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Exam (elaborations)

Rera Exam

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Exam of 17 pages for the course Rera at Rera (Rera Exam)

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RERA EXAM WITH FULL PACK
SOLUTIONS




Highest kBurj kKhalifa k- kcorrect kanswers k-829,8 k(2722 kft)

Business kBay knumber kof kbuldings k- kcorrect kanswers k-240 k(completed k2008)

Palm kJumeirah k- kcorrect kanswers k-3 kPalms k520 kkm kby kNakheel

Al kMaktoum kInternational kAirport k- kcorrect kanswers k-Projected kanual kcapacity k160
kMillion kpassanger


The kWorld kIsland k- kcorrect kanswers k-by kNakheel

,Dubai kLand kDepartment k(DLD) k- kcorrect kanswers k-The kmain kobjective kof kDLD kis
kto korganize kand kdocuments kall kreal kestate ktransaction kfor kand kbehalf kDubai
kGoverment. kestablished k24.01.1960


RERA k- kcorrect kanswers k-Real kEstate kRegulatory kAgency. kRera kregulates kthe
kreal kestate kinvestment kin kthe kemirate kof kDubai. kLaunched k31 kof kJuly k2007.


Objectives kof kRERA k- kcorrect kanswers k-RERA kRole kis: k
- kLicensing kall kreal kestate kactivities.
- kManaging kand korganizing kreal kestate kdevelopers' ktrust kaccounts. k
- kLicensing kand korganizing kreal kestate kagents.
- kRegulating kand kregistering kRental kAgreements. k
-Regulating kand ksupervising kthe kowners kassociations.

Regulation k#3 kof k2006 k- kcorrect kanswers k-In k2001 kDubai kGoverment kagreed kto
kallow kexpats kto khave k99-year klease kof kparticular kproperty. kIn k2002 kSheikh
kMohammed kbin kRashid kAl kMaktoum, kissued ka kdecree kallowing kforeigners kto kbuy
kproperty kon kfreehold kownership.


Freehold k- kcorrect kanswers k-You kown kproperty kand kland kForever.

Leasehold k- kcorrect kanswers k-You kown kproperty kbut knot kland

Tarakheesi k- kcorrect kanswers k-Tarakheesi kis kweb kapplication kmeant kfor kReal
kEstate kOffices kfor kmanaging kReal kEstate kBroker koperation.
-Issuing kbroker kcard k
-Updating kbroker kcard k
Cancelling kbroker kcard.

Blue kBroker kCard k- kcorrect kanswers k-Blue kcard kissued kunder kthe kDED klicenses
kand kbrokers kare kallowed kto kwork kin kDubai. k
Allows kbrokers kto ksell/lease kin kDubai k+ kFZ k+ kSell kfor kdevelopers kbut knot ktime
kshare.


Green kBroker kCard k- kcorrect kanswers k-Can konly ksell kdevelopers kproject.

Red kBroker kCard k- kcorrect kanswers k-only ktime kshare kproperties; ksell kone kunit kto
kmore kthan kone kperson.


Yellow kBroker kCard k- kcorrect kanswers k-only kFZ kproperties

Return kon kinvestment k(ROI) k- kcorrect kanswers k-It kmeasures kthe kgain kor kloss
kgenerated kon kan kinvestment krelative kto kthe kamount kof kmoney kinvested. k
ROI kis kusually kexpressed kas ka kpercentage kand kis ktypically kused kfor kpersonal
kfinancial kdecisions, kto kcompare ka kcompany's kprofitability kor kto kcompare kthe
kefficiency kof kdifferent kinvestments.

, ROI k(Net kprofit/Cost kof kinvestment)x100

What's kis ka klisting? k- kcorrect kanswers k-A klisting kis ka kcontract kbetween kan kowner
kand kbroker.


What kis kthe kdifferent kbetween ktype kof klistings? k- kcorrect kanswers k--Exclusive k
-Open klisting

What kis kmultiple klisting? k- kcorrect kanswers k-MLS kis kan karrangement kamong ka
kgroup kof kagents kwhereby kthey kagree kto kshare kinformation kand ksplit kcommission.


What kis ka kqualified kbuyer? k- kcorrect kanswers k-Seeking kto kbuy.

What kis kan kassent? k- kcorrect kanswers k-It kis ksomething kof kvalue kthat kone kowns.

What kis kliability? k- kcorrect kanswers k-It kis kopposite kof kasset k; kIt's ka kdebt kor
kobligation kthat kone kowns.


What kis kthe kLaw k26 kof k2007 k- kcorrect kanswers k-It kregulates kthe krelationship
kbetween kthe ktenant kand klandlord.


ORN k- kcorrect kanswers k-Office kRegistration kNumber

BRN k- kcorrect kanswers k-Broker kRegistration kNumber

STR k- kcorrect kanswers k-Special kTransaction kRegister
All ktransaction kAgreements

If kad kdoes't khave kBRN kor kORN kNumber k- kcorrect kanswers k-Penalty kAED k50'000

Decree k#21 kof k2013 k- kcorrect kanswers k-Only kthe kgovernment khas kthe kpower kto
kcancel kprojects.


OQOOD k- kcorrect kanswers k-Pre-Title kRegistration k"My kownership kcertificate"

MOLLAK k- kcorrect kanswers k-My kStrata kCertificate
Owner kAssociation kAnd kRegistration

Code kof kEtics k- kcorrect kanswers k-regulates kyour krelationship kwith kcustomers, kwith
kother kagents kand kwith kpublic.


Dubai kLand kDepartment k(DLD) k- kcorrect kanswers k-Established kon kJanuary k24th
k1960


Real kEstate kRegulatory kAgency k(RERA) k- kcorrect kanswers k-Established kin k2007

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