CREASAT Module 2 Examination

PHILIPPINE ASSOCIATION OF REALTY APPRAISERS, INC.

COMPREHENSIVE REAL ESTATE APPRAISAL SEMINAR AND TRAINING
(CREASAT)
MODULE 2
1. The independent and general right of a person to control a thing particularly in
his possession, enjoyment, disposition and recovery, subject to no restriction except
those imposed by the State or private persons, subject to provision of law.
a. Ownership
b. Right of Redemption
c. Equity of Redemption
d. Right of First Refusal
2. A fee simple interest in a property is an example of
a. Real property
b. Real estate
c. Personal property
d. Emblement
3. The ownership of real estate is called
a. Bundle of Rights
b. Real property
c. Fee simple
d. Freehold
4. Private limitations on real property ownership include all of the ff. except:
a. Easement
b. Encroachments
c. Escheat
d. Deed restrictions
5. Real property is
a. the same as real estate
b. different than unreal property
c. an intangible interest in real estate
d. the bricks and mortar
6. A tenant or lessee may most likely possess which type of interest?
a. Life estate
b. Leased fee estate
c. Lien
d. Leasehold estate
7. Which of the following is NOT a form of an ownership limitation?
a. Lease
c. Mortgage
b. Tenancy
d. Easement

CREASAT Module 2 Examination

8. Which of the following is NOT one of the three tests of when personal property
becomes a fixture and thus part of the real estate?
a. Cost of the item
b. Manner of attachment
c. Intent of the parties
d. Character of the item
9. Which of the following is used in determining when personal property becomes a
fixture?
a. Weight of the item
b. Size of the item
c. Cost of the item
d. Manner of attachment
10. Building codes and zoning represent which of the four powers of government?
a. Police power
b. Eminent domain
c. Escheat
d. Taxation
11. A lease and a mortgage are considered to be
a. Deed of restrictions
b. Powers of government
c. Personal property
d. Private restrictions
12. A leased-fee estate is an interest controlled by the
a. Mortgage
b. Management company
c. Landlord
d. Tenant
13. A leasehold estate is created by a:
a. Mortgage
b. Lease
c. Easement
d. Life estate
14. Which is the most common form of ownership?
a. Severally
b. Joint tenants
c. Tenants by the entireties
d. Tenancy in common
15. A condominium is known as:
a. Tenancy in common
b. Partial ownership

c. Joint tenancy
d. A type of special ownership

CREASAT Module 2 Examination

16. The legal right to remove items such as topsoil or quarry materials from land
belonging to another is known as:
a. Profit
b. Easement
c. Escheat
d. Emblement
17. In regard to zoning which of the following statements is correct?
a. Zoning ordinance are always, more restrictive than deed of restrictions
b. A non-conforming
c. Zoning normally establishes land-use districts and provides for different
restrictions within each district
d. Zoning is an exercise of eminent domain power of the state
18. The right to build on or beneath a property, subject to local zoning, building
codes.
a. Bundle of Rights
b. Development Right
c. Building permit
d. Zoning ordinance
19. Among the listed land classifications, which is devoted principally for profits?
a. Mineral
b. Agricultural
c. Industrial
d. Commercial
20. The taking of real property to create a public park illustrates the right of:
a. Escheat
b. Police power
c. Eminent domain
d. Encroachment
21. Whenever a river, changing its course by natural courses, opens a new bed
through a private estate, this bed becomes public dominion.
a. True
b. False
c. It depends
d. None of the above
22. _________ is the right of the property owner to everything which is produced
thereby or which is incorporated or attached thereto, either naturally or artificially.
a. Accession
b. Adhesion
c. Attachment
d. Occupation

23. What land if the public domain is alieanable and disposable?

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CREASAT Module 2 Examination

a. Forest and timber lands

b. National parks
c. Forfeited/escheatable lands
d. Abandoned private lands
e. Agricultural land
24. Traditional ownership is evidenced by:
a. Master deed
b. OCT
c. Tax Declaration
d. TCT
25. A document issued by the DENR certifying that the proposed project will NOT
cause significant environmental impact.
a. Environment ecological approval
b. Environment impact statement
c. Environment positive certificate
d. Environment compliance certificate
26. The zonal value of a property can be obtained from:
a. Bureau of Internal Revenue
b. Registry of Deeds
c. Office of the Sheriff
d. Assessors Office
27. Right-of-way is a kind of:
a. Easement and servitude
b. Setback
c. Servient estate
d. Dominant estate
28. An annotation on the Certificate of Title that refers to the right granted to a
property to have access to a public road to an adjoining land covered by the title:
a. Mortgage
b. Notice of LisPendens
c. Writ of Preliminary Attachment
d. Easement or Right-of-way
29. An annotation on the Certificate of Title that refers to the limitation on the use of
the lot, such as allowable utilization, building-lot ration, prohibition against further
subdivision of he lot, kind of building and maximum height:
a. Lease(s)
b. Mortgage
c. Notice of LisPendens
d. Deed of Restrictions
30. The administrative reconstitution under Republic Act No. 6732 of lost or
destroyed certificates in the Registry of Deeds may be availed when the number of
certificates lost or destroyed is at least ____of all times in the Registry.
a. 40%
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CREASAT Module 2 Examination

