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RERA Class Questions with Detailed Verified Answers (100% Correct Answers) /Already Graded A+ law 26 was Ans: landlord & tenants rules and regulations, of 2007, law 33 of 2008 was its amendment what year was Dubai Land Departm

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RERA Class Questions with Detailed Verified Answers (100% Correct Answers) /Already Graded A+ law 26 was Ans: landlord & tenants rules and regulations, of 2007, law 33 of 2008 was its amendment what year was Dubai Land Departm

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RERA Class Questions with Detailed
Verified Answers (100% Correct Answers)
/Already Graded A+
law 26 was
Ans: landlord & tenants rules and regulations, of 2007, law 33 of 2008 was its amendment


what year was Dubai Land Department formed
Ans: 1960


Goal of DLD
Ans: protect rights and enforce obligations of all parties involved in property transactions


difference between Free Hold and Free Zone
Ans: Freehold you own it indefinitely, Freezone is an area that permits 100% ownership with
generally 0 taxation..


DLD registers what?
Ans: 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

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Ans: 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
Ans: 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)
Ans: 50,000 aed (ORN & BRN)


when was freehold properties created in dubai?
Ans: may 2002, Freehold established by Crown Prince General Sheikh Mohamed Maktom


what are the two governement mega developers?
Ans: Emaar--Burj Khalifa, new dubai
Nakheel--Palm Jumeriah


how many villas on the palm?
Ans: 2000


how many villas on meadows, and who developed them>?
Ans: emaar, 700


tell me about the springs
Ans: just behind the meadows, several thousand also by emaar


how many towers in jbr?
Ans: 43


what are the four stages of real estate life cycle?

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