100+ Free PRC Real Estate Broker Exam Practice Questions

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Key Facts: PRC Real Estate Broker Exam Exam

₱900

Licensure examination fee payable to the Professional Regulation Commission

PRC Application Guidelines

75% Average

Required passing rating, with no individual subject grade below 50%

RA 9646 / PRBRES Rules

120 Questions

Number of multiple-choice questions administered per exam subject area

PRC Exam Table of Specifications

4 Hours

Time limit allowed per session for the licensure examination

PRC Exam Guidelines

45 CPD Units

Standard credit requirement for license renewal every three years

PRBRES / PRC CPD Division

₱3,600,000

VAT exemption threshold for residential dwellings under RR 1-2024

Bureau of Internal Revenue

6% CGT

Capital Gains Tax rate on capital assets based on highest value

National Internal Revenue Code

30 Days

Statutory validity period of a registered Adverse Claim under PD 1529

Property Registration Decree

The PRC Real Estate Broker Licensure Examination is the required licensing test in the Philippines, administered by the PRC and PRBRES. It requires a BSREM degree, has a ₱900 application fee, and features multiple-choice exams covering General Fundamentals, Technical Knowledge, and Professional Practice. It requires a 75% average passing score. This 100-question practice test offers comprehensive preparation across all official topics, including RA 9646 (RESA), property taxation, Maceda Law, PD 957, and title registration under PD 1529, complete with detailed explanations.

Sample PRC Real Estate Broker Exam Practice Questions

Try these sample questions to test your PRC Real Estate Broker Exam exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1Under Republic Act No. 9646 (RESA), which body is directly responsible for the regulation of the real estate service practice in the Philippines?

A.Department of Human Settlements and Urban Development (DHSUD)

B.Professional Regulatory Board of Real Estate Service (PRBRES) under the Professional Regulation Commission

C.Securities and Exchange Commission (SEC)

D.Bureau of Internal Revenue (BIR)

Explanation: Section 4 of RA 9646 creates the Professional Regulatory Board of Real Estate Service (PRBRES) under the supervision and administrative control of the Professional Regulation Commission (PRC) to regulate and supervise the real estate service practice.

2What is the composition of the Professional Regulatory Board of Real Estate Service (PRBRES) under RA 9646?

A.One Chairperson and two members

B.One Chairperson and three members

C.One Chairperson and four members

D.One Chairperson and five members

Explanation: Section 4 of RA 9646 provides that the Board (PRBRES) shall be composed of a Chairperson and four (4) members who are appointed by the President of the Philippines from a list of recommendees for each position chosen by the PRC.

3To qualify to take the Real Estate Broker Licensure Examination, what is the minimum educational requirement specified by Section 14 of RA 9646?

A.Any four-year Bachelor's Degree with at least 120 hours of real estate seminars

B.A Bachelor of Science in Real Estate Management (BSREM) degree

C.A two-year Associate Degree in Real Estate or related commerce course

D.A high school diploma with at least five years of active sales experience under a broker

Explanation: Under Section 14 of RA 9646, examinees must be holders of a Bachelor's degree in Real Estate Management (BSREM) from a state university or college, or a private school recognized by CHED.

4Under Section 26 of RA 9646, a real estate broker must post a professional indemnity insurance / cash or surety bond in an amount set by the Board, but in no case less than what minimum amount, and how often is it renewed?

A.Not less than ₱20,000, renewable every three (3) years

B.Not less than ₱5,000, renewable annually

C.Not less than ₱50,000, renewable every five (5) years

D.Not less than ₱100,000, renewable annually

Explanation: Section 26 of RA 9646 requires real estate brokers (and private appraisers) to post a professional indemnity insurance/cash or surety bond in an amount determined by the Board which in no case shall be less than ₱20,000, renewable every three (3) years, to answer for civil liabilities to clients.

5Under Section 39 of RA 9646, what is the penalty for any unlicensed person who engages in the practice of real estate service in the Philippines?

