Republic Act No. 9646

An act regulating the practice of Real estate service in the Philippines, creating for the purpose of a professional Regulatory Board of Real Estate service, appropriating funds thereof and for other and for other purposes

• RA 4696

• RA 9646

• PD 957

• None of the Above

The Real Estate Service Act of the Philippines (RA 9646) became effective last:

• June 15, 2009

• June 30, 2010

• July 30, 2009

• July 30, 2010

Under the RESA law, a city government official whose purpose is primarily for taxation purposes is the:

• Real estate treasurer

• Real estate appraiser

• Real estate assessor

• Private real estate appraiser

In case RR development corporation will engage in the development of land for a memorial park, the corporation shall be referred to under the RESA and defined as a:

• Real estate business corporation

• Real estate developer

• Real estate development and memorial company

• Real estate dealer

The following person is not covered by the Code of Ethics and Responsibilities for real estate service practice

• Real estate salespersons

• Real estate broker

• Real estate appraisers

• Real estate dealers

As per the definition of real estate service practitioners under the RESA, the code of ethics no longer cover the following:

• Real estate salesman

• Real estate consultants

• Real estate brokerage partnerships

• Real estate appraiser

The Real Estate Service Act created this board to regulate the real estate service practice.

• Professional Regulatory Commission

• Professional (Regulatory) Board for Real Estate Service

• Accredited and Integrated Professional Organization

• Board of Real Estate Service Practitioners

• Department of Trade and Industry

The Professional Board for Real Estate Service is composed of

• a Chairman and four (4) Members

• a Chairman and five (5) Members

• a Chairman and six (6) Members

• a Chairman and three (3) Members

• a Chairman and two (2) Members

For its creation, the nomination of members to the Real Estate Service Board is initially made by the:

• Professional Regulation Commission

• Accredited and Integrated Professional Organizations

• Accredited Professional Real Estate Organizations

• Professional Real Estate Organizations

The power to adopt the Code of Ethics and Responsibilities, under the RESA, shall be under the

 

• Professional Regulation Commission

• Accredited and Integrated Professional Organization

• Professional Regulatory Commission

• Professional Regulatory Board of Real Estate Service