BANKING QUIZ 3/31/2025

real estate

• an asset made up of land and the buildings on it, as well as the natural resources associated

• deemed as tangible

• gratification is instant and easily consummated

• the most expensive endeavor

• considered as the summit of of the people’s mind

asset

should have written proof of ownership

transfer of certificate title

• and supervised by the land registration authority

• indicates the owner/s name, specific technical aspects, measure of real estate property

land registration authority

• cities have different lra’s

• puts tax on land, building, and resources of property

real estate cartegories

• residential

• commercial

• industrial

residential

• it is meant to be lived in, weather or not the owner leaves it or lets others use it temporarily.

• it is a place of habit, dwelling, or a place to sleep

commercial

• a place of business, place, kung san kumikita ng pera

• ex. warehouse, restaurant, and office

industrial

• a place in a specific zoning area

• ex. factories, mines, farms

• not to be established as a touchpoint opportunity for retail customers, should be a part of an overall supply chain

universal rule of thumb

• the more mixed the real estate category is, the lower the property value is

• the more pure, the higher the value it is

rights

• it is considered written proof of ownership but is a temporary arrangement with certain limitations

• it grants rights to provide security, ensuring that the individual cannot be easily displaced, while the finalization process is underway

• these rights cannot be transferred to another person, which could lead to legal issues

core marketing thrust

• location

• area

• facility

location

not just distance but also elevation, which affects kung binabaha, malamig, mainit, and such

area

• space

• nakatira sa isang 4 bedroom house with 4 cr and swimming

facility

• benefits and ameneties

• nakatira sa gated subdivision, clubhouse, with minimart

• how many bedrooms_{,cr, ameneties}

compatible architecture

• leverages the idea that when a place features a uniform or cohesive design language, it becomes more visually appealing, ultimately increasing its value

• mandates a standard that supports agreed-upon structural themes by a recognized body

recognized body (compatible architecture)

labor of association or business association

elements of compatible structure

• walkability (conectivity)

• right of way principle

• central tendency

• elevation

walkability

• accesibility of real estate pedestrian oriented traffic

• 1.5 meters sidewalk or more

• measurement

• reflects the marketi value of the real estate

right of way principle

• it has a legal basis stating that real estate property must have an opening or access to a public road

• a private property cannot be landlocked without a right of way

central tendency

• the term originated from beijing

• a universal development concept

• mimicking the local point of authority

• if you are in the center, the more expensive

elevation

• the inclination or declination from an established point of reference

• primary determines whether or not bumabaha

sea level

• point of reference

• primary reference that dictates flooding potential

erosion

• land degredation due to uneven elevation, and water source

• mountain properties (baguio, tagaytay, antipolo) big 3

• sm marikina (built on steel ono a riverbank)

erosion land area

• subject to higher maintenance expenses there it affects market value