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Dubai RERA Broker Exam/80 Questions & Answers/100% Verified
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Dubai RERA Broker Exam/80 Questions &Answers/100% Verified
Law No. 7/2006 - -Which law applies to
Land Registration & Ownership (Role of DLD)
-Regulation No. 3 of 2006 - -Which law applies to
Designated Areas
(Freehold vs Leasehold for non GCC)
-Law No. 85/2006 - -Which law applies to
Regulation of Real Estate Brokers
-Law No. 16/2007 - -Which law applies to
Establishment of RERA
-Law No. 8/2007 - -Which law applies to
Escrow Accounts
-Law No. 26/2007
Law No. 33/2008 (amendment) - -Which law applies to
Tenancy Law
-Law No. 27/2007 - -Which law applies to
Jointly Owned Property ("JOPs")
-Law No. 13/2008
Law No. 9/2009
Decree No. 6/2010 - -Which laws applies to
Interim Pre-Title Register
-Law No. 14/2008 - -Which law applies to
Mortgage Law
-Decree No. 1/2009
Decree No. 2/2001 - -Which laws applies to
Rentals Increases / Decreases
-A Breach of the Criminal Code, which could lead to prosecution and
professional sanctions. - -What does a transaction that is concluded contrary
to Law 7 of 2006 result in?
-1. Institutions
2. Registries
, 3. Laws - -Structure of the
Dubai Real Estate Legal System
-"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". - -Real Property Register
-...in the Interim Real Estate Register - -Sale of an off-plan unit must be
registered...
-1. Plans of the unit
2. Apartment numbers
3. Internal and external size
4. Common area plans - -Project Registration with RERA includes
-Exempt of taking the test - -Class A Brokers
-Must take a RERA DREI Test - -Class B Brokers
-System that records all rental agreements - -EJARI System
-The landlord - -Who must register a rental agreement?
-The tenant - -Who pays for registering the rental agreement?
-The project - -Who's name is a project's trust account created
-An employee of the developer - -Who can market a project's property
units?
-A registered brokerage company - -Who applies for a broker's license?
-Silver, Gold & Platinum - -What are the 3 ratings given to brokers
-Blue badge
All properties, Developer; Free zone but not Timeshare - -Color of badge for
a general broker?
-Green badge - -Color of badge for a developer specific broker?
-Yellow badge - -Color of badge for a free zone only broker?
-Red badge
(Only Red badges can do time share an vice versa) - -Color of badge for a
time-share broker?
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