DUBAI RERA EXAM LATEST -

DUBAI RERA EXAM LATEST -

EXAM QUESTIONS AND CORRECT

ANSWERS|AGRADE

Which law applies to Land Registration & Ownership (Role of DLD) - ANSWER- Law No.

7/2006

Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - ANSWER- Regulation No. 3 of 2006

Which law applies to Regulation of Real Estate Brokers - ANSWER- Law No. 85/2006

Which law applies to Establishment of RERA - ANSWER- Law No. 16/2007

Which law applies to Escrow Accounts - ANSWER- Law No. 8/2007

Which law applies to Tenancy Law - ANSWER- Law No. 26/2007 Law No. 33/2008 (amendment)

Which law applies to Jointly Owned Property ("JOPs") - ANSWER- Law No. 27/2007

Which laws applies to Interim Pre-Title Register - ANSWER- Law No. 13/2008 Law No. 9/2009 Decree No. 6/2010 1 / 2

Which law applies to Mortgage Law - ANSWER- Law No. 14/2008

Which laws applies to Rentals Increases / Decreases - ANSWER- Decree No. 1/2009 Decree No. 2/2001

What does a transaction that is concluded contrary to Law 7 of 2006 result in? - ANSWER- A Breach of the Criminal Code, which could lead to prosecution and professional sanctions.

Structure of the Dubai Real Estate Legal System - ANSWER- 1. Institutions

• Registries
• Laws

Real Property Register - ANSWER- "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".

Sale of an off-plan unit must be registered... - ANSWER- ...in the Interim Real Estate Register

Project Registration with RERA includes - ANSWER- 1. Plans of the unit

• Apartment numbers
• Internal and external size
• Common area plans

Class A Brokers - ANSWER- Exempt of taking the test

Class B Brokers - ANSWER- Must take a RERA DREI Test

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