The Professional Regulations Commission (PRC) released the Real Estate Appraisers Lic Exam August 2024 Room Assignments. The licensure examination will be on August 08, 2024.

Things to Prepare and Bring during the Examination Day Real Estate Appraisers Lic

• Notice of Admission
• Official Receipt
• Two (2) or more pencils (No. 2)
• Ball pens with BLACK ink only
• One (1) piece long brown envelope
• One (1 ) piece Long Transparent (non-colored) Plastic Envelope (for keeping your valuables and other allowed items).
• Negative RT-PRC Test Results or copy of vaccination card.

Proper Dress Code on Examination Day – Real Estate Appraisers Lic Exam August 2024

The specific dress code for the male and female examinee is without any logo or plain tuck-in polo t-shirt and a white blouse or shirt with a collar. Both examinees are advised to wear comfortable slack or decent pants.

Things that are Prohibited Inside the Classroom

The specific dress code for the male and female examinee is without any logo or plain tuck-in polo t-shirt and a white blouse or shirt with a collar. Both examinees are advised to wear comfortable slack or decent pants.

• Calculators that have embedded programs, especially CASIO FX991ES and CASIO FX-991ES plus, or any kind of calculators.
• Books, notes, review materials, and other printed materials containing coded data/information/formula (except Rules VII and VIII of the 2004 Revised IRR of P.D. No. 1096/1977 NBCP as qualified below)
• Apple, Samsung, and other smartwatches, cellular phones, wireless earplugs, and other electronic devices that are used for communication.
• Bags of any kind.
• Other examination aides are not stated in the program.

Coverage of the Licensure Exam

The coverage for the Real Estate Appraisers Lic Exam August 2024 is the following:

• Fundamentals of Real Estate Appraisal
• Fundamentals of real estate principles and practices
• Standards and ethics
• Philippine Valuation Standard
• International Valuation Standard
• National Code of Ethics (DTI)
• Theories and principles in appraisal
• Human and physical geography
• Real estate finance and economics
• Land management system and real property laws
• PD 957
• BP 220
• Family Code
• Government Assessment Principles/Taxation (R.A. 7160, Manual on Real Property
• Appraisal and Assessment Operations, Guide Book on Mass Appraisal)
• RESA 9646/IRR
• RA 7279
• Agri-Law
• CARPER
• Condominium Act/RA 4726
• REIT Law (RA 9856)
• Other Laws Affecting Real Estate
• Professional Appraisal Practice
• Methodology of appraisal approaches
• Valuation procedures and research
• Practical appraisal mathematics (statistics and basic mathematics)
• Appraisal report writing
• Appraisal of machinery and equipment
• Case studies
• Specialized Valuation
• Government assessment principles/taxation (application/computation)
• Geographical Information System (GIS) (map reading, plotting)
• Current events

References:

Real Estate Appraisers Lic Exam August 2024 Room Assignments

Real Estate Appraiser	August 8 2024	Manila
Real Estate Appraiser	August 8 2024	Manila – PWD