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Exam (elaborations)

RERA Exam Questions and Answers 100% Pass

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What is the DLD registration fee of usufruct right? - ANSWER-2% from the real property value What are the fees for registration of a lease finance in the name of the financier? - ANSWER-0.25% Where do I register loan buyout from bank to bank? - ANSWER-Registration trustee office What is the maximum cash limit that buyer can pay for the property price in AED? - ANSWER-Trick Question: CASH IS NOT ALLOWED, only manager cheque According to the code of ethics breaching the client privacy includes revealing the reason for the sale, or other private knowledge without your clients permission? Correct or Incorrect - ANSWER-Incorrect What is the type of title deed I receive when I buy leasehold property? - ANSWER-Lease to own development Which type of leasing commonly uses a percentage method? - ANSWER-Shopping Malls What should property managers account for when preparing a management budget for variable expenses - ANSWER-Cash reserve fund What is the tax % applied on residential completed property? - ANSWER-No tax is applied on buying residential property What is the tax applied on off plan property? - ANSWER-No tax is applied on buying off plan property What is Dubai Municipality housing fee applied on free hold property that is not leased? - ANSWER-5% from the rental index average amount The method to value a most located in the UAE is: - ANSWER-Cost approach Do property valuers need to carry out a

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