Legal Aspects Of Sales, Lease And Mortgage / Family Code / Property MGT

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LEGAL ASPECTS OF SALES, LEASE AND MORTGAGE / FAMILY CODE / PROPERTY MGT TEST EXERCISES. . .

  
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1.  Refers to a title formally recognizing the right of possession and ownership of Indigenous Peoples over their Ancestral Domains identified and delineated:
A.
B.
C.
D.
2.  A system of procedures to ensure that all audits are carried out correctly.
A.
B.
C.
D.
3.  Refers to a group of people or homogenous societies identified by self-ascription and ascription by other, who have continuously lived as organized community:
A.
B.
C.
D.
4.  All are special formalities of a notarial will except:
A.
B.
C.
D.
5.  Choose which are the characteristics of a mortgage contract:
A.
B.
C.
D.
E.
6.  In a defective contracts, the defect is caused by lack of form, authority, or capacity of both parties not caused by prescription is:
A.
B.
C.
D.
7.  The following occupations are required by law to be registered with the Professional Regulations Commission, except:
A.
B.
C.
D.
8.  Which agency of the government charged with the execution of laws relative to the registration of lands and is under the executive supervision of the Department of Justice?
A.
B.
C.
D.
9.  Spouses who were married after the effectivity of the Family Code without any pre-nuptial agreement shall be governed by:
A.
B.
C.
D.
E.
10.  If a deceased owner of a land dies intestate without any debts or obligation the documents to be executed to transfer to transfer title to the sole heir is:
A.
B.
C.
D.
E.
11.    Purchaser of the thing leased can terminate the lease except in the following conditions:
A.
B.
C.
D.
12.  Mr. Villanueva inherited a piece of land when he was still  single. Then he got married on October 1, 2000 without a marriage settlement. What is the nature of property now that he is married?
A.
B.
C.
D.
E.
13.  A stipulation forbidding the owner from alienating the immovable mortgage:
A.
B.
C.
D.
14.  Refers to land occupied, possessed and utilized by individuals, families, and clans who are members of Indigenous Peoples:
A.
B.
C.
D.
15.  To systematically and repeatedly measure a parameter to track changes or establish the baseline or current conditions.
A.
B.
C.
D.
16.  Donation of  a property is void when:
A.
B.
C.
D.
E.
17.  The Statute of Frauds applies only to:
A.
B.
C.
D.
18.  If a person died leaving a will, what is the special court proceedings that must be instituted to determine the validity of the testamentary disposition  of the deceased?
A.
B.
C.
D.
E.
19.  An act allowing illegitimate children to use the surname of their Father, amending for the purpose Article 176 of EO No.209, otherwise known as the “FAMILY CODE OF THE PHILIPPINES”:
A.
B.
C.
D.
20.  Select which kinds of real estate mortgage under the law:
A.
B.
C.
D.
21.  Refers to all areas generally belonging to Indigenous Peoples comprising lands, inland waters, coastal areas, and natural resources:
A.
B.
C.
D.
22.  All except one, are grounds for termination of Absolute Community property Regime:
A.
B.
C.
D.
23.  Juan and Maria are live-in partners. Juan is a married man who bought a parcel of land at Quezon City through the conjugal funds. Who owns the parcel of land?
A.
B.
C.
D.
24.  Real Estate mortgage special requisites covers:
A.
B.
C.
D.
25.  Notice that intended to constructively advise, or warn all people who deal with the property that they so deal with it at their own risk:
A.
B.
C.
D.
26.  Which of the following are the modes of acquiring ownership?
A.
B.
C.
D.
27.  Spouses have the freedom to choose the regime that will govern their properties by marriage settlement or pre-nuptial agreement, such as, but not include:
A.
B.
C.
D.
28.  When the deceased registered owner is survived as a sole heir, the estate of the former maybe transferred to a latter with the execution of a document is known as:
A.
B.
C.
D.
E.
29.  A law that provides that certain contracts/agreements must be in writing in order to be enforceable:
A.
B.
C.
D.
30.    Spouses who were married after the effectivity of the family code without any pre-nuptial agreement shall be governed by:
A.
B.
C.
D.
E.
31.  Select which are the obligations of a lessee:
A.
B.
C.
D.
32.  After the lapse of said period, the annotation of adverse claim may be cancelled upon filing of a:
A.
B.
C.
D.
33.  Legal right of the state to acquire property of a decedent who died without a will and without heirs is referred to as what?
A.
B.
C.
D.
E.
34.  Stipulation whereby the thing mortgaged, shall automatically become the property of the creditor in the event of non-payment of the debt within the term fixed:
A.
B.
C.
D.
35.    Audits that assess targeted activities, processes or  discharges of the auditee in relation to legislation.
A.
B.
C.
D.
36.  Finance is the of science of__________________.
A.
B.
C.
D.
37.    Refers to a title formally recognizing the rights of Indigenous Peoples over their Ancestral Lands:
A.
B.
C.
D.
38.  A special proceeding mandatory required for the purpose of establishing the validity of a will.
A.
B.
C.
D.
39.  The public repository of records of instruments affecting registered and unregistered land and chattel mortgage is:
A.
B.
C.
D.
40.  In the mode of acquiring ownership, actual possession of land in opposition to all other claimants is called:
A.
B.
C.
D.
41.  An illegitimate child was born last  March 2008. The child may use the surname of the father if the:
A.
B.
C.
D.
E.
42.  What kind of real estate mortgage that means one is required by law to be executed in favor of certain persons:
A.
B.
C.
D.
43.  What is functional share of the surviving spouse that will appear in the new title if  the descendant(decedent) left three (3) legitimate children and one (1) (il)legitimate child:
A.