A.A fine of not less than ₱50,000 or imprisonment of not less than 1 year, or both

B.A fine of not less than ₱100,000 or imprisonment of not less than 2 years, or both

C.A fine of not less than ₱200,000 or imprisonment of not less than 4 years, or both

D.A fine of not less than ₱500,000 or imprisonment of not less than 5 years, or both

Explanation: Section 39 (Penal Provisions) of RA 9646 states that if the violation is committed by an unlicensed person, they shall be subject to a fine of not less than ₱200,000 or imprisonment of not less than four (4) years, or both, which is double the penalty for licensed practitioners.

6A licensed real estate broker violates the RESA Law by employing unlicensed and unaccredited salespersons. According to Section 39, what penal liability does this broker face?

A.A fine of not less than ₱10,000 and suspension of business permit

B.A fine of not less than ₱100,000 or imprisonment of not less than 2 years, or both

C.A fine of not less than ₱200,000 or imprisonment of not less than 4 years, or both

D.A fine of not less than ₱500,000 and permanent revocation of all rights

Explanation: Section 39 provides that any violation of the Act by a licensed practitioner is subject to a fine of not less than ₱100,000 or imprisonment of not less than two (2) years, or both, at the discretion of the court.

7Under RA 9646, who is exempt from the licensing and registration requirements of the Act when selling real property?

A.An individual property owner selling their own personal residential house and lot

B.A real estate developer selling lots in a subdivision project they built

C.A marketing coordinator selling condominium units for an developer

D.A property finder who operates a regular agency but lacks a license

Explanation: Section 28 of RA 9646 provides that the provisions of the Act do not apply to any person who shall directly perform real estate service in relation to their own property, except when the property is owned by a developer or is subject to subdivision/condominium laws.

8Under Section 31 of the RESA Law, what is the maximum number of accredited real estate salespersons that a single licensed real estate broker can supervise?

A.10 salespersons

B.15 salespersons

C.20 salespersons

D.30 salespersons

Explanation: RA 9646 (Section 32 and its IRR) requires at least one (1) licensed real estate broker for every twenty (20) accredited real estate salespersons, so a single broker may supervise a maximum of twenty (20) accredited salespersons at any one time.

9If a real estate transaction is closed by an accredited salesperson, who is legally permitted to sign the contract or brokerage agreement under Section 31 of RESA?

A.The salesperson alone, provided they write their accreditation number

B.The salesperson and the buyer, without the broker's participation

C.The supervising licensed real estate broker, who must be a signatory to the agreement

D.Any licensed broker registered in the same barangay where the transaction occurred

Explanation: Section 31 of RA 9646 provides that real estate salespersons cannot, by themselves, be signatories to a written agreement involving a real estate transaction unless the supervising real estate broker is also a signatory.

10According to the RESA Law, from whom can an accredited real estate salesperson legally receive compensation, commission, or fee for their services?

A.Directly from the seller of the property

B.Directly from the buyer of the property

C.Only from the supervising licensed real estate broker who has direct accountability over them

D.From any licensed broker who is willing to pay them for the lead

Explanation: Section 31 of RA 9646 explicitly states that no salesperson shall perform real estate service or receive a fee, commission, or other compensation of any kind from any person other than the supervising licensed real estate broker.

About the PRC Real Estate Broker Exam Exam

The PRC Real Estate Broker Licensure Examination is the official licensing test for prospective real estate brokers in the Philippines. Administered by the Professional Regulation Commission (PRC), the exam requires a BS in Real Estate Management (BSREM) as a prerequisite. It covers a broad range of subjects grouped into General and Fundamentals (25%), Special and Technical Knowledge (25%), and Professional Practice (50%). Specific areas of focus include the Real Estate Service Act (RESA Law or RA 9646), the Code of Ethics, property valuation principles, the Condominium Act (RA 4726), PD 957 on subdivision/condominium buyer protections, the Maceda Law (RA 6552) for installment sales, the Property Registration Decree (PD 1529) governing Torrens titles, and national/local taxation. Tax topics include Capital Gains Tax (6%), Documentary Stamp Tax (1.5%), Transfer Tax, Real Property Tax, Estate and Donor's Taxes, and the latest Value-Added Tax (VAT) exemption thresholds. Passing the exam grants eligibility to register with the PRC and practice brokerage legally nationwide.

