Laws and Regulations

Question 1

CHED Memorandum Order 28 series of 2011 – October 25, 2011.

Answer 1

Policies, Standards and guidelines for the Bachelor of Science in Real Estate
Management (BS REM)

Question 2

BLEREB

Answer 2

Board Licensure Examination
for Real Estate Brokers

Question 3

REBLEX

Answer 3

Real Estate Broker’s Licensure Examination

Question 4

PD 957

Answer 4

Subdivision and
Condominium Buyer’s Protective Decree.

Question 5

RA 11201 of February 14,2019

Answer 5

Promulgated the creation of Department of Humas Settlements and Urban Development

Question 6

DHSUD

Answer 6

Department of Humas Settlements and Urban Development. Agency now responsible for the
development and adoption of a national strategy to ensure alignment of policies, programs

Question 7

RA 9646

Answer 7

An Act regulating the Practice of Real Estate Service in the Philippines

Question 8

RESA

Answer 8

Real Estate Service Act of the Philippines. RA 9646

Question 9

BS REM Program

Answer 9

Aims to prepare the graduates for a career in the field of Real Estate Management
in various corporations and institutions, whether in the practice of salesmanship, brokerage=,
appraisal and consultancy, including the local government practice of assessors and appraisers.

Question 10

BSREM objective (CHED MO 28, Sec1)

Answer 10

To develop a corps of technically
competent, responsible and respected professional real estate service practitioners whose standards
of practice and service shall be globally competitive and will promote the growth of the real estate industry.

Question 11

BSREM (CHED MO,Sec6)

Answer 11

Indicated the competency standards for graduates of BSREM. 20 items.

Question 12

RE Career Professions

Answer 12

Brokerage, Assessors, Appraiser, Consultant

Question 13

REBLEX SUBJCT CLUSTER - 1

Answer 13

General/Fundamentals of Real Estate Service – 100 Points. 3 hrs. 25%

Question 14

REBLEX SUBJCT CLUSTER - 2

Answer 14

Special and Technical Knowledge – 100 Points, 3 hrs. 25%

Question 15

REBLEX SUBJCT CLUSTER - 3

Answer 15

Professional Practice – 200Points, 4 hrs. 50%

Question 16

AIPO

Answer 16

Accredited Integrated Professional Organization

Question 17

RE Guidelines on Posting (SEC. 38)

Answer 17

• License Number
• PRC Professional Identification Card Number & its Validity
• PTR Number with date & place of Issuance
• AIPO Membership & Receipt number with its validity

Question 18

PRBRES

Answer 18

Professional Regulatory Board for Real Estate Brokers

Question 19

PRBRRES MEMO

Answer 19

1. Secure written Authority to Negotiate for Sale or Authority to Sell real estate property.
   Approved: Dec 12,2018
2. Request for dislodging of salesperson should be signed by the supervising real estate broker and the
   accredited salesperson.
   Approved: September 19, 2019
3. Hereby directed to comply to Section 31 and 32 of RA 9646 wherein a salesperson can only engage with 1 broker at a time.
   Approved: Sep 18,2019
4. One of the requirements of the accreditation of the real estate salesperson is a completion for
   fifteen (15) hours of Real Estate Brokerage Seminar as an entry Level
   Approved: Sep 18,2019

Question 20

CTP

Answer 20

Certificate Training Program

12- hour seminar needed for entry level salesperson as a
requirement for application for accreditation with required topics

Question 21

REBRES

Answer 21

Real Estate Seminar for Real Estate Salesperson

Question 22

RA 7160

Answer 22

Real Property Taxation

Question 23

CPD

Answer 23

Continuing Professional Development

the seminar needed by the Salespersons, Brokers, Appraisers and Consultants for them to be able to renew their licenses

Real Estate Brokers - 15 Credit Units , 3 years per renewal cycle

Real Estate Salespersons - 5 Credit Units, 1 year renewal cycle

Question 24

REALE

Answer 24

Real Estate Appraiser Examination

Question 25

R.A. No. 10587