Dubai RERA Broker Exam Questions and Answers 100% correct
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Course
Dubai rera broker
Institution
Dubai Rera Broker
Dubai RERA Broker Exam Questions and Answers 100% correct
Which law applies to
Designated Areas
(Freehold vs Leasehold for non GCC)
Regulation No. 3 of 2006
Which law applies to
Regulation of Real Estate Brokers
Law No. 85/2006
Which law applies to
Land Registration & Ownership...
Dubai RERA Broker Exam Questions and Answers 100% correct
Which law applies to Designated Areas
(Freehold vs Leasehold for non GCC) - answer Regulation No. 3 of 2006
Which law applies to Regulation of Real Estate Brokers - answer Law No. 85/2006
Which law applies to Land Registration & Ownership (Role of DLD) - answer Law No. 7/2006
Which law applies to Establishment of RERA - answer Law No. 16/2007
Which law applies to Escrow Accounts - answer Law No. 8/2007
Which law applies to Tenancy Law - answer Law No. 26/2007
Law No. 33/2008 (amendment)
Which law applies to Jointly Owned Property ("JOPs") - answer Law No. 27/2007
Which laws applies to Interim Pre-Title Register - answer Law No. 13/2008 Law No. 9/2009 Decree No. 6/2010
Which law applies to Mortgage Law - answer Law No. 14/2008
Which laws applies to Rentals Increases / Decreases - answer Decree No. 1/2009
Decree No. 2/2001
What does a transaction that is concluded contrary to Law 7 of 2006 result in? - answer A Breach of the Criminal Code, which could lead to prosecution and professional sanctions.
Structure of the
Dubai Real Estate Legal System - answer 1. Institutions 2. Registries
3. Laws
Real Property Register - answer "A set of documents held in written or electronic format in the electronic register at the Department, which point out the description and location of Real Property and the rights attached hereto".
Sale of an off-plan unit must be registered... - answer ...in the Interim Real Estate Register
Project Registration with RERA includes - answer 1. Plans of the unit
2. Apartment numbers
3. Internal and external size
4. Common area plans
Class A Brokers - answer Exempt of taking the test
Class B Brokers - answer Must take a RERA DREI Test
EJARI System - answer System that records all rental agreements
Who must register a rental agreement? - answer The landlord
Who pays for registering the rental agreement? - answer The tenant
Who's name is a project's trust account created - answer The project
Who can market a project's property units? - answer An employee of the developer
Who applies for a broker's license? - answer A registered brokerage company
What are the 3 ratings given to brokers - answer Silver, Gold & Platinum
Color of badge for a general broker? - answer Blue badge
All properties, Developer; Free zone but not Timeshare
Color of badge for a developer specific broker? - answer Green badge
Color of badge for a free zone only broker? - answer Yellow badge
Color of badge for a time-share broker? - answer Red badge
(Only Red badges can do time share an vice versa)
Time limit to apply for renewal of broker's license - answer 1 month
What is ORN? - answer Office Registration Number
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