Assessment

Multiple-choice examination consisting of 120 questions per subject area, testing general fundamentals, special and technical property knowledge, and professional practice.

Time Limit

4 hours (240 minutes) per session.

Passing Score

A passing average of at least 75%, with no grade below 50% in any subject area.

Exam Fee

₱900 application fee payable directly to the Professional Regulation Commission (PRC). (Professional Regulatory Board of Real Estate Service (PRBRES) under the Professional Regulation Commission (PRC).)

PRC Real Estate Broker Exam Exam Content Outline

25%

General and Fundamentals

Fundamentals of property ownership, Code of Ethics, and regulatory requirements under the Real Estate Service Act (RESA / RA 9646) and its Implementing Rules and Regulations.

25%

Special and Technical Knowledge

Subdivision and condominium development regulations (PD 957), Condominium concepts and corporate structures (RA 4726), legal aspects of sale, mortgage, lease, and land registration under PD 1529.

50%

Professional Practice and Taxation

Real estate brokerage practice, finance, zoning, land use, and taxation (6% Capital Gains Tax, 1.5% Documentary Stamp Tax, Transfer Tax, Real Property Tax, 6% Estate and Donor's Taxes, 12% Value-Added Tax, and Maceda Law RA 6552).

How to Pass the PRC Real Estate Broker Exam Exam

What You Need to Know

Passing score: A passing average of at least 75%, with no grade below 50% in any subject area.
Assessment: Multiple-choice examination consisting of 120 questions per subject area, testing general fundamentals, special and technical property knowledge, and professional practice.
Time limit: 4 hours (240 minutes) per session.
Exam fee: ₱900 application fee payable directly to the Professional Regulation Commission (PRC).

Keys to Passing

Complete 500+ practice questions
Score 80%+ consistently before scheduling
Focus on highest-weighted sections
Use our AI tutor for tough concepts

PRC Real Estate Broker Exam Study Tips from Top Performers

1Master the RESA Law (RA 9646) cold, especially the composition of PRBRES, licensing exemptions, CPD renewal requirements (45 units), and the penal provisions for unlicensed practice.

2Understand the key difference between Maceda Law (RA 6552) and PD 957: Maceda Law governs refunds (up to 90% CSV) when the buyer defaults, while PD 957 governs 100% refunds when the developer fails to develop the project.

3Memorize the tax rates and bases: 6% Capital Gains Tax on capital assets, 1.5% Documentary Stamp Tax, 0.5%-0.75% Transfer Tax, and the ₱3,600,000 VAT exemption threshold for residential dwellings adjusted under RR 1-2024.

4Understand the Condominium Act (RA 4726) rules, particularly the 40% limit on foreign ownership, the definition of unit boundaries, and the specific triggers for the partition of common areas.

5Study PD 1529 land registration, specifically the Torrens System principles (Mirror and Curtain principles) and how to handle encumbrances like Adverse Claims (valid for 30 days) and Lis Pendens.

Frequently Asked Questions

What is the PRC Real Estate Broker Licensure Examination?

It is the professional licensing exam administered by the Professional Regulation Commission (PRC) in the Philippines. Passing it is required to legally practice as a real estate broker.

What are the eligibility requirements for the exam?

Applicants must be Filipino citizens of good moral character, hold a Bachelor of Science in Real Estate Management (BSREM) degree from a recognized institution, and must not have been convicted of any crime involving moral turpitude.

What is the format and duration of the exam?

The exam is a multiple-choice test consisting of 120 questions per subject area, taken in 4 hours per session.

What is the passing score?

Candidates must achieve a weighted average rating of at least 75% in all subjects, with no grade below 50% in any individual subject area.

What is the cost of the application?

The application fee for the licensure examination is ₱900, payable directly to the PRC.

Does this practice test use real past exam questions?

No. These are original practice questions created by OpenExamPrep, designed to match the current Table of Specifications, relevant laws, and tax rules of the official licensure exam for review purposes.