RERA UPDATED EVALUATION TEST QUESTIONS AND
SOLUTIONS RATED A+
✔✔Real Property Register - ✔✔"A set of documents held in written or electronic format
in the electronic register at the Department, which point out the description and location
of Real Property and the rights attached hereto".
✔✔Sale of an off-plan unit must be registered... - ✔✔...in the Interim Real Estate
Register
✔✔Project Registration with RERA includes - ✔✔1. Plans of the unit
2. Apartment numbers
3. Internal and external size
4. Common area plans
✔✔Class A Brokers - ✔✔Exempt of taking the test
✔✔Class B Brokers - ✔✔Must take a RERA DREI Test
✔✔EJARI System - ✔✔System that records all rental agreements
✔✔Who must register a rental agreement? - ✔✔The landlord
✔✔Who pays for registering the rental agreement? - ✔✔The tenant
✔✔Who's name is a project's trust account created - ✔✔The project
✔✔Who can market a project's property units? - ✔✔An employee of the developer
✔✔Who applies for a broker's license? - ✔✔A registered brokerage company
✔✔What are the 3 ratings given to brokers - ✔✔Silver, Gold & Platinum
✔✔Color of badge for a general broker? - ✔✔Blue badge
All properties, Developer; Free zone but not Timeshare
✔✔Color of badge for a developer specific broker? - ✔✔Green badge
✔✔Color of badge for a free zone only broker? - ✔✔Yellow badge
✔✔Color of badge for a time-share broker? - ✔✔Red badge
(Only Red badges can do time share an vice versa)
✔✔Time limit to apply for renewal of broker's license - ✔✔1 month
, ✔✔What is ORN? - ✔✔Office Registration Number
✔✔What is BRN? - ✔✔Broker Registration Number
✔✔Rental commission norm - ✔✔5%
(You can charge more if you inform them of the norm)
✔✔How much can a developer charge in admin fees
(NOC) for a finished property? - ✔✔500 dhs
✔✔How much can a developer charge in admin fees(NOC) for unfinished property? -
✔✔5000 dhs
✔✔A developer must establish an OA within x days of the first unit being sold.. - ✔✔x =
90 days
✔✔All sales of multi unit properties must be attached to an JOPD - ✔✔True
✔✔OA appoints a service manager who carries out.. - ✔✔MOM (Management,
Operation and maintenance)
✔✔OA convenes an AGM to appoint Board, which numbers: - ✔✔5 or 7 with 3 spare.
✔✔The developer can own a max of what percentage of a building? - ✔✔50%
✔✔How long does a developer warrantee the building for? - ✔✔10 Years
✔✔What is the name of the system every broker must be registered on? - ✔✔SIMSARI
✔✔What is Form A? - ✔✔Between Seller & Broker
✔✔What is Form B? - ✔✔Between Buyer and Broker
✔✔What is for U - ✔✔Client terminating broker (7 days notice)
(must be attached to form A and B)
✔✔What is Form I - ✔✔Inter-broker agreements
✔✔What is Form F - ✔✔Sales agreement between all parties
✔✔Max term for form A - ✔✔90 days
SOLUTIONS RATED A+
✔✔Real Property Register - ✔✔"A set of documents held in written or electronic format
in the electronic register at the Department, which point out the description and location
of Real Property and the rights attached hereto".
✔✔Sale of an off-plan unit must be registered... - ✔✔...in the Interim Real Estate
Register
✔✔Project Registration with RERA includes - ✔✔1. Plans of the unit
2. Apartment numbers
3. Internal and external size
4. Common area plans
✔✔Class A Brokers - ✔✔Exempt of taking the test
✔✔Class B Brokers - ✔✔Must take a RERA DREI Test
✔✔EJARI System - ✔✔System that records all rental agreements
✔✔Who must register a rental agreement? - ✔✔The landlord
✔✔Who pays for registering the rental agreement? - ✔✔The tenant
✔✔Who's name is a project's trust account created - ✔✔The project
✔✔Who can market a project's property units? - ✔✔An employee of the developer
✔✔Who applies for a broker's license? - ✔✔A registered brokerage company
✔✔What are the 3 ratings given to brokers - ✔✔Silver, Gold & Platinum
✔✔Color of badge for a general broker? - ✔✔Blue badge
All properties, Developer; Free zone but not Timeshare
✔✔Color of badge for a developer specific broker? - ✔✔Green badge
✔✔Color of badge for a free zone only broker? - ✔✔Yellow badge
✔✔Color of badge for a time-share broker? - ✔✔Red badge
(Only Red badges can do time share an vice versa)
✔✔Time limit to apply for renewal of broker's license - ✔✔1 month
, ✔✔What is ORN? - ✔✔Office Registration Number
✔✔What is BRN? - ✔✔Broker Registration Number
✔✔Rental commission norm - ✔✔5%
(You can charge more if you inform them of the norm)
✔✔How much can a developer charge in admin fees
(NOC) for a finished property? - ✔✔500 dhs
✔✔How much can a developer charge in admin fees(NOC) for unfinished property? -
✔✔5000 dhs
✔✔A developer must establish an OA within x days of the first unit being sold.. - ✔✔x =
90 days
✔✔All sales of multi unit properties must be attached to an JOPD - ✔✔True
✔✔OA appoints a service manager who carries out.. - ✔✔MOM (Management,
Operation and maintenance)
✔✔OA convenes an AGM to appoint Board, which numbers: - ✔✔5 or 7 with 3 spare.
✔✔The developer can own a max of what percentage of a building? - ✔✔50%
✔✔How long does a developer warrantee the building for? - ✔✔10 Years
✔✔What is the name of the system every broker must be registered on? - ✔✔SIMSARI
✔✔What is Form A? - ✔✔Between Seller & Broker
✔✔What is Form B? - ✔✔Between Buyer and Broker
✔✔What is for U - ✔✔Client terminating broker (7 days notice)
(must be attached to form A and B)
✔✔What is Form I - ✔✔Inter-broker agreements
✔✔What is Form F - ✔✔Sales agreement between all parties
✔✔Max term for form A - ✔✔90 days
