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Questions and Answers
Which of the following is considered immovable property according to the Civil Code of the Philippines?
Which of the following is considered immovable property according to the Civil Code of the Philippines?
According to the definition provided, which of these is classified as personal property?
According to the definition provided, which of these is classified as personal property?
What are 'Chattels' generally referred to in the context of property law?
What are 'Chattels' generally referred to in the context of property law?
Which item is NOT considered part of immovable property?
Which item is NOT considered part of immovable property?
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Under the Civil Code, which of the following is a characteristic of immovable property?
Under the Civil Code, which of the following is a characteristic of immovable property?
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Which of the following describes personal property correctly?
Which of the following describes personal property correctly?
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Which of the following is specifically characterized as immovable property?
Which of the following is specifically characterized as immovable property?
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What is the classification of 'forces of nature controlled by science' according to the Civil Code?
What is the classification of 'forces of nature controlled by science' according to the Civil Code?
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What is the primary characteristic of freehold estates?
What is the primary characteristic of freehold estates?
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Which type of fee simple estate allows property ownership with specific conditions?
Which type of fee simple estate allows property ownership with specific conditions?
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What distinguishes a non-freehold estate from a freehold estate?
What distinguishes a non-freehold estate from a freehold estate?
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Which of the following represents a characteristic of a fee simple defeasible estate?
Which of the following represents a characteristic of a fee simple defeasible estate?
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What does the term 'fee simple absolute' refer to?
What does the term 'fee simple absolute' refer to?
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In which type of fee simple defeasible estate does ownership revert immediately on violation of stipulations?
In which type of fee simple defeasible estate does ownership revert immediately on violation of stipulations?
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Which of the following is not a restriction associated with fee simple estates?
Which of the following is not a restriction associated with fee simple estates?
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What term is used for the right of a person to possess and use land?
What term is used for the right of a person to possess and use land?
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What is the main purpose of public domain properties?
What is the main purpose of public domain properties?
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Which of the following properties are considered alienable?
Which of the following properties are considered alienable?
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Which scenario describes future property?
Which scenario describes future property?
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Which example demonstrates inalienable property?
Which example demonstrates inalienable property?
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How do present properties differ from future properties regarding ownership?
How do present properties differ from future properties regarding ownership?
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In the context of alienability, which statement is true?
In the context of alienability, which statement is true?
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What distinguishes public dominion from public domain?
What distinguishes public dominion from public domain?
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Which of the following best describes intangible present properties?
Which of the following best describes intangible present properties?
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What is the primary way residents own their units in a cooperative?
What is the primary way residents own their units in a cooperative?
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Who is generally allowed to acquire land in the Philippines?
Who is generally allowed to acquire land in the Philippines?
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What is the main characteristic of traditio constitutum possessorium?
What is the main characteristic of traditio constitutum possessorium?
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What exception allows aliens to acquire real estate in the Philippines?
What exception allows aliens to acquire real estate in the Philippines?
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In which of the following scenarios does quasi-tradicion apply?
In which of the following scenarios does quasi-tradicion apply?
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How can a former natural-born Filipino citizen acquire real estate?
How can a former natural-born Filipino citizen acquire real estate?
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What is an example of a mixed mode of acquiring ownership?
What is an example of a mixed mode of acquiring ownership?
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What is required for corporations to acquire land in the Philippines?
What is required for corporations to acquire land in the Philippines?
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What distinguishes ordinary prescription from extraordinary prescription?
What distinguishes ordinary prescription from extraordinary prescription?
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What happens to the property of a Filipino citizen if they marry a foreign national?
What happens to the property of a Filipino citizen if they marry a foreign national?
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What is an essential condition for the possession to qualify as ordinary prescription?
What is an essential condition for the possession to qualify as ordinary prescription?
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Which of the following is NOT a mode of acquisition for real estate in the Philippines?
Which of the following is NOT a mode of acquisition for real estate in the Philippines?
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What does traditio por ministerio de la ley involve?
What does traditio por ministerio de la ley involve?
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What is shared ownership in a condominium complex primarily based on?
What is shared ownership in a condominium complex primarily based on?
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Which of the following is NOT associated with traditio constitutum possessorium?
Which of the following is NOT associated with traditio constitutum possessorium?
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Which of the following correctly describes the delivery of incorporeal property in quasi-tradicion?
Which of the following correctly describes the delivery of incorporeal property in quasi-tradicion?
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What is the maximum area a natural born citizen can acquire for urban land under RA 8179?
What is the maximum area a natural born citizen can acquire for urban land under RA 8179?
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Which of the following is NOT included in the sworn statement required for deed registration under BP 185?
Which of the following is NOT included in the sworn statement required for deed registration under BP 185?
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How many lots can a transferee acquire under RA 8179?
How many lots can a transferee acquire under RA 8179?
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What is the maximum area allowed for rural land acquisition under RA 8179?
What is the maximum area allowed for rural land acquisition under RA 8179?
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Which statement correctly reflects the conditions for married couples under RA 8179?
Which statement correctly reflects the conditions for married couples under RA 8179?
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What must accompany a deed of conveyance for registration under BP 185?
What must accompany a deed of conveyance for registration under BP 185?
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What is a requirement for a transferee to be eligible to acquire land under RA 8179?
What is a requirement for a transferee to be eligible to acquire land under RA 8179?
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Which statement describes the mode of land acquisition restrictions under RA 8179?
Which statement describes the mode of land acquisition restrictions under RA 8179?
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Study Notes
Fundamentals of Real Estate
- A "thing" or "object" can be literal (physical) or legal (rights).
- Example of literal: a book.
- Example of legal: property rights over land.
Three Kinds of Things
- Res Nullius: Things belonging to no one, the object of appropriation, e.g., wild animals, abandoned items.
- Res Communes: Things belonging to everyone, for public use, e.g., air, ocean. Not subject to appropriation or private ownership.
- Res Alicujus: Things belonging to someone, privately owned, either individually or collectively.
Property
- Real Property: Land and improvements (buildings, etc.) permanently attached.
- Real Estate: Rights, benefits, and interests related to real property ownership.
- Includes rights in the land and surrounding space, including below the surface to the center of the Earth.
- Real property is not a physical concept; it's a bundle of rights
- Includes all rights, benefits and interests related to ownership of real estate
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Description
Explore the foundational concepts of real estate, including definitions of tangible and intangible objects, as well as the classifications of property rights. Learn about res nullius, res communes, and res alicujus, and understand the distinctions between real property and real estate. This quiz provides insights into the rights and benefits associated with property ownership.
