Real Estate Fundamentals
The essential foundation for new Philippine real estate professionals. Learn property types, the transaction process, key documents, professional roles, client relationships, and ethical standards. everything you need before your first deal.
6 lessons · 43 min total reading · Free
What You'll Learn
- Identify property types and understand how classification affects transactions and taxes
- Describe the complete transaction process from listing to title transfer
- Recognize the key documents required at each stage of a real estate transaction
- Distinguish between the roles and legal boundaries of brokers, salespersons, and appraisers
- Understand fiduciary duties, listing types, and proper handling of client funds
- Apply ethical standards and identify prohibited practices under the Code of Ethics
Lessons
- 17 min
Property Classifications PH: Capital vs Ordinary Asset
Residential, commercial, industrial, and agricultural property types. Capital asset vs ordinary asset for tax treatment, with BIR rules and developer cases.
- 28 min
The Real Estate Transaction Process
Understand the complete real estate transaction lifecycle. from listing to closing to title transfer. Learn each step, the documents required, and the typical timeline.
- 37 min
Key Documents in Real Estate Transactions
Learn about the essential documents in Philippine real estate. titles, tax declarations, contracts, deeds, and clearances. Know what each document means and when it is required.
- 47 min
Professional Roles: Broker, Salesperson, and Appraiser
Understand the different real estate professional roles under RA 9646. Learn the scope of practice, licensing requirements, and legal boundaries for each profession.
- 57 min
Client Relationships: Listings, Authority, and Fiduciary Duties
Understand the broker-client relationship including exclusive vs. open listings, authority to sell agreements, fiduciary duties, and proper handling of client funds.
- 67 min
Ethics and Professional Standards
Understand the ethical obligations of Philippine real estate professionals. Learn the Code of Ethics, disclosure requirements, prohibited practices, and professional accountability.