PRC Real Estate Exam Appraiser Exam Coverage 2024

PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE
PROGRAM OF THE REAL ESTATE APPRAISERS LICENSURE EXAMINATION

ON AUGUST 8, 2024 IN NCR
DATE AND TIME SUBJECTS WEIGHT
THURSDAY, AUGUST 08, 2024
7:00 A.M. – 7:45 A.M GENERAL INSTRUCTIONS AND

FILLING-OUT OF FORMS
8:00 A.M. – 12:00 N.N FUNDAMENTALS OF REAL ESTATE 50%

APPRAISAL
1:00 P.M – 5:00 P.M PROFESSIONAL APPRAISAL PRACTICE 50%

100%
COVERAGE OF EXAMINATION FOR:
Fundamentals of Real Estate Appraisal
1. Fundamentals of real estate principles and practices

2. Standards and ethics
2.1 Philippine Valuation Standard

2.2 International Valuation Standard
2.3 National Code of Ethics (DTI)
3. Theories and principles in appraisal

4. Human and physical geography
5. Real estate finance and economics
6. Land management system and real property laws
6.1 PD 957
6.2 BP 220
6.3 Family Code
6.4 Government Assessment Principles/Taxation (R.A. 7160, Manual on Real Property
Appraisal and Assessment Operations, Guide Book on Mass Appraisal)
6.5 RESA 9646/IRR
6.6 RA 7279
6.7 Agri-Law
6.8 CARPER
6.9 Condominium Act/RA 4726
6.10 REIT Law (RA 9856)
6.11 Other Laws Affecting Real Estate
Professional Appraisal Practice
1. Methodology of appraisal approaches

2. Valuation procedures and research
3. Practical appraisal mathematics (statistics and basic mathematics)
4. Appraisal report writing
5. Appraisal of machinery and equipment
6. Case studies
6.1 Specialized Valuation
7. Government assessment principles/taxation (application/computation)
8. Geographical Information System (GIS) (map reading, plotting)
9. Current events
PRC Building, Paredes St., Sampaloc www.prc.gov.ph Philippine International Convention Center
Manila, 1008 Philippines Sotto St., Pasay City, 1307 Philippines
NOT FOR SALE
Page 2
GENERAL INSTRUCTIONS:
1. Check or verify your school/building assignments at the PRC official website

(www.prc.gov.ph) or through the Notices/Announcements to be posted at the PRC
premises two (2) to three (3) working days before the date of examination. Bring your
NOTICE OF ADMISSION when you verify your school/building assignment. Visit your
school/building assignment prior to the day of the examination.
2. Report to the school/building assignment before (5:30 a.m.) on the first day of
examination to verify your room and seat number. Be punctual. Late examinees will
not be admitted.
3. Examinees are required to wear the following attire every examination day:
Male: White polo or shirt with collar (without any seal, logo or mark)
Decent slacks or pants
Female: White blouse or shirt with collar (without any seal, logo or mark)
Decent skirt or pants
4. Bring the following on examination day:
a. Notice of Admission
b. Official Receipt
c. Two or more pencils (No. 2)
d. Ball pen with BLACK INK ONLY
e. One (1) piece Long Brown Envelope
f. One (1) piece Long Transparent (non-colored) Plastic Envelope (for keeping your
valuables and other allowed items)
g. Calculators with the following features only addition, subtraction, multiplication, division
trigometric, function. logarithm, and xy
h. NON-PROGRAMMABLE CALCULATORS (Please refer to Commission Resolution No. 1809-
2024 or the Updated List of Non-Programmable calculators allowed to be used in the Licensure
Examination).
NOTE: ONLY ONE BASIC CALCULATOR SHALL BE ALLOWED INSIDE THE EXAMINATION
ROOM. CALCULATORS SHALL BE INSPECTED AND HAVE TO BE RESET BEFORE THE
START OF THE EXAMINATION.
5. The following are PROHIBITED inside the examination premises/rooms.
a. Books, notes, review materials, and other printed materials containing coded
data/information/formula.
b. Programmable Calculators with embedded functions especially CASIO
FX991ES and CASIO FX-991ES plus
c. APPLE, SAMSUNG AND OTHER SMART WATCHES, CELLULAR PHONES, EAR
PLUGS, TRANSMITTERS, PORTABLE COMPUTERS, BLUETOOTH AND OTHER
ELECTRONIC GADGETS/DEVICES WHICH MAY BE USED TO STORE OR
RETRIEVE DATA/INFORMATION AND/OR TO COMMUNICATE FOR WHATEVER
PURPOSE
d. Bags of any kind (ladies’ bag, shoulder bags, attaché case, backpacks, etc.)
e. Other examination aids not stated in this program.
All personal belongings of the examinees shall be surrendered to the proctor and shall be
placed in a secured space within the examination room.
The rules on the conduct of bodily search, inspection of personal belongings of the
examinees, and the seizure/confiscation of prohibited items during the licensure exam
(Annex A of PRC Memorandum Order No. 57, s. 2020) shall be strictly observed.
NOT FOR SALE
Page 2
6. Examinees and examination personnel are encouraged to observe the minimum

health standards per DOH Circular No. 0324 (s. 2023)1 throughout the conduct
of the examination
7. Read carefully and follow the instructions on your NOTICE OF ADMISSION and
EXAMINEES GUIDE.
NOTE: PERSONAL BELONGINGS BROUGHT BY AN EXAMINEE SHALL BE FOR HIS/HER

OWN ACCOUNT. THE PRC WILL NOT BE ANSWERABLE FOR ANY SUCH ITEM OR
PERSONAL BELONGING THAT MIGHT BE LOST DURING THE EXAM WITHOUT FAULT OR
NEGLIGENCE ON ITS PART.
Manila, Philippines
June 5, 2024
APPROVED:
OFELIA C. BINAG
Chairperson
Professional Regulatory Board of Real Estate Service
CERTIFIED CORRECT:
ATTY. LOVELIKA T. BAUTISTA

Chief, PRB Secretariat Division
PRBRAE/D-SRB
OCB/LTB/MADC/an

PRC Real Estate Exam Appraiser Exam Coverage 2024

Uploaded by

Copyright:

Available Formats

PRC Real Estate Exam Appraiser Exam Coverage 2024

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

PRC Real Estate Exam Appraiser Exam Coverage 2024

Uploaded by

Copyright:

Available Formats

PROFESSIONAL REGULATORY BOARD OF REAL ESTATE SERVICE

PROGRAM OF THE REAL ESTATE APPRAISERS LICENSURE EXAMINATION

DATE AND TIME SUBJECTS WEIGHT

THURSDAY, AUGUST 08, 2024

7:00 A.M. – 7:45 A.M GENERAL INSTRUCTIONS AND

8:00 A.M. – 12:00 N.N FUNDAMENTALS OF REAL ESTATE 50%

1:00 P.M – 5:00 P.M PROFESSIONAL APPRAISAL PRACTICE 50%

COVERAGE OF EXAMINATION FOR:

Fundamentals of Real Estate Appraisal

1. Fundamentals of real estate principles and practices

2.1 Philippine Valuation Standard

3. Theories and principles in appraisal

Professional Appraisal Practice

1. Methodology of appraisal approaches

1. Check or verify your school/building assignments at the PRC official website

4. Bring the following on examination day:

5. The following are PROHIBITED inside the examination premises/rooms.

6. Examinees and examination personnel are encouraged to observe the minimum

NOTE: PERSONAL BELONGINGS BROUGHT BY AN EXAMINEE SHALL BE FOR HIS/HER

ATTY. LOVELIKA T. BAUTISTA

You might also like