New Real Estate Brokers, Appraisers, and Consultants will have to undergo a Board Exam for licensing. What is the coverage of the exam?
SEC. 13. Scope of Examination An examination shall be given to the licensure applicants for real estate brokers, real estate appraisers and real estate consultants which shall include, but not limited to, the following: (A) For Real Estate Consultants – fundamentals of real estate consulting, standards and ethics; consulting tools and techniques, which include project feasibility study and investment measurement tools; real estate finance and economics; real estate consulting and investment analysis; consulting for specific engagement, which include consulting for commercial, industrial, recreation, and resort and hotel properties, and consulting for government and corporate and financial institutions; land management system and real property laws, and any other related subjects as may be determined by the Board. (B) For Real Estate Appraisers – fundamentals of real estate principles and practices; standards and ethics; theories and principles in appraisal; human and physical geography
