PRSA Final Reviewer Exam 400 Questions with Verified
Answers
Real property includes the following types of property:
a. Land
b. Buildings
c. Franchises and patents
d. All of the above - CORRECT ANSWER d. All of the above
The right to possess, use, enjoy the fruits, dispose, recover, and exclude others
from property is generally called -
a. Civil rights
b. Bundle of rights
c. Constitutional rights
d. None of the above - CORRECT ANSWER b. Bundle of rights
Under the Civil Code, rental income from a building is considered a -
a. Civil fruit
b. Industrial fruit
c. Natural fruit of property
d. Commercial revenue - CORRECT ANSWER a. Civil fruit
An absolute, unrestricted estate in perpetuity to property is called -
a. Estate for years
b. Freehold
c. Tenancy
d. None of the above - CORRECT ANSWER b. Freehold
The following is considered intangible property -
a. Ownership of the air rights above land
,b. Ownership of the building on the land
c. Ownership of a franchise contract
d. Ownership of the fruits of the trees on the land - CORRECT ANSWER c.
Ownership of a franchise contract
The finder of hidden treasure in a property not belonging to him is entitled to -
a. 0% of the treasure if he is not a trespasser
b. All of the treasure
c. 25% of the treasure if he is a trespasser
d. None of the treasure - CORRECT ANSWER a. 0% of the treasure if he is not a
trespasser
When a river opens a new bed by its natural flow in private land, the new bed
shall -
a. Be acquired by the government from the private land owner;
b. Become a public dominion
c. Be exchanged for other public lands
d. None of the above. - CORRECT ANSWER c. Be exchanged for other public lands
The State's power to take away private property for public use upon just
compensation -
a. Taxation
b. Escheat
c. Eminent domain
d. Zoning - CORRECT ANSWER c. Eminent domain
The State's power to own a property left by a person who died without an heir or
a will is -
a. Escheat
b. Eminent domain
c. State inheritance
d. Confiscation - CORRECT ANSWER a. Escheat
,Voluntary restrictions on property ownership includes the following, except -
a. Lease contracts
b. Easements
c. Taxes
d. Usufruct - CORRECT ANSWER c. Taxes
Quieting of Title means -
a. To ban the Owner from obtaining a copy of the property's title
b. To bring to court an action involving a question of ownership or rights to a
property
c. To cancel the title of the property
d. To apply for a new title to replace that which was lost - CORRECT ANSWER b. To
bring to court an action involving a question of ownership or rights to a property
The Philippine's titling system is based on the Torren's system developed by a
person from -
a. Spanish colonial government
b. Australia
c. American government
d. Commonwealth government - CORRECT ANSWER b. Australia
The title or property ownership granted by the DENR is known as the -
a. Free patents
b. Confirmation of Title
c. Certificate of Land Ownership
d. Transfer Certificate of Title - CORRECT ANSWER a. Free patents
A form of property ownership document issued by the Department of Agrarian
Reform -
, a. Homestead patent
b. Transfer Certificate of Title
c. Certificate of Land Ownership
d. Warranty Deed - CORRECT ANSWER c. Certificate of Land Ownership
The following modes of acquiring title are considered involuntary, except -
a. Expropriation
b. Foreclosure
c. Execution by Sheriff to satisfy judgment
d. Inheritance through a will of the decedent - CORRECT ANSWER d. Inheritance
through a will of the decedent
A person who was born before __________ of Filipino mother, foreign father, can
become a citizen of the Philippines at the age of majority -
a. January 17, 1973
b. August 3, 1988
c. August 17, 1947
d. June 12, 1946 - CORRECT ANSWER a. January 17, 1973
Land that is classified as "public domain" includes the following land not privately
owned, except -
a. Agricultural land
b. Forest
c. Mineral land
d. Farms owned by Filipino citizens - CORRECT ANSWER d. Farms owned by
Filipino citizens
The following lands of the public domain may acquired by private citizens
a. Forest lands
b. Mineral lands
c. Old national parks
d. Agricultural lands - CORRECT ANSWER d. Agricultural lands
Answers
Real property includes the following types of property:
a. Land
b. Buildings
c. Franchises and patents
d. All of the above - CORRECT ANSWER d. All of the above
The right to possess, use, enjoy the fruits, dispose, recover, and exclude others
from property is generally called -
a. Civil rights
b. Bundle of rights
c. Constitutional rights
d. None of the above - CORRECT ANSWER b. Bundle of rights
Under the Civil Code, rental income from a building is considered a -
a. Civil fruit
b. Industrial fruit
c. Natural fruit of property
d. Commercial revenue - CORRECT ANSWER a. Civil fruit
An absolute, unrestricted estate in perpetuity to property is called -
a. Estate for years
b. Freehold
c. Tenancy
d. None of the above - CORRECT ANSWER b. Freehold
The following is considered intangible property -
a. Ownership of the air rights above land
,b. Ownership of the building on the land
c. Ownership of a franchise contract
d. Ownership of the fruits of the trees on the land - CORRECT ANSWER c.
