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Exam (elaborations)

Rera Real Estate Regulatory Authority Exam Questions With Correct Answers

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RERA REAL ESTATE REGULATORY AUTHORITY EXAM QUESTIONS WITH CORRECT ANSWERS

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RERA REAL ESTATE REGULATORY AUTHORITY EXAM
QUESTIONS WITH CORRECT ANSWERS

Main policy of RERA - VERIFIED ANSWER✔✔-set policy, procedure and such for transactions in real
estate in order to increase foreign investments and have one central place to secure all parties involved.



Emaar developed - VERIFIED ANSWER✔✔-the springs, meadows, parts of marina, burj khalifa, the
greens, lots of downtown



nakheel developed - VERIFIED ANSWER✔✔-palm jumeiarh, international city,



land department established - VERIFIED ANSWER✔✔-1960 january



organize transactions, documents for all parties in real estate for govt of dubai - VERIFIED ANSWER✔✔-
land dept



relationship between rera and land dept - VERIFIED ANSWER✔✔-rera is subsidiary to land dept.



rera does what - VERIFIED ANSWER✔✔-regulates real estate in dubai



rera launched in - VERIFIED ANSWER✔✔-2007



rera is - VERIFIED ANSWER✔✔-a government agency with its own financial admin independence to
make full legal authority to regulate



rera's responsibilities - VERIFIED ANSWER✔✔-Regulate Real Estate:

Agents

HOA's

Rental agreements

, developer escrows

Activities

Advertising



four types of broker cards - VERIFIED ANSWER✔✔-time share

free zone for specific area

all of dubai

developer properties only



agent code of ethics - VERIFIED ANSWER✔✔-fair treatment

respectful treatment

privacy

trust

quality

respect laws

integrity

society obligations

interest of contracting party

respect documets

respect land dept regulations



6 ways to evict a tenant - VERIFIED ANSWER✔✔-damage

illegal

not paying

1st degree family moving*

converting from residential to commercial*



*must have one year notice certified, notary public etc.

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