Verified Detailed Answers | New Update
law 26 was - ✔✔landlord & tenants rules and regulations, of 2007, law 33 of
2008 was its amendment
what year was Dubai Land Department formed - ✔✔1960
Goal of DLD - ✔✔protect rights and enforce obligations of all parties involved in
property transactions
difference between Free Hold and Free Zone - ✔✔Freehold you own it
indefinitely, Freezone is an area that permits 100% ownership with generally 0
taxation..
DLD registers what? - ✔✔Property Sales & Purchases,
Mortgages & Long Term Leases
Inheritance Rights
Easements/restrictions
Liens
zoning & development rights
other real property conditions
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, what does DLD services, what are the charges - ✔✔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 - ✔✔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) - ✔✔50,000 aed (ORN & BRN)
when was freehold properties created in dubai? - ✔✔may 2002, Freehold
established by Crown Prince General Sheikh Mohamed Maktom
what are the two governement mega developers? - ✔✔Emaar--Burj Khalifa,
new dubai
Nakheel--Palm Jumeriah
how many villas on the palm? - ✔✔2000
how many villas on meadows, and who developed them>? - ✔✔emaar, 700
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