Rera Exam Study Guide with Complete Solutions
Highest Burj Khalifa - Answer-829,8 (2722 ft)
Business Bay number of buldings - Answer-240 (completed 2008)
Palm Jumeirah - Answer-3 Palms 520 km by Nakheel
Al Maktoum International Airport - Answer-Projected anual capacity 160 Million passanger
Th...
Return on investment (ROI) - Answer✔✔-It measures the gain or loss generated on an
investment relative to the amount of money invested.
ROI is usually expressed as a percentage and is typically used for personal financial decisions, to
compare a company's profitability or to compare the efficiency of different investments.
ROI (Net profit/Cost of investment)x100
What's is a listing? - Answer✔✔-A listing is a contract between an owner and broker.
What is the different between type of listings? - Answer✔✔--Exclusive
-Open listing
What is multiple listing? - Answer✔✔-MLS is an arrangement among a group of agents whereby
they agree to share information and split commission.
What is a qualified buyer? - Answer✔✔-Seeking to buy.
What is an assent? - Answer✔✔-It is something of value that one owns.
What is liability? - Answer✔✔-It is opposite of asset ; It's a debt or obligation that one owns.
What is the Law 26 of 2007 - Answer✔✔-It regulates the relationship between the tenant and
landlord.
ORN - Answer✔✔-Office Registration Number
BRN - Answer✔✔-Broker Registration Number
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