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RERA Exam With 100% Correct And Verified Answers
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RERA Exam With 100% Correct And Verified Answers
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RERA Exam With 100% Correct AndVerified Answers
What is the DLD registration fee of usufruct right? - Correct Answer-2%
from the real property value
What are the fees for registration of a lease finance in the name of the
financier? - Correct Answer-0.25%
Where do I register loan buyout from bank to bank? - Correct Answer-
Registration trustee office
What is the maximum cash limit that buyer can pay for the property price
in AED? - Correct Answer-Trick Question: CASH IS NOT ALLOWED, only
manager cheque
According to the code of ethics breaching the client privacy includes
revealing the reason for the sale, or other private knowledge without your
clients permission? Correct or Incorrect - Correct Answer-Incorrect
What is the type of title deed I receive when I buy leasehold property? -
Correct Answer-Lease to own development
Which type of leasing commonly uses a percentage method? - Correct
Answer-Shopping Malls
What should property managers account for when preparing a
management budget for variable expenses - Correct Answer-Cash reserve
fund
What is the tax % applied on residential completed property? - Correct
Answer-No tax is applied on buying residential property
What is the tax applied on off plan property? - Correct Answer-No tax is
applied on buying off plan property
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, What is Dubai Municipality housing fee applied on free hold property that
is not leased? - Correct Answer-5% from the rental index average amount
The method to value a most located in the UAE is: - Correct Answer-Cost
approach
Do property valuers need to carry out an inspection? - Correct Answer-Yes
Valuers can estimate the implied future rental growth by analysing yields?
- Correct Answer-Yes/True
What types of cases are raised to the rental dispute center? - Correct
Answer-Financial obligations and evictions
If a tenant's cheque is bounced more than once where should I file a
case requesting cheque settlement or eviction
considering my lease contract is for a school of 20
years? - Correct Answer-Dubai Police
If a tenant's cheque is bounced more than once,
where do I file a case requesting cheque settlement
or eviction considering my lease is a contract for
school of 7 years? - Correct Answer-Rental dispute
center
Can a broker initiate a contract between a seller
and buyer for a sales transaction without verifying
ownership? - Correct Answer-Yes, verification of
ownership is required for the sale and lease
transactions' process not it's contracts
If the broker fee is not determined by agreement then the fee shall
be - Correct Answer-According the prevailing practise
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