RERA Real Estate Regulatory Authority Dubai Real Estate, Land Department UPDATED ACTUAL Exam Questions and CORRECT Answers

RERA Real Estate Regulatory Authority-
Dubai Real Estate, Land Department
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Main policy of RERA - CORRECT ANSWER - set policy, procedure and such for
transactions in real estate in order to increase foreign investments and have one central place to
secure all parties involved.


Emaar developed - CORRECT ANSWER - the springs, meadows, parts of marina, burj
khalifa, the greens, lots of downtown


nakheel developed - CORRECT ANSWER - palm jumeiarh, international city,



land department established - CORRECT ANSWER - 1960 january


organize transactions, documents for all parties in real estate for govt of dubai - CORRECT
ANSWER - land dept



relationship between rera and land dept - CORRECT ANSWER - rera is subsidiary to land
dept.


rera does what - CORRECT ANSWER - regulates real estate in dubai



rera launched in - CORRECT ANSWER - 2007



rera is - CORRECT ANSWER - a government agency with its own financial admin
independence to make full legal authority to regulate

, rera's responsibilities - CORRECT ANSWER - Regulate Real Estate:
Agents
HOA's
Rental agreements
developer escrows
Activities
Advertising


four types of broker cards - CORRECT ANSWER - time share
free zone for specific area
all of dubai
developer properties only


agent code of ethics - CORRECT ANSWER - fair treatment
respectful treatment
privacy
trust
quality
respect laws
integrity
society obligations
interest of contracting party
respect documets
respect land dept regulations


6 ways to evict a tenant - CORRECT ANSWER - damage
illegal
not paying