PRC Real Estate Broker Exam Practice Questions - PRC Real Estate Broker Licensure Examination Exam - PRC Real Estate Broker Exam Practice Questions - PRC Real Estate Broker Licensure Examination Exam

Question 1

Under Republic Act No. 9646 (RESA), which body is directly responsible for the regulation of the real estate service practice in the Philippines?

Department of Human Settlements and Urban Development (DHSUD) Professional Regulatory Board of Real Estate Service (PRBRES) under the Professional Regulation Commission Securities and Exchange Commission (SEC) Bureau of Internal Revenue (BIR)

Correct Answer:

Professional Regulatory Board of Real Estate Service (PRBRES) under the Professional Regulation Commission

Question 2

What is the composition of the Professional Regulatory Board of Real Estate Service (PRBRES) under RA 9646?

One Chairperson and two members One Chairperson and three members One Chairperson and four members One Chairperson and five members

Correct Answer:

One Chairperson and four members

Question 3

To qualify to take the Real Estate Broker Licensure Examination, what is the minimum educational requirement specified by Section 14 of RA 9646?

A holder of a relevant bachelor's degree from a state university or college or other CHED-recognized institution A Master's degree in Business Administration with a real estate specialization A two-year Associate Degree in Real Estate or related commerce course A high school diploma with at least five years of active sales experience under a broker

Correct Answer:

A holder of a relevant bachelor's degree from a state university or college or other CHED-recognized institution

Question 4

Under Section 26 of RA 9646, a real estate broker must post a professional indemnity insurance / cash or surety bond in an amount set by the Board, but in no case less than what minimum amount, and how often is it renewed?

Not less than ₱20,000, renewable every three (3) years Not less than ₱5,000, renewable annually Not less than ₱50,000, renewable every five (5) years Not less than ₱100,000, renewable annually

Correct Answer:

Not less than ₱20,000, renewable every three (3) years

Question 5

Under Section 39 of RA 9646, what is the penalty for any unlicensed person who engages in the practice of real estate service in the Philippines?

A fine of not less than ₱50,000 or imprisonment of not less than 1 year, or both A fine of not less than ₱100,000 or imprisonment of not less than 2 years, or both A fine of not less than ₱200,000 or imprisonment of not less than 4 years, or both A fine of not less than ₱500,000 or imprisonment of not less than 5 years, or both

Correct Answer:

A fine of not less than ₱200,000 or imprisonment of not less than 4 years, or both

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About this Exam

Prepare with the PRC Real Estate Broker Exam Practice Questions - PRC Real Estate Broker Licensure Examination Exam practice quiz. This question bank includes 100 questions covering real, condominium, estate, section, and unit. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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PRC Real Estate Broker Exam Practice Questions - PRC Real Estate Broker Licensure Examination Exam

This practice set contains 100 questions from the matching question bank and focuses on real, condominium, estate, section, and unit. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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PRC Real Estate Broker Exam Practice Questions - PRC Real Estate Broker Licensure Examination Exam

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