Dubai RERA Broker Exam 2024 with 100% correct answers

Dubai RERA Broker Exam

1. Which law applies to
Land Registration & Ownership (Role of DLD): Law No. 7/2006
2. Which law applies to
Designated Areas
(Freehold vs Leasehold for non GCC): Regulation No. 3 of 2006
3. Which law applies to
Regulation of Real Estate Brokers: Law No. 85/2006
4. Which law applies to
Establishment of RERA: Law No. 16/2007
5. Which law applies to
Escrow Accounts: Law No. 8/2007
6. Which law applies to
Tenancy Law: Law No. 26/2007
Law No. 33/2008 (amendment)
7. Which law applies to
Jointly Owned Property ("JOPs"): Law No. 27/2007
8. Which laws applies to
Interim Pre-Title Register: Law No. 13/2008
Law No. 9/2009
Decree No. 6/2010
9. Which law applies to
Mortgage Law: Law No. 14/2008
10. Which laws applies to
Rentals Increases / Decreases: Decree No. 1/2009
Decree No. 2/2001
11. What does a transaction that is concluded contrary to Law 7 of 2006
result in?: A Breach of the Criminal Code, which could lead to prosecution and
professional sanctions.
12. Structure of the
Dubai Real Estate Legal System: 1. Institutions
2. Registries
3. Laws
13. 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".
14. Sale of an off-plan unit must be registered...: ...in the Interim Real Estate
Register
15. Project Registration with RERA includes: 1. Plans of the unit
2. Apartment numbers
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, Dubai RERA Broker Exam

3. Internal and external size
4. Common area plans
16. Class A Brokers: Exempt of taking the test
17. Class B Brokers: Must take a RERA DREI Test
18. EJARI System: System that records all rental agreements
19. Who must register a rental agreement?: The landlord
20. Who pays for registering the rental agreement?: The tenant
21. Who's name is a project's trust account created: The project
22. Who can market a project's property units?: An employee of the developer
23. Who applies for a broker's license?: A registered brokerage company
24. What are the 3 ratings given to brokers: Silver, Gold & Platinum
25. Color of badge for a general broker?: Blue badge
All properties, Developer; Free zone but not Timeshare
26. Color of badge for a developer specific broker?: Green badge
27. Color of badge for a free zone only broker?: Yellow badge
28. Color of badge for a time-share broker?: Red badge
(Only Red badges can do time share an vice versa)
29. Time limit to apply for renewal of broker's license: 1 month
30. What is ORN?: Office Registration Number
31. What is BRN?: Broker Registration Number
32. Rental commission norm: 5%
(You can charge more if you inform them of the norm)
33. How much can a developer charge in admin fees
(NOC) for a finished property?: 500 dhs
34. How much can a developer charge in admin fees(NOC) for unfinished
property?: 5000 dhs
35. A developer must establish an OA within x days of the first unit being
sold..: x = 90 days
36. All sales of multi unit properties must be attached to an JOPD: True
37. OA appoints a service manager who carries out..: MOM (Management,
Operation and maintenance)
38. OA convenes an AGM to appoint Board, which numbers:: 5 or 7 with 3 spare.
39. The developer can own a max of what percentage of a building?: 50%
40. How long does a developer warrantee the building for?: 10 Years
41. What is the name of the system every broker must be registered on?: SIM-
SARI
42. What is Form A?: Between Seller & Broker
43. What is Form B?: Between Buyer and Broker

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