and answers 100% verified.
Which law applies to
Land Registration & Ownership (Role of DLD) - CORRECT ANSWER. Law No.
7/2006
Which law applies to
Designated Areas
(Freehold vs Leasehold for non GCC) - CORRECT ANSWER. Regulation No. 3 of
2006
Which law applies to
Regulation of Real Estate Brokers - CORRECT ANSWER. Law No. 85/2006
Which law applies to
Establishment of RERA - CORRECT ANSWER. Law No. 16/2007
Which law applies to
Escrow Accounts - CORRECT ANSWER. Law No. 8/2007
Which law applies to
Tenancy Law - CORRECT ANSWER. Law No.
26/2007 Law No. 33/2008 (amendment)
Which law applies to
Jointly Owned Property ("JOPs") - CORRECT ANSWER. Law No. 27/2007
Which laws applies to
Interim Pre-Title Register - CORRECT ANSWER. Law No.
13/2008 Law No. 9/2009
Decree No. 6/2010
, Which 2law 2applies 2to
Mortgage 2Law 2- 2 CORRECT 2ANSWER. Law 2No. 214/2008
Which 2laws 2applies 2to
Rentals 2Increases 2/ 2Decreases 2- 2 CORRECT 2ANSWER. Decree
2No. 21/2009 2Decree 2No. 22/2001
What 2does 2a 2transaction 2that 2is 2concluded 2contrary 2to 2Law 27 2of 22006 2result
2in? 2- 2 CORRECT 2ANSWER . A 2Breach 2of 2the 2Criminal 2Code, 2which 2could 2lead
2to 2prosecution 2and 2professional 2sanctions.
Structure 2of 2the
Dubai 2Real 2Estate 2Legal 2System 2- 2 CORRECT 2ANSWER. 1. 2Institutions
2. Registries
3. Laws
Real 2Property 2Register 2- 2 CORRECT 2ANSWER. 2 "A 2set 2of 2documents 2held
2in 2written 2or 2electronic 2format 2in 2the 2electronic 2register 2at 2the
2Department, 2which 2point 2out 2the 2description 2and 2location 2of 2Real
2Property 2and 2the 2rights 2attached 2hereto".
Sale 2of 2an 2off-plan 2unit 2must 2be 2registered... 2- 2 CORRECT 2ANSWER. ...in
2the 2Interim 2Real 2Estate 2Register
Project 2Registration 2with 2RERA 2includes 2- 2 CORRECT 2ANSWER. 1. 2Plans 2of 2the
2unit
2. Apartment 2numbers
3. Internal 2and 2external 2size
4. Common 2area 2plans
Class 2A 2Brokers 2- 2 CORRECT 2ANSWER. Exempt 2of 2taking 2the 2test
Class 2B 2Brokers 2- 2 CORRECT 2ANSWER. Must 2take 2a 2RERA 2DREI 2Test
EJARI 2System 2- 2 CORRECT 2ANSWER. System 2that 2records 2all 2rental
2agreements
Who 2must 2register 2a 2rental 2agreement? 2- 2 CORRECT 2ANSWER. The 2landlord
Who 2pays 2for 2registering 2the 2rental 2agreement? 2- 2 CORRECT 2ANSWER.The
2tenant
Who's 2name 2is 2a 2project's 2trust 2account 2created 2- 2 CORRECT 2ANSWER. 2 2 The
2project
Who 2can 2market 2a 2project's 2property 2units? 2- 2 CORRECT 2ANSWER. An
2employee 2of 2the 2developer
Who 2applies 2for 2a 2broker's 2license? 2- 2 CORRECT 2ANSWER. A 2registered