Republic Act No
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Questions and Answers

What is the declaration of policy stated in the Real Estate Service Act?

  • To promote the real estate market (correct)
  • To stimulate economic activity
  • To appropriate funds for real estate service
  • To develop and nurture the real estate service practitioners

What is the purpose of the Professional Regulatory Board of Real Estate Service?

  • To stimulate economic activity
  • To regulate the practice of real estate service (correct)
  • To enhance government income from real property-based transactions
  • To appropriate funds for real estate service

According to the Real Estate Service Act of the Philippines, what is the title of the act?

  • Professional Regulatory Board of Real Estate Service Act
  • Real Estate Service Act of the Philippines (correct)
  • Real Estate Market Development Act
  • Regulating the Practice of Real Estate Service Act

When was the Real Estate Service Act enacted?

<p>June 29, 2009 (A)</p> Signup and view all the answers

What role do real estate service practitioners play in the development and progress of the country according to the Real Estate Service Act?

<p>They promote the real estate market (A)</p> Signup and view all the answers

According to the Real Estate Service Act of the Philippines, what is the purpose of creating a Professional Regulatory Board of Real Estate Service?

<p>To regulate the practice of real estate service (B)</p> Signup and view all the answers

What is the title of the Real Estate Service Act of the Philippines?

<p>Real Estate Service Act of the Philippines (A)</p> Signup and view all the answers

What is the main role of real estate service practitioners according to the Real Estate Service Act?

<p>To promote economic development and progress of the country (A)</p> Signup and view all the answers

When was the Real Estate Service Act enacted?

<p>June 29, 2009 (D)</p> Signup and view all the answers

What does the Real Estate Service Act declare about the role of real estate service practitioners?

<p>They have a vital role in the development and progress of the country (B)</p> Signup and view all the answers

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