Dubai Rera Broker Exam 2024 With 100% Correct Answers

Class B Brokers {Ans: Must take a RERA DREI Test}Color of badge for a general broker? {Ans: Blue badge All properties, Developer; Free zone but not Timeshare}OA convenes an AGM to appoint Board, which numbers: {Ans: 5 or 7 with 3 spare.}Form A can be of what 3 types? {Ans: 1. Exclusive 2. Sole 3. Open Listed (max 3)}Which laws applies to Rentals Increases / Decreases {Ans: Decree No. 1/2009 Decree No. 2/2001}Mortgage registration must include what information? {Ans: 1. The property 2. The Mortgagor (borrower) 3. The mortgagee (lender) 4. The Guarantor}A developer must establish an OA within x days of the first unit being sold.. {Ans: x = 90 days}How long does a developer warrantee the building for? {Ans: 10 Years}Max number of days that a sales is valid for? {Ans: 3 Days}Structure of the Dubai Real Estate Legal System {Ans: 1. Institutions 2. Registries 3. Laws}What are the borrower's obligations and restrictions until the loan is discharged? {Ans: 1. Not sell or gift the property without permission. 2. Create a right in-rem without permission. 3. Keep the property in good condition}What is a project's escrow account