B.
C.
D.
E.
44.  Date of effectivity of Family Code:
A.
B.
C.
D.
45.  A special contract of permanent union between a man and a woman entered into in accordance with law for the establishment of conjugal and family life. Its nature, consequences and incidents are fixed by law and cannot be the subject of stipulation.
A.
B.
C.
D.
46.  A mode of acquisition by virtue of which the property, rights and obligations to the extent of the value of the inheritance, of a person are transmitted through his death to another or others by his will or by operation of law.
A.
B.
C.
D.
47.  Which is the essential requisites of a contract?
A.
B.
C.
D.
48.  Omision in the testator’s will of one, some, or all of the compulsory heirs in the direct line, whether living of the execution of the will or born after the death of the testator.
A.
B.
C.
D.
49.  The vendor is liable to the vendee for any hidden faults or defects in the thing sold is called:
A.
B.
C.
D.
50.  In the conjugal partnership gains, what kind of property does the spouses have conjugal partnership on?
A.
B.
C.
D.
E.
51.  It is a component of the activity/process/discharge that is being investigated for assessing compliance of a condition attached to a regulatory instrument.
A.
B.
C.
D.
52.  Which below to be effected when foreign ownership exceeds 40%?
A.
B.
C.
D.
53.  What is not an effect of legal separation:
A.
B.
C.
D.
54.  All are on-site activities in a Compliance Audit except:
A.
B.
C.
D.
55.  Juan and Maria are live-in partners. Maria donated a parcel of land to Juan. What is the status of the contract?
A.
B.
C.
D.
56.  Annotation of Section 4, Rule 74 of the Rules of Court  on the property of a deceased person, a surviving spouse and children, provides that the property shall be subject to the rights of three of the following four. Who among four does no have the right to the subject property?
A.
B.
C.
D.
57.  What is Legitime?
A.
B.
C.
D.
E.
58.  The manifestation of the debtor to the creditor of his decision to comply immediately with his obligation:
A.
B.
C.
D.
59.    It is the delivery and transmission of ownership of a thing by the debtor to the creditor as an accepted equivalent of the performance of the obligation:
A.
B.
C.
D.
60.  What kind of real estate mortgage that means one which shows the intention of the parties to make the property a security for a debt:
A.
B.
C.
D.
61.  Select which are the obligations of a lessor:
A.
B.
C.
D.
62.  Which of the following is the correct definition of Compliance Audit:
A.
B.
C.
D.
63.  Compliance Audit consists of the following general activities, except:
A.
B.
C.
D.
64.  It requires the purchaser to be aware of the supposed title of the vendor and one who buys without checking the vendor’s title is called:
A.
B.
C.
D.
65.  Is a notice to a third persons that someone is claiming an interest on the property or has a better right than the registered owner:
A.
B.
C.
D.
66.  Which of the following does not form part of on-site activities in a Compliance Audit:
A.
B.
C.
D.
67.  The roles of a property manager are the following, except:
A.
B.
C.
D.
68.  In a defective contracts, the defect is caused by vice or consent is:
A.
B.
C.
D.
69.    An act whereby a person is permitted, with the formalities prescribed by law, to control to a certain degree the disposition of his estate to take effect after his death.
A.
B.
C.
D.
70.  Husband and wife cannot sell property to each other except when a separation  of property is agreed upon in the “ante-nuptial” contract and:
A.
B.
C.
D.
E.
71.  In the absence of a prenuptial agreement, the following are excluded from the community property except:
A.
B.
C.
D.
E.
72.  Persons who cannot acquire by purchase because of fiduciary relationship:
A.
B.
C.
D.
E.
73.  Today property management emerged as a _________________science.
A.
B.
C.
D.
74.  Property exclusively owned by the husband is called:
A.
B.
C.
D.
75.  The English translation for the latin term “DONATION PROPTER NUPTIAS”.
A.
B.
C.
D.
76.  The part of the testator’s property which he cannot dispose of because the law has reserved it for certain heirs who are, therefore, called compulsory heirs.
A.
B.
C.
D.
77.  Alvin and Iris executed a marriage settlement specifying that  the regime of separation of property shall govern  their property relations during marriage. They are married in proper ceremonies on  December 1, 1988. Under the Family  Code, which of the following systems shall govern their property relations during the marriage?
A.
B.
C.
D.
78.  When a property owner dies without any heirs to inherit, which of the following inherit  powers of the state is applied on the property:
A.
B.
C.
D.
79.  An acquisition of private property through hereditary succession:
A.
B.
C.
D.
E.
80.  A lease contract providing that the lessee can stay in the premises for as long as he wants and for as long as he can pay the rentals and its increases:
A.
B.
C.
D.
81.  Lists of all the activities, processes and discharges to be addressed during the audit including a lists of elements to be audited and the type of observations to be made to assess compliance.
A.
B.
C.
D.
82.  In a defective contracts, the defect is caused by lack of essential elements or illegality is:
A.
B.
C.
D.
83.  In the phrase “save in cases of hereditary succession’ in Sec. 7, Art. XII (National Economy and patrimony), Phil. Charter, What kind of transferee of private land does it refer to?
A.
B.
C.
D.
E.
84.  Possession of land for required number of years and assertion of ownership through an interrupted actual possession of property within the period of time prescribed by law:
A.
B.
C.
D.
85.  Instruments issued to an auditee  pursuant to the legislation. These include approvals, licenses, notices, permits and certificates of registration:
A.
B.
C.
D.
86.  It is a contract entered into by the future spouses fixing the matrimonial property regime that should govern during the existence.
A.
B.
C.
D.
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