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Dubai RERA Broker Exam Q&A
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Dubai RERA Broker Exam Q&AWhich law applies to
Land Registration & Ownership (Role of DLD) Correct Ans - Law No.
7/2006
Which law applies to
Designated Areas
(Freehold vs Leasehold for non GCC) Correct Ans - Regulation No. 3 of
2006
Which law applies to
Regulation of Real Estate Brokers Correct Ans - Law No. 85/2006
Which law applies to
Establishment of RERA Correct Ans - Law No. 16/2007
Which law applies to
Escrow Accounts Correct Ans - Law No. 8/2007
Which law applies to
Tenancy Law Correct Ans - Law No. 26/2007
Law No. 33/2008 (amendment)
Which law applies to
Jointly Owned Property ("JOPs") Correct Ans - Law No. 27/2007
Which laws applies to
Interim Pre-Title Register Correct Ans - Law No. 13/2008
Law No. 9/2009
Decree No. 6/2010
Which law applies to
Mortgage Law Correct Ans - Law No. 14/2008
Which laws applies to
Rentals Increases / Decreases Correct Ans - Decree No. 1/2009
Decree No. 2/2001
, What does a transaction that is concluded contrary to Law 7 of 2006 result in?
Correct Ans - A Breach of the Criminal Code, which could lead to
prosecution and professional sanctions.
Structure of the
Dubai Real Estate Legal System Correct Ans - 1. Institutions
2. Registries
3. Laws
Real Property Register Correct Ans - "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... Correct Ans - ...in the
Interim Real Estate Register
Project Registration with RERA includes Correct Ans - 1. Plans of the
unit
2. Apartment numbers
3. Internal and external size
4. Common area plans
Class A Brokers Correct Ans - Exempt of taking the test
Class B Brokers Correct Ans - Must take a RERA DREI Test
EJARI System Correct Ans - System that records all rental agreements
Who must register a rental agreement? Correct Ans - The landlord
Who pays for registering the rental agreement? Correct Ans - The
tenant
Who's name is a project's trust account created Correct Ans - The
project
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