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2025 Online Coe,Legal Requirements,Resa Comprehens - Document preview page 1

2025 Online Coe,Legal Requirements,Resa Comprehens - Page 1

Document preview content for 2025 Online Coe,Legal Requirements,Resa Comprehens

2025 Online Coe,Legal Requirements,Resa Comprehens

RESA Comprehensive Exam, covering legal requirements, ethical standards, licensing, duties, and professional responsibilities of real estate practitioners under Philippine law (RA 9646).

Mason Bennett
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Page 1 of 13
2025 Online Coe,Legal Requirements,Resa Comprehens - Page 1 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS.RESA COMPREHENSIVE EXAMONLINE COE,LEGALREQUIREMENTS,RESA COMPREHENSIVEEXAMTotal points77/100REB REVIEW 2025 COMPREHENSIVE EXAMA noble profession, calling or an occupation dedicated to the promotions,1/1development and conservation of land and natural resources.Consulting'L_ JBrokerage Service Practice(•)Realty Service Practicey /Real Estate Practitioners /Since realty service practice is an honorable practice, those who practice1/1are bounded to follow a.(•)Code of Ethics and ResponsibilitiesCode of ConductOrganization CodeCanons of Conduct
Page 2 of 13
2025 Online Coe,Legal Requirements,Resa Comprehens - Page 2 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMSLevel of knowledge, competence and expertise in real estate1/1development and management that shall be maintained.®AdequateSufficientCompleteExtensiveXUpgrading of the standards of practice shall be effected.0/1■.'When the need arises@At all timesQEven when it is not neededAlwaysCorrect answer®When the need arisesv/Level of integrity, honesty and competence in the profession of realty1/1service practice.®HighVHighest■)AverageMinimum0
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2025 Online Coe,Legal Requirements,Resa Comprehens - Page 3 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM\ZHigh level of integrity, honesty and competence in the profession for the1/1best interest of the community and.The CountryThe State(•)The NationOther:Level of professional and respect relationship with colleagues in the Realty1/1Service Practice.®Highs /HighestAverageExtreme\ZFair, honest and just dealing of realty service practice with each other.1/1(•}Always:All times< }AnytimeEvery time
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2025 Online Coe,Legal Requirements,Resa Comprehens - Page 4 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMXShall embrace and include all persons, partnerships or corporations who0/1are duly licensed by the Department of Trade and Industry,®Real estate serviceBrokerage service practiceRealty Service PracticeReal Estate ProfessionalCorrect answerk*? Realty Service PracticeHe should pay any and all taxes.Organization RelationGovernment RelationPublic RelationCustomer Relation1/1
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2025 Online Coe,Legal Requirements,Resa Comprehens - Page 5 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAM•JSupport government projects & land development activities.1/1(•}Government Relation"SOrganization RelationPublic RelationCustomer RelationOther:He should not encourage, abet, tolerate or participate in the evasion or1/1illegal reduction in the payment of all taxes.Customer RelationOrganization RelationPublic Relation(•)Government Relations/'Other:
Page 6 of 13
2025 Online Coe,Legal Requirements,Resa Comprehens - Page 6 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMXHe should not offer or agree to pay to, split or rebate any commission, feeo/lor valuable consideration to unlicensed realty service practitioner.®Public RelationOrganization relationGovernment RelationCustomer RelationOther:Correct answer(•)Government RelationSThe practitioner should be imbued with a social conscience for he does not1/1live by himself and his family alone but he is a part of society with definitesocial responsibilities;®Public relationOrganization Relation'■__J Government RelationCustomer Relation
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2025 Online Coe,Legal Requirements,Resa Comprehens - Page 7 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMHe should ascertain all pertinent facts concerning every property, and1/1avoid error, exaggeration, misrepresentation or concealment of pertinentfacts in dealing with the general public concerning real estate transactions;(J)Public RelationOrganization RelationCustomer RelationGovernment RelationHe should not be instrumental in introducing in a neighborhood a certain1/1character or use of property which will tend to impair or erode propertyvalues within that neighborhood;Organization RelationCustomer Relation(•)Public RelationRelation to Fellow Practitioner
