Study guides, Class notes & Summaries

Unilateral Contract - ANS Contract containing ONE promise given in exchange for completing an act. NO obligation to act. Bilateral Contract - ANS Contract containing TWO promises. Example: A listing agreement is a bilateral contract Client/Principal - ANS A person who has entered into an agency relationship w/ a licensee & with whom there is a written contract Customer - ANS Any 3rd party w/ whom a licensee works In-Company Transaction - ANS Transaction ...

A real estate licensee has a buyer agency agreement. What is the seller in this situation? - ANS A customer. An optionor and an optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform? - ANS He must exercise his option under the terms of the option contract. When can a landlord evict a disabled blind or disabled tenant from the premises? - ANS If the tenant has loud parties, makes too m...

Which law applies to Land Registration & Ownership (Role of DLD) - ANS Law No. 7/2006 Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - ANS Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers - ANS Law No. 85/2006 Which law applies to Establishment of RERA - ANS Law No. 16/2007 Which law applies to Escrow Accounts - ANS Law No. 8/2007 Which law applies to Tenancy Law - ANS Law No...

1. Brokerage definition... - ANS the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? - ANS schools and cemetery 3. What is an example of functional obsolescence? - ANS bathroom 4. Principal definition... - ANS a consumer of real estate services who has entered into an agency relationship with a broker or another licensee employed by a broker. 5. Capitalization definition... - ANS the pro...

Law No. 7/2006 - ANS Which law applies to Land Registration & Ownership (Role of DLD) Regulation No. 3 of 2006 - ANS Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) Law No. 85/2006 - ANS Which law applies to Regulation of Real Estate Brokers Law No. 16/2007 - ANS Which law applies to Establishment of RERA Law No. 8/2007 - ANS Which law applies to Escrow Accounts Law No. 26/2007 Law No. 33/2008 (amendment) - ANS ...

Main policy of RERA - ANS 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 - ANS the springs, meadows, parts of marina, burj khalifa, the greens, lots of downtown nakheel developed - ANS palm jumeiarh, international city, land department established - ANS 1960 january organize transactions, documents for all parties in real estate f...

Which law applies to Land Registration & Ownership (Role of DLD) - ANS Law No. 7/2006 Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - ANS Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers - ANS Law No. 85/2006 Which law applies to Establishment of RERA - ANