Exam (elaborations)
Dubai ReRA Real Estate Study Guide: RERA Class 2023
- Course
- Institution
Dubai ReRA Real Estate Study Guide: RERA Class 2023
[Show more]
Seller
Follow
Studyhall
Reviews received
Content preview
Dubai ReRA Real Estate Study Guide:RERA Class 2023
law 26 was - ✔️ landlord & tenants rules and regulations, of 2007,
law 33 of 2008 was its amendment
what year was Dubai Land Department formed - ✔️ 1960
Goal of DLD - ✔️ protect rights and enforce obligations of all parties
involved in property transactions
difference between Free Hold and Free Zone - ✔️ Freehold you own
it indefinitely, Freezone is an area that permits 100% ownership with
generally 0 taxation..
DLD registers what? - ✔️ Property Sales & Purchases,
Mortgages & Long Term Leases
Inheritance Rights
Easements/restrictions
Liens
zoning & development rights
other real property conditions
what does DLD services, what are the charges - ✔️ issues title deeds
or certificates of title
charges transfer fees of 2%
mortgage info
public auctions on foreclosed property
dispute resolution for rental complaints..
What two things must all real estate advertising mention in their ads
- ✔️ RERA number of the agent &
Broker number ORN & BRN
if you don't mention both these numbers what is the penalty for that (what
numbers also) - ✔️ 50,000 aed (ORN & BRN)
, when was freehold properties created in dubai? - ✔️ may 2002,
Freehold established by Crown Prince General Sheikh Mohamed Maktom
what are the two governement mega developers? - ✔️ Emaar--Burj
Khalifa, new dubai
Nakheel--Palm Jumeriah
how many villas on the palm? - ✔️ 2000
how many villas on meadows, and who developed them>? - ✔️
emaar, 700
tell me about the springs - ✔️ just behind the meadows, several
thousand also by emaar
how many towers in jbr? - ✔️ 43
what are the four stages of real estate life cycle? - ✔️ expansion
recession
contraction
revival
DLD what is it when was it formed? - ✔️ 1960 to oversea affairs of
properties in the dubai, register them. safeguard rights of people, organize all
transactions
what is the relationship of RERA and DLD? - ✔️ RERA is a subsidiary
of DLD
tell me about RERA - ✔️ has full authority as a government agency
with financial and administrative independence to regulate real estate in
dubai, launched in 2007
RERA responsibilities are: (5) - ✔️ •Licensing all real estate
activities.
•Managing real estate developers' trust account.
•Licensing and organizing real estate agents.
•Regulating and registering Rental Agreements.
•Regulating and supervising the owners associations
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studyhall. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now