b. 25%
c. 10%
d. 50%
31. An owner whose land abuts a river
a. Patrimonial owner
b. Land Sub-surface owner
c. Riparian owner
d. Accession owner
32. Machinery shall embrace machines, mechanical contrivances and apparatus
attached to ______.
a. Land
b. Building
c. Real Property
d. Real estate
33. If a person utilizes another persons property openly for extended period of
time, that property may be transferred as to ownership. This method of acquiring
real property is known as:
a. Reclamation
b. Accretion
c. Adverse possession
d. foreclosure
34. Generally, only Filipino citizens and corporation with at least 60% capital of
which is owned by Filipinos are entitled to acquire and own land in the Philippines.
However, aliens can acquire real estate in the Phils. in following cases, except:
a. Acquisition before the 1935 Constitution
b. Acquisition thru hereditary succession if the acquiree is a legal heir
c. Purchase of not more than 40% interest in a condominium project
d. Purchase of residential house and lot
35. Zoning is an exercise of a government of its______
a. Police power
b. Power of eminent domain
c. Right of condemnation
d. Right of priority
36. The term improvements to real estate refers to:
a. Building only
b. Buildings, fences, walkways, etc
c. Trees and buildings
d. All of the above

37. All the following statements are true except:

a. Real property refers to items that are not permanently fixed to a part of the
real estate
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CREASAT Module 2 Examination

b. Appraising is the art and science of estimating the value of an asset

c. Assets typically requiring appraisal include real and personal property
d. Asset values change with time.
38. Removal of land from one owner to another when a stream suddenly changes its
course is:
a. Accretion
b. Alluvium
c. Avulsion
d. Alienation
39. The extension of some improvements or objects, such as building or driveway,
across the legal boundary of an adjoining tract of land is referred to as:
a. Easement
b. Nuisance
c. Encroachment
d. Dominant tenement
40. Eminent domain gives the government the right to:
a. Acquire interest in private property without the consent of the owner
b. Regulate properly to protect public safety and health
c. Acquire interest in private property when an owner dies without a will or
known heirs
d. Create zoning ordinance
41. Property excheated to the government is considered as:
a. Public Dominion
b. Patrimonial property
c. Regalian Property
d. Land of Public Dominion
42. The maximum period that a foreigner (individual) may lease real estate is:
a. 25 years
b. 50 years
c. 75 years
d. 99 years
43. The bundle of rights which is inherent in ownership without any limitations other
than those imposed by law or contract is:
a. Fee estate
b. Leased fee estate
c. Fee simple
d. Tenancy in common
44. When the owners duplicate certificate of title is lost, the registered owner shall
file a petition in court for:
a. Judicial reconstitution
b. Administrative reconstitution
c. Quieting of title
d. Issuance of new duplicate certificate of title
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CREASAT Module 2 Examination

45. The conveyance of real estate in payment of an obligation is:

a. Pacto de Retro Sale
b. Quitclaim deed
c. Dacion en page
d. Deed of Waiver
46. It is an encumbrance imposed upon an immovable for the benefit of another
immovable belonging to another
a. Right-of-way
b. Nuisance per se
c. Private nuisance
d. Easement
47. A computer system that can capture, store, query, analyze and display
geographic data
a. GPS
b. GIS
c. MIS
d. SOS
48. A system that accurately determines the precise position of something on Earth
a. GPS
b. GIS
c. MIS
d. SSS
49. The numbering system for parallels
a. Longitude
b. Latitude
c. Equator
d. Meridian
50. The numbering system for meridians (axis between North and South poles)
a. Longitude
b. Latitude
c. Equator
d. Meridian
51. The scientific method of transferring locations on Earths surface to a flat map
a. Location projection
c. Map projection
b. Transfer projection
d. Earth projection

52. The science of map making

a. Geography
b. Cartography
c. Map system
d. Topography
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CREASAT Module 2 Examination

