Rera Exam Perfectly Arranged And Designed

Rera Exam Perfectly Arranged And Designed Highest Burj Khalifa -ANS-829,8 (2722 ft) Business Bay number of buldings -ANS-240 (completed 2008) Palm Jumeirah -ANS-3 Palms 520 km by Nakheel Al Maktoum International Airport -ANS-Projected anual capacity 160 Million passanger The World Island -ANS-by Nakheel Dubai Land Department (DLD) -ANS-The main objective of DLD is to organize and documents all real estate transaction for and behalf Dubai Goverment. established 24.01.1960 RERA -ANS-Real Estate Regulatory Agency. Rera regulates the real estate investment in the emirate of Dubai. Launched 31 of July 2007. Objectives of RERA -ANS-RERA Role is: - Licensing all real estate activities. - Managing and organizing real estate developers' trust accounts. - Licensing and organizing real estate agents. - Regulating and registering Rental Agreements. -Regulating and supervising the owners associations. Regulation #3 of 2006 -ANS-In 2001 Dubai Goverment agreed to allow expats to have 99-year lease of particular property. In 2002 Sheikh Mohammed bin Rashid Al Maktoum, issued a decree allowing foreigners to buy property on freehold ownership. Freehold -ANS-You own property and land Forever. Leasehold -ANS-You own property but not land