[ ADMU alum tops July 2013 Real Estate Appraiser board exam ]
PRC announced on Wednesday, July 24 that 610 out of 1,282 passed the Real Estate Appraiser Licensure Examination.
Real Estate Appraiser Licensure Examination was conducted by the Board of Real Estate Service in Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo and Lucena.
The members of the Board of Real Estate Service who gave the licensure examination are Dr. Eduardo G. Ong, Chairman; Ramon C. F. Cuervo III, Florentino C. Diño II and Rafael M. Fajardo, Members.
Registration for the issuance of Professional Identification Card (ID) and Certificate of Registration will start on August 14 to 16, 2013 at the Registration Division Unit C, Ground Floor PRC Main Building. Those who will register are required to bring the following: duly accomplished Oath Form or Panunumpa ng Propesyonal, current Community Tax Certificate (cedula), 1 piece passport size picture (colored with white background and complete nametag), 2 sets of metered documentary stamps and 1 short brown envelope with name and profession and to pay the Initial Registration Fee of P600 and Annual Registration Fee of P450 for 2013-2016.
All registrants are likewise required to submit an original copy of Surety Bond for three ( 3 ) years (with certificate of good standing from the Insurance Commission), minimum amount of which is P 20,000.00, with the Professional Regulation Commission (PRC) as Obligee. For government employees, no Surety Bond is required, but instead, submission of a notarized original Certificate of Employment from their respective offices is required.
Successful examinees should personally register and sign in the Roster of Registered Professionals.
The date and venue for the oathtaking ceremony of the new successful examinees in the said examination WILL BE ANNOUNCED LATER, PRC said.
Examination covers the following subjects: Fundamentals of Real Estate Appraisal (50%) and Professional Appraisal Practice (50%).
In July 2012 real estate licensure exam, PRC announced results after 3 working days. 587 out of 1,117 new registered real estate appraisers were named.
University of the Philippines-Diliman (UPD) graduate Mark Juan Abelon topped July 2012 board with 86.50% rating.
Based from Republic Act 9646, an act regulating the practice of real estate service in the Philippines, 'Appraiser' also known as valuer is the one who possesses the necessary qualifications, license, ability and experience to execute or direct the valuation of real property.
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