Ownership of a franchise contract
The finder of hidden treasure in a property not belonging to him is entitled to -
a. 0% of the treasure if he is not a trespasser
b. All of the treasure
c. 25% of the treasure if he is a trespasser
d. None of the treasure - CORRECT ANSWER a. 0% of the treasure if he is not a
trespasser
When a river opens a new bed by its natural flow in private land, the new bed
shall -
a. Be acquired by the government from the private land owner;
b. Become a public dominion
c. Be exchanged for other public lands
d. None of the above. - CORRECT ANSWER c. Be exchanged for other public lands
The State's power to take away private property for public use upon just
compensation -
a. Taxation
b. Escheat
c. Eminent domain
d. Zoning - CORRECT ANSWER c. Eminent domain
The State's power to own a property left by a person who died without an heir or
a will is -
a. Escheat
b. Eminent domain
c. State inheritance
d. Confiscation - CORRECT ANSWER a. Escheat
,Voluntary restrictions on property ownership includes the following, except -
a. Lease contracts
b. Easements
c. Taxes
d. Usufruct - CORRECT ANSWER c. Taxes
Quieting of Title means -
a. To ban the Owner from obtaining a copy of the property's title
b. To bring to court an action involving a question of ownership or rights to a
property
c. To cancel the title of the property
d. To apply for a new title to replace that which was lost - CORRECT ANSWER b. To
bring to court an action involving a question of ownership or rights to a property
The Philippine's titling system is based on the Torren's system developed by a
person from -
a. Spanish colonial government
b. Australia
c. American government
d. Commonwealth government - CORRECT ANSWER b. Australia
The title or property ownership granted by the DENR is known as the -
a. Free patents
b. Confirmation of Title
c. Certificate of Land Ownership
d. Transfer Certificate of Title - CORRECT ANSWER a. Free patents
A form of property ownership document issued by the Department of Agrarian
Reform -
, a. Homestead patent
b. Transfer Certificate of Title
c. Certificate of Land Ownership
d. Warranty Deed - CORRECT ANSWER c. Certificate of Land Ownership
The following modes of acquiring title are considered involuntary, except -
a. Expropriation
b. Foreclosure
c. Execution by Sheriff to satisfy judgment
d. Inheritance through a will of the decedent - CORRECT ANSWER d. Inheritance
through a will of the decedent
A person who was born before __________ of Filipino mother, foreign father, can
become a citizen of the Philippines at the age of majority -
a. January 17, 1973
b. August 3, 1988
c. August 17, 1947
d. June 12, 1946 - CORRECT ANSWER a. January 17, 1973
Land that is classified as "public domain" includes the following land not privately
owned, except -
a. Agricultural land
b. Forest
c. Mineral land
d. Farms owned by Filipino citizens - CORRECT ANSWER d. Farms owned by
Filipino citizens
The following lands of the public domain may acquired by private citizens
a. Forest lands
b. Mineral lands
c. Old national parks
d. Agricultural lands - CORRECT ANSWER d. Agricultural lands