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2025 Online Coe,Legal Requirements,Resa Comprehens - Page 8 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMHe should not be a party to the naming of a false consideration in a deedo/lof instrument.Customer RelationPublic RelationGovernment RelationRelation to Fellow PractitionerCorrect answerPublic RelationHe should keep a special bank account separate and distinct from his owni/ifunds.Customer Relation1Government Relation'■• )Public Relation- /Relation to Fellow Practitioner
Page 9 of 13
2025 Online Coe,Legal Requirements,Resa Comprehens - Page 9 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMXHe should see to it that all agreements, terms and conditions, financialo/lobligations and commitments in a real estate transaction are in writing,duly signed by all parties concerned.Public Relation®Customer RelationGovernment RelationC JRelation to Fellow PractitionerCorrect answer(•)Public RelationThe practitioner, in accepting an appointment or authority to act for and in1/1behalf of a client or customer, should pledge himself with utmost fidelityand good faith.(•)Customer RelationPublic RelationGovernment RelationRelation to Fellow Practitioner
Page 10 of 13
2025 Online Coe,Legal Requirements,Resa Comprehens - Page 10 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMsZHe should not accept any commission, fee or any valuable consideration1/1from any party in any transaction except from his client.Public RelationGovernment Relation(•}Customer RelationRelation to Fellow PractitionerHe should charge or collect only such fees or commissions as are fair and1/1reasonable in accordance with usual schedule of commission.(•)Customer Relation\ZPublic RelationRelation to Fellow PractitionerGovernment Relation*ZHe should assist his customer acquire possession and ownership of thei/ireal property bought in accordance with the terms and conditions agreedupon;Relation to Fellow Practitioner(•)Customer RelationPublic RelationGovernment Relation
Page 11 of 13
2025 Online Coe,Legal Requirements,Resa Comprehens - Page 11 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMxZIn case he is called upon to act as witness in a court proceeding he should1/1give his testimonies in the most unbiased, honest, truthful and professionalmanner;(•)Public Relation■. jCustomer RelationRelation to Fellow PractitionerGovernment RelationxZHe should not solicit a listing which is currently listed exclusively with1/1another broker unless the listing agreement has expired or revoked by theowner and the owner offers to list the same to the new broker withoutsoliciting the same;Customer RelationPublic Relation(♦)Relation to Fellow PractitionerGovernment Relation
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2025 Online Coe,Legal Requirements,Resa Comprehens - Page 12 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMWhen he accepts a listing from another broker, the agency of the broker1/1who offers the listing should be respected until it has expired.Relation to Fellow PractitionerPublic RelationCustomer RelationGovernment RelationSigns giving notice of a property for sale, rent, lease or exchange shouldnot be placed on any property by more than one broker and only ifauthorized by the owner;1/1Customer RelationRelation to Fellow PractitionerPublic RelationUOGovernment RelationHe should not use information obtained by him from a listing broker1/1through offers to cooperate or received through multiple listing services orother sources authorizedCustomer RelationPublic Relation(•)Relation to Fellow Practitioner< jGovernment Relation
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2025 Online Coe,Legal Requirements,Resa Comprehens - Page 13 preview image3/9/25, 10:28 AMONLINE COE.LEGAL REQUIREMENTS,RESA COMPREHENSIVE EXAMXHe should not criticize publicly a competitor nor volunteer an opinion of a0/1competitor's transaction.Relation to Fellow Practitioner(■)Public RelationXCustomer RelationGovernment RelationCorrect answerk*?Relation to Fellow Practitionerx/The practitioners should seek no unfair advantage over his fellowi/ipractitioners and should willingly share with them the lessons of hisexperience and study;Customer RelationRelation to Fellow PractitionerxZ'■L.Public RelationGovernment Relation
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Subject
Civil Law

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