2025 Online Coe,Legal Requirements,Resa Comprehens
- Civil Law
- 41 pages
- Shared June 2025
RESA Comprehensive Exam, covering legal requirements, ethical standards, licensing, duties, and professional responsibilities of real estate practitioners under Philippine law (RA 9646).
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS.RESA COMPREHENSIVE EXAM ONLINE COE,LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM Total points 77/100 REB REVIEW 2025 COMPREHENSIVE EXAM A noble profession, calling or an occupation dedicated to the promotions, 1/1 development and conservation of land and natural resources. Consulting ' L _ J Brokerage Service Practice (•) Realty Service Practice y / Real Estate Practitioner s / Since realty service practice is an honorable practice, those who practice 1/1 are bounded to follow a . (•) Code of Ethics and Responsibilities Code of Conduct Organization Code Canons of Conduct
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM S Level of knowledge, competence and expertise in real estate 1/1 development and management that shall be maintained. ® Adequate Sufficient Complete Extensive X Upgrading of the standards of practice shall be effected. 0/1 ■ . ' When the need arises @ At all times Q Even when it is not needed Always Correct answer ® When the need arises v/ Level of integrity, honesty and competence in the profession of realty 1/1 service practice. ® High V Highest ■ ) Average Minimum 0
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM \Z High level of integrity, honesty and competence in the profession for the 1/1 best interest of the community and . The Country The State (•) The Nation Other: Level of professional and respect relationship with colleagues in the Realty 1/1 Service Practice. ® High s / Highest Average Extreme \Z Fair, honest and just dealing of realty service practice with each other. 1/1 (•} Always : All times < } Anytime Every time
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM X Shall embrace and include all persons, partnerships or corporations who 0/1 are duly licensed by the Department of Trade and Industry, ® Real estate service Brokerage service practice Realty Service Practice Real Estate Professional Correct answer k*? Realty Service Practice He should pay any and all taxes. Organization Relation Government Relation Public Relation Customer Relation 1/1
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM •J Support government projects & land development activities. 1/1 (•} Government Relation "S Organization Relation Public Relation Customer Relation Other: He should not encourage, abet, tolerate or participate in the evasion or 1/1 illegal reduction in the payment of all taxes. Customer Relation Organization Relation Public Relation (•) Government Relation s/' Other:
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM X He should not offer or agree to pay to, split or rebate any commission, fee o/l or valuable consideration to unlicensed realty service practitioner. ® Public Relation Organization relation Government Relation Customer Relation Other: Correct answer (•) Government Relation S The practitioner should be imbued with a social conscience for he does not 1/1 live by himself and his family alone but he is a part of society with definite social responsibilities; ® Public relation Organization Relation ' ■ __J Government Relation Customer Relation
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM He should ascertain all pertinent facts concerning every property, and 1/1 avoid error, exaggeration, misrepresentation or concealment of pertinent facts in dealing with the general public concerning real estate transactions; (J) Public Relation Organization Relation Customer Relation Government Relation He should not be instrumental in introducing in a neighborhood a certain 1/1 character or use of property which will tend to impair or erode property values within that neighborhood; Organization Relation Customer Relation (•) Public Relation Relation to Fellow Practitioner
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM He should not be a party to the naming of a false consideration in a deed o/l of instrument. Customer Relation Public Relation Government Relation Relation to Fellow Practitioner Correct answer Public Relation He should keep a special bank account separate and distinct from his own i/i funds. Customer Relation 1 Government Relation ' ■ • ) Public Relation - / Relation to Fellow Practitioner
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM X He should see to it that all agreements, terms and conditions, financial o/l obligations and commitments in a real estate transaction are in writing, duly signed by all parties concerned. Public Relation ® Customer Relation Government Relation C J Relation to Fellow Practitioner Correct answer (•) Public Relation The practitioner, in accepting an appointment or authority to act for and in 1/1 behalf of a client or customer, should pledge himself with utmost fidelity and good faith. (•) Customer Relation Public Relation Government Relation Relation to Fellow Practitioner
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM sZ He should not accept any commission, fee or any valuable consideration 1/1 from any party in any transaction except from his client. Public Relation Government Relation (•} Customer Relation Relation to Fellow Practitioner He should charge or collect only such fees or commissions as are fair and 1/1 reasonable in accordance with usual schedule of commission. (•) Customer Relation \Z Public Relation Relation to Fellow Practitioner Government Relation *Z He should assist his customer acquire possession and ownership of the i/i real property bought in accordance with the terms and conditions agreed upon; Relation to Fellow Practitioner (•) Customer Relation Public Relation Government Relation
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM xZ In case he is called upon to act as witness in a court proceeding he should 1/1 give his testimonies in the most unbiased, honest, truthful and professional manner; (•) Public Relation ■ . j Customer Relation Relation to Fellow Practitioner Government Relation xZ He should not solicit a listing which is currently listed exclusively with 1/1 another broker unless the listing agreement has expired or revoked by the owner and the owner offers to list the same to the new broker without soliciting the same; Customer Relation Public Relation ( ♦ ) Relation to Fellow Practitioner Government Relation
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM When he accepts a listing from another broker, the agency of the broker 1/1 who offers the listing should be respected until it has expired. Relation to Fellow Practitioner Public Relation Customer Relation Government Relation Signs giving notice of a property for sale, rent, lease or exchange should not be placed on any property by more than one broker and only if authorized by the owner; 1/1 Customer Relation Relation to Fellow Practitioner Public Relation U O Government Relation He should not use information obtained by him from a listing broker 1/1 through offers to cooperate or received through multiple listing services or other sources authorized Customer Relation Public Relation (•) Relation to Fellow Practitioner < j Government Relation
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3/9/25, 10:28 AM ONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM X He should not criticize publicly a competitor nor volunteer an opinion of a 0/1 competitor's transaction. Relation to Fellow Practitioner ( ■ ) Public Relation X Customer Relation Government Relation Correct answer k*? Relation to Fellow Practitioner x/ The practitioners should seek no unfair advantage over his fellow i/i practitioners and should willingly share with them the lessons of his experience and study; Customer Relation Relation to Fellow Practitioner xZ ' ■ L . Public Relation Government Relation
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