Podcast
Questions and Answers
What does real estate development encompass?
What does real estate development encompass?
Which type of subdivision is characterized by the absence of streets or passageways?
Which type of subdivision is characterized by the absence of streets or passageways?
What is a subdivision project primarily intended for?
What is a subdivision project primarily intended for?
What is the first step in the subdivision development process?
What is the first step in the subdivision development process?
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What is included in a subdivision project aside from residential lots?
What is included in a subdivision project aside from residential lots?
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Which characteristic is essential for the selection of a site for housing projects?
Which characteristic is essential for the selection of a site for housing projects?
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What is the maximum slope allowed for housing projects before requiring additional filling?
What is the maximum slope allowed for housing projects before requiring additional filling?
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What zoning classification is required for a site to be suitable for residential housing projects?
What zoning classification is required for a site to be suitable for residential housing projects?
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Which of the following design parameters is NOT necessary for site selection?
Which of the following design parameters is NOT necessary for site selection?
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When considering topography for site selection, what is the maximum slope for high-density housing projects?
When considering topography for site selection, what is the maximum slope for high-density housing projects?
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Which entity is responsible for ensuring soil characteristics meet construction suitability standards?
Which entity is responsible for ensuring soil characteristics meet construction suitability standards?
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What is a key factor to consider when establishing water supply facilities in a new community?
What is a key factor to consider when establishing water supply facilities in a new community?
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Which principle promotes the preservation of natural assets during site planning?
Which principle promotes the preservation of natural assets during site planning?
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What is essential for effective project planning for disaster-resilient homes?
What is essential for effective project planning for disaster-resilient homes?
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What does the National Housing Authority provide in terms of community facilities?
What does the National Housing Authority provide in terms of community facilities?
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What does the term 'Pre-selling' signify in the context of property development?
What does the term 'Pre-selling' signify in the context of property development?
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What is the primary function of a development permit?
What is the primary function of a development permit?
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How does a License to Sell differ from a development permit?
How does a License to Sell differ from a development permit?
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What is meant by the term 'approved survey plan'?
What is meant by the term 'approved survey plan'?
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What is the significance of the License to Sell (LTS)?
What is the significance of the License to Sell (LTS)?
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Which of the following statements is true regarding property selling activities?
Which of the following statements is true regarding property selling activities?
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What is NOT typically included in the definition of 'Sale' in property development?
What is NOT typically included in the definition of 'Sale' in property development?
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Which government body is responsible for granting development permits?
Which government body is responsible for granting development permits?
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Study Notes
Real Estate Development
- Involves land development for various uses: residential, commercial, industrial, agricultural, institutional, and recreational.
- Covers projects like tourist resorts, reclamation, housing projects (individual or condominium ownership), and memorial parks.
Subdivision
- The process includes dividing a parcel of land into two or more lots.
- Simple subdivision does not include the delineation of streets or open spaces.
- Registered lot subdivisions must delineate street access and open spaces in the plan.
Subdivision Project
- Defined as a tract of land registered under Act No. 496, primarily partitioned for residential purposes.
- Can include residential, commercial, industrial, recreational areas, and community spaces.
- Offered for sale either in cash or through installments.
Subdivision Development
- Encompasses the complete process from property acquisition to project execution.
- Includes feasibility studies, securing governmental permits, marketing, and selling projects.
- "Sale" includes any disposition or attempt to sell subdivided lots or condominium units.
Pre-selling
- Refers to selling a project not ready for occupancy yet has secured License to Sell (LTS).
- Activities deemed legitimate when LTS is obtained, even if not ready for immediate occupancy.
Development Permit
- Authorization granted by Local Government Unit (LGU) or DHSUD to develop a subdivision or condominium project.
- Ensures compliance with local zoning regulations, such as building height and parking.
Technical Guidelines for Housing
- Governed by Batas Pambansa Blg. 220, guiding economic and socialized housing projects.
Site Criteria
- Must meet the availability of basic needs and local zoning conformity.
- Requires physical suitability and accessibility to major transportation.
Planning Considerations
- Involves area planning and making site alterations while preserving site assets.
- Considers circulation, easements, and the topography of the land.
Design Parameters
- Includes land allocation, shelter requirements, supply systems (water, electrical, sewage, garbage), and setbacks.
Site Selection Criteria
- Location: Must be suitable and away from hazard-prone areas.
- Accessibility: Legal road access from major thoroughfares is essential.
- Topography and Soil: Slopes must not exceed 15%, with specific requirements for high-density areas.
- Water and Power Supply: Potable water sources must be identified, along with the availability of power utility services.
Site Planning Principles
- Compliance with laws and promotion of green infrastructure.
- Encourages walkable communities and appropriate community facilities to support socio-economic needs.
Other Factors in Project Planning
- Involves collaboration with local agencies and community representatives.
- Requires securing environmental clearances and permits prior to construction, including ECC and building permits.
- Individual beneficiaries must accept housing units before payment to contractors.
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Description
Explore the fundamentals of real estate development, including various types of land use such as residential, commercial, and industrial. This quiz covers crucial aspects like housing construction, subdivision, and the development of tourist resorts. Test your knowledge of the processes involved in transforming land for diverse purposes.
