on how the development affects within and
nearby properties. It provides information also on how to mitigate future issues and
concern affecting the environment (false)
87. The Seismic Analysis provides information ONLY about the soil types and its strata.
(false)
88. The Social Security System is a government institution wherein a member can apply for a
housing loan and can be paid from a minimum of 3 years up to 30 years. (false)
89. The Specialty Façade Consultant does the Wind Tunnel Analysis (true)
90. The Target Market is a specific defined segment of consumers to be offered with its
products or services. (false)
91. The Tax Clearance Map restricts the density and height of buildings and it controls the
development within the city or municipality. (false)
92. The Traffic Impact Analysis provides information for high- rise development in
determining the size, number, and speed of lifts and escalators. (false)
93. The Traffic Impact Study provides information on how development affects within the
property or nearby communities in terms of vehicle and pedestrian movements. (true)
94. The Wind Tunnel report provides information on the nearest fault lines within the target
areas. (false)
95. The Wind Tunnel report provides information on how the wind behaves which affects
the design of building facades and sometimes the designer harnesses this for natural
ventilation within the building. (true)
96. This Geotechnical Engineer provides information on the value of the property, both land
and building and most of their references come from the BIR valuation and value of
nearby areas surrounding the property for sale (false)
97. Vicinity Map is the exact location of the property with respect to adjoining
developments. (true)
98. When there are failures in the plans, the developer must submit the Alteration Permit to
the Registry of Land. (false)
99. Zoning Ordinance is the guide to decisions on the future. pattern and direction of the
physical growth and development of a city or municipality (false)
100. Zoning Ordinance restricts the density and height of buildings and it controls the
development within the city or municipality. (true)