Real Estate Terminologies

The periodic payment which includes principal

The periodic payment which includes interest

The periodic payment which includes principal and interest

None of the above

The final payment in an installment plan which is bigger than the previous installments and which liquidates part of the obligation

The final payment in an installment plan which is bigger than the previous installments and which liquidates the entire obligation

The final payment in a financing plan which is almost bigger than the previous installments and which liquidates the obligation

None of the above

The difference between contract price and loanable amount

The difference between the fair market price and the loanable amount

The difference between the contact price and the down payment

The difference between the contract price and the selling price

Failure to fulfill a duty and a promise in an instrument in writing that has been agreed upon

Failure to discharge an obligation and perform any act in an instrument that has been agreed upon

All of the above

None of the above

Buyees equity plus miscellaneous expenses such as title transfer and mortgage registration

Buyer's equity plus miscellaneous expenses such as fire insurance and mortgage redemption

All of the above

None of the above

Increase in value of real estate with all the efforts or expenses by the owner

Increase in value of real estate without any effort and expense by the owner

Increase in value and depreciation without any effort and expense by the owner

None of the above

50-50 basis

40-60 basis

It depends

As agreed

The authority given by the principal to the broker for the latter to negotiate the sale within a stipulated period and at stated price and terms

The demand letter given by the broker to the seller to negotiate for payment of commission

The authority to buy and sell properties

All of the above

Lending mortgage for depressed areas program

Barangay housing assistance program

Community mortgage program

All of the above

Deficiency

Default

Unearned increment

Multiplier effect

Principle of diminishing value

Principle of value subtractiory

Principle of regression/

Principle of less value

Principle of addition

Principle of progression

Principle of value added

Principle Of multiplier effect

Add on increment

Unearned increment

Incidental increment

Unforeseen values

Below value improvement

Unearned increment

Incidental increment

Under improvement

Under innovations

Property owners market

Sellers market

Sellers preference

Choice properties

Refers to the power to satisfy human wants

Refers to the right of determining attributes to satisfy human wants

Refers to the power or attributes to satisfy human wants

None of the above

Refers to the present worth of future benefits arising from the ownership of a property

Refers to the present and future benefits from the ownership of a property

Refers to the future and past benefits from the ownership of a property

All of the above

Displacement of present residents of various economic Status or of similar cultural background

Displacement of present and past residents of lower and middle economic status or of different cultural or social background

Displacement of present residents people of means or of different or social background

Displacement of present residents by people/of lower economic status or of different cultural or social background

The study of current supply-and demand conditions in a given area of a specific property

The study of past and current demand conditions of a specific property

The study of current demand conditions in various areas of properties

The study of current supply and demand conditions of various properties in all areas

Condition prevailing in an area as of a given time when there are few properties for sale against many buyers, in which case price will go down

A condition prevailing in an area as of a given time when there are a few properties for sale against many buyers , in which case price will go up

A conditions prevailing in area as of a given time where there are few properties against few buyers, in which case there is no effect on the price

Condition prevailing in area as of a given time where there a few properties against few buyers in which case there is a slight effect on the price

Refers to land sea air and useful improvements thereon

Refers to land and all improvements thereon

Refers to land and useful improvement thereon

Refers to land and selected improvement thereon

Amount accompanying offer to purchase to show good faith or genuine desire of the buyer

Amount accompanying letter of intent to show good faith in the future.--

Amount of no specified value to show good faith in a given transactions

None of the above

Is the reversion of a private and public property because there is no heir

Reversion of the private property to the city due to the interstate death of the owner who is survived with no legal heir

Reversion of the private property due to the interstate death of the owner with no heir

None of the above

Payment of a fair and reasonable amount for a property taken from a private person by the government body

Payment of a fair and reasonable amount for a property taken from a private person by another private entity

Payment of a fair and reasonable amount for a property taken from a private person by another non government office

None of the above

Refers to the property exclusively owned by a wife and husband

Refers to the property exclusively owned by a wife

Refers to the property exclusively owned by a husband

Refers to the property exclusively owned y the children

RA 9946

RA 4946

RA 9656

None of the above

5 Commissioners

4 Commissioners

3 Commissioners

None of the above

A passage with an access in one or two ends

A passage with no end

A passage with an access in one end

A passage with two or more ends

Process by getting the estimated commercial fair market value of a property by capitalizing its annual income

Process by getting the estimated commercial fair market value of a property by capitalizing its annual net income

Process by getting the agricultural, residential, industrial fair market value of a property by capitalizing the cost benefit of the income

None of the above

The term refers to the zoning regulations which designates the distance of a building must be set back from another property line

The term refers to the regulation; which designates the distance-from a lot to the other property line

The term refers to the zoning regulations which designates the distance of a house must be set back from another house

None of the above