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DUBAI RERA BROKER EXAM (ACTUAL) UPDATED VERIFIED 100% CORRECT ANSWERS
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DUBAI RERA BROKER EXAM (ACTUAL2024- 2025) UPDATED VERIFIED 100% CORRECT ANSWERS
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DUBAI RERA BROKER EXAM (ACTUAL2024-2025) UPDATED VERIFIED 100% CORRECT
ANSWERS
Real Property Register - ANSWERS_"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".
Sales and Purchased agreements for units in an unfinished
project must be registered as what? - ANSWERS_Oqoood
Who can provide an escrow account? - ANSWERS_A
registered financial institution.
What is a project's escrow account used for? -
ANSWERS_For off plan sales
What is the first payment a developer can take from an escrow
account? - ANSWERS_5% for soft costs eg marketing
What are the 3 basis of UAE "Rule of Law"? - ANSWERS_1.
Codes
2. Decrees
3. Regulations
, DUBAI RERA BROKER EXAM (ACTUAL2024-
2025) UPDATED VERIFIED 100% CORRECT
ANSWERS
To develop a legal understanding, brokers must be able to do
what 3 things? - ANSWERS_1. Locate source of law
2. Identify relevant facts
3. Act or comply with legal requirements
What are the 3 sources of UAE Law? - ANSWERS_1.
Religion
2. Customs
3. International law
What is the only recognized authority to register real estate
transactions outside the DFSA? - ANSWERS_The Dubai
Land Department (DLD)
The Real Property Register is held at the DLD and branches
held with whom? - ANSWERS_Master developers
Upon death of owner, legal heirs must register with whom? -
ANSWERS_Legal heirs must register with the DLD as heirs
of the deceased
Monies in a trust account cannot be used as security for a
creditor of the developer? (True or False?) - ANSWERS_True
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