Dubai RERA Broker Exam Case Questions 100% Plus
Correctly answered and Graded A++
A developer must establish an OA within x days of the first unit being sold.. - CORRECT
ANSWER ✔✔ -x = 90 days
A mortgage may be secured by one of what 3 things? - CORRECT ANSWER ✔✔ -1. The whole
property
2. An undivided interest in the property
3. By right in-rem over an off plan property
A mortgage not registered with the DLD is invalid. (True or False?) - CORRECT ANSWER ✔✔
-True
All sales of multi unit properties must be attached to an JOPD - CORRECT ANSWER ✔✔ -
True
Class A Brokers - CORRECT ANSWER ✔✔ -Exempt of taking the test
Class B Brokers - CORRECT ANSWER ✔✔ -Must take a RERA DREI Test
Color of badge for a developer specific broker? - CORRECT ANSWER ✔✔ -Green badge
Color of badge for a free zone only broker? - CORRECT ANSWER ✔✔ -Yellow badge
Color of badge for a general broker? - CORRECT ANSWER ✔✔ -Blue badge
All properties, Developer; Free zone but not Timeshare
, Color of badge for a time-share broker? - CORRECT ANSWER ✔✔ -Red badge
(Only Red badges can do time share an vice versa)
EJARI System - CORRECT ANSWER ✔✔ -System that records all rental agreements
Form A can be of what 3 types? - CORRECT ANSWER ✔✔ -1. Exclusive
2. Sole
3. Open Listed (max 3)
How long does a developer warrantee the building for? - CORRECT ANSWER ✔✔ -10 Years
How long is the notice period for the end of a lease? - CORRECT ANSWER ✔✔ -365 days
from the next renewal.
How much can a developer charge in admin fees
(NOC) for a finished property? - CORRECT ANSWER ✔✔ -500 dhs
How much can a developer charge in admin fees(NOC) for unfinished property? - CORRECT
ANSWER ✔✔ -5000 dhs
How much is the Administration fee payable to DLD upon transfer of title? - CORRECT
ANSWER ✔✔ -315 dirhams
How much is the transfer fee - CORRECT ANSWER ✔✔ -Was 2%, now 4%
Max number of days that a sales is valid for? - CORRECT ANSWER ✔✔ -3 Days
Max term for form A - CORRECT ANSWER ✔✔ -90 days
Correctly answered and Graded A++
A developer must establish an OA within x days of the first unit being sold.. - CORRECT
ANSWER ✔✔ -x = 90 days
A mortgage may be secured by one of what 3 things? - CORRECT ANSWER ✔✔ -1. The whole
property
2. An undivided interest in the property
3. By right in-rem over an off plan property
A mortgage not registered with the DLD is invalid. (True or False?) - CORRECT ANSWER ✔✔
-True
All sales of multi unit properties must be attached to an JOPD - CORRECT ANSWER ✔✔ -
True
Class A Brokers - CORRECT ANSWER ✔✔ -Exempt of taking the test
Class B Brokers - CORRECT ANSWER ✔✔ -Must take a RERA DREI Test
Color of badge for a developer specific broker? - CORRECT ANSWER ✔✔ -Green badge
Color of badge for a free zone only broker? - CORRECT ANSWER ✔✔ -Yellow badge
Color of badge for a general broker? - CORRECT ANSWER ✔✔ -Blue badge
All properties, Developer; Free zone but not Timeshare
, Color of badge for a time-share broker? - CORRECT ANSWER ✔✔ -Red badge
(Only Red badges can do time share an vice versa)
EJARI System - CORRECT ANSWER ✔✔ -System that records all rental agreements
Form A can be of what 3 types? - CORRECT ANSWER ✔✔ -1. Exclusive
2. Sole
3. Open Listed (max 3)
How long does a developer warrantee the building for? - CORRECT ANSWER ✔✔ -10 Years
How long is the notice period for the end of a lease? - CORRECT ANSWER ✔✔ -365 days
from the next renewal.
How much can a developer charge in admin fees
(NOC) for a finished property? - CORRECT ANSWER ✔✔ -500 dhs
How much can a developer charge in admin fees(NOC) for unfinished property? - CORRECT
ANSWER ✔✔ -5000 dhs
How much is the Administration fee payable to DLD upon transfer of title? - CORRECT
ANSWER ✔✔ -315 dirhams
How much is the transfer fee - CORRECT ANSWER ✔✔ -Was 2%, now 4%
Max number of days that a sales is valid for? - CORRECT ANSWER ✔✔ -3 Days
Max term for form A - CORRECT ANSWER ✔✔ -90 days