53. 0 degree latitude is

a. Longitude
b. Latitude
c. Equator
54. The master reference time for all points on Earth
a. ET (Eastern time)
b. GMT (Greenwich Mean Time)
c. DST (Daily Saving Time)
d. UTC (Coordinated Universal Time)
55. A two-dimension or flat scale model of something
a. Map
b. Scale
c. Picture
d. Cartograph
56. An arc drawn between North and South poles
a. Longitude
b. Latitude
c. Equator
d. Meridian
57. A circle drawn around the globe parallel to the equator
a. Meridian
b. Equator
c. Parallel
d. Latitude
58. The study where and why natural foces occur as they do
a. Geography
b. Political Geography
c. Physical Geography
d. Topography
59. A specific point on Earth distinguished by a particular characteristics
a. Location
b. Place
c. Coordinates
d. Street
60. 0 degree longitude - passes through Greenwich, England
a. Meridian
b. Prime Meridian
c. Greenwich Mean Time
d. Longitude
61. Which of the ff. are true?
a. Digitalizing is defined as converting aerial photographs into maps
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CREASAT Module 2 Examination

b. Digitalizing involves tracing map features into a computer

c. A keyboard cannot be used to digitize maps only to enter attribute
information
d. Digitizing from a tablet involves using a template
62. Known as the Father of GIS
a. Aldus Snow
b. John Snow
c. Dr. Roger Tomlinson
d. Erasthostenes
63. In the world of GIS, and her term for the property of connectivity is:
a. Proximity
b. Neighborhood
c. Topology
d. Location
64. The acquisition of data from a satellite orbiting Earth or from another long
distance method:
a. Data acquisition
b. Remote sensing
c. Radiometer
d. Photometer
65. The relationship between the portion of Earth being studies and Earth as a
whole
a. Map
b. Scale
c. Geography
d. Geology
66. The physical character of a place
a. Location
b. Site
c. Situation
d. Space
67. The location of a place relative to other places
a. Location
b. Site
c. Situation
d. Space
68. The physical gap or intervals between two objects
a. Location
b. Site
c. Situation
d. Space
69. The name given to a place on Earth
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CREASAT Module 2 Examination

a. Location
b. Site
c. Acronym
d. Toponym
70. The process of interpolating spatial locations (X,Y coordinates) from street
addresses or any other spatially referenced data such as ZIP Codes, parcel lots and
address locations
a. Interpolating
b. Geocoding
c. Decoding
d. Coding
71. The process of returning an estimated street address number as it relates to a
given
Coordinate
a. Geocoding
b. Reverse geocoding
c. Interpolating
d. Decoding
72. The system used to transfer locations on the earths surface to locations on the
map is______.
a. Plotting
b. Mapping
c. Projection
d. Survey
73. The process by which a surface is created usually a raster dataset, through the
input of data collected of a number o sample points.
a. Population
b. Interpolation
c. Raster
d. Data collection
74. It is a point pattern analysis that produces field predictions from data points. It is
a way of looking at the statistical properties of those special data.
a. Data point analysis
b. Geostatistics
c. Statistical Analysis
d. Field Analysis
75. Considerable information and data for GIS is available on the internet, which of
the following formats must NOT be transmitted in binary format?
a. .dxf
b. .zip files
c. .gif files
d. html files

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CREASAT Module 2 Examination

76. Referred to as spatial science meaning a discipline concerned with the use of
earth space:
a. Geometry
b. Geography
c. Landscape
d. Mathematics
77. This subject deals with the world as it is and with the world as it might be made
to be. Its emphasis is on people.
a. Physical geography
b. Human geography
c. Landscape geography
d. Regional demography
78. Which is an accurate statement about Japans natural resources?
a. Japan has extensively used the seas for fishing
b. Large reserves of petroleum are located in the northern part of Japan
c. Japan has large fertile plains suitable for growing grain
d. Large coal and iron-ore deposits are located in the mountain region
79. In Japan, a major economic problem has been the lack of:
a. Natural resources
b. Investment capital
c. Skilled labor
d. Experienced management
80. The Japanese archipelago has very limited natural resources, which is the
primary barrier to economic development there.
Which statement best describes an effect that geography has had on Japan?
a. Japans smooth coastline has prevented the development of a fishing
industry
b. Japans large plains have made wheat growing a primary industry
c. Lack of important natural resources has led Japan to depend on trade with
other nations
d. The location of Japan has encouraged great ethnic diversity within the
nation
81. Both Japan and Indonesia are made up of a chain of islands called
a. An archipelago
b. A peninsula
c. A delta
d. An atoll
82. Which of these nations is located closed to the Philippines, Malaysia, and
Indonesia?
a. Korea
b. Vietnam
c. Somalia
d. Pakistan
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CREASAT Module 2 Examination

83. On a map of the world, Asia is to Japan as Europe is to

a. Great Britain
b. Netherlands
c. Austria
d. Italy
84. Geographic diversity in the Middle East has contributed to
a. Unequal standards of living
b. A common economic system
c. Similar political systems
d. Military alliances with Japan
85. One factor that accounted for Chinese influence on traditional Japanese culture
was the:
a. Continuous warfare between the countries
b. Geographic location of the countries
c. Refusal of western nations to trade with Japan
d. Annexation of Japan into the Chinese Empire
86. Which geographic factor was most important to the development of the early
river valley civilizations?
a. Fertile soils
b. High mountains
c. Vast deserts
d. Smooth coastlines

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