Dubai RERA Broker Exam Actual Exam (Passed and Certified) Perfect Material to learn (2023 Version)
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Course
Dubai RERA Broker
Institution
Dubai RERA Broker
Dubai RERA Broker Exam Actual Exam
(Passed and Certified) Perfect Material
to learn (2023 Version)
what year was Dubai Land Department formed ----- Correct Answer------law was 26 of
1960 landlord & tenants rules and regulations, of 2007, law 33 of 2008 was its
amendment
Goal of DLD -------- C...
Dubai RERA Broker Exam Actual Exam
(Passed and Certified) Perfect Material
to learn (2023 Version)
what year was Dubai Land Department formed ----- Correct Answer ------law was 26 of
1960 landlord & tenants rules and regulations, of 2007, law 33 of 2008 was its
amendment
Goal of DLD -------- Correct Answer -------- protect rights and enforce obligations of all
parties involved in property transactions
difference between Free Hold and Free Zone -------- Correct Answer -------- Freehold
you own it indefinitely, Freezone is an area that permits 100% ownership with generally
0 taxation ..
DLD registers what? -------- Correct Answer -------- Property Sales & Purchases,
Mortgages & Long Term Leases
Inheritance Rights
Easements/restrictions
Liens
zoning & development rights
other real property conditions
what does DLD services, what are the charges -------- Correct Answer -------- issues
title deeds or certificates of title
charges transfer fees of 2%
mortgage info
public auctions on foreclosed property
dispute resolution for rental complaints..
What two things must all real estate advertising mention in their ads -------- Correct
Answer -------- RERA number of the agent &
Broker number ORN & BRN
if you don't mention both these numbers what is the penalty for that (what numbers
also) -------- Correct Answer -------- 50,000 aed (ORN & BRN)
when was freehold properties created in dubai? -------- Correct Answer -------- may
2002, Freehold established by Crown Prince General Sheikh Mohamed Maktom
what are the two governement mega developers? -------- Correct Answer -------- Emaar --
Burj Khalifa, new dubai
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Nakheel --Palm Jumeriah
how many villas on the palm? -------- Correct Answer -------- 2000
how many villas on meadows, and who developed them>? -------- Correct Answer --------
emaar, 700
tell me about the springs -------- Correct Answer -------- just behind the meadows,
severa l thousand also by emaar
how many towers in jbr? -------- Correct Answer -------- 43
what are the four stages of real estate life cycle? -------- Correct Answer --------
expansion
recession
contraction
revival
DLD what is it when was it formed? -------- Correct Answer -------- 1960 to oversea
affairs of properties in the dubai, register them. safeguard rights of people, organize all
transactions
what is the relationship of RERA and DLD? -------- Correct Answer -------- RERA is a
subsidiary of DLD
tell me about RERA -------- Correct Answer -------- has full authority as a government
agency with financial and administrative independence to regulate real estate in dubai,
launched in 2007
RERA responsibilities are: (5) -------- Correct Answer -------- •Licensing all real estate
activities.
•Managing real estate developers' trust account.
•Licensing and organizing real estate agents.
•Regulating and registering Rental Agreements.
•Regulating and supervising the owners associations
Regulating real estate advertisements in the media.
•Regulating and licensing Real estate exhibitions.
•Publishing official research and studies for the
sector.
•Enhancing national participation in the re al estate
sector.
•Increasing real estate awareness
rules of rera license -------- Correct Answer -------- brokers must operate & adhere within
their license activity
2. must wear their Broker Id while completing transactions at RERA/DLD Powered by TCPDF (www.tcpdf.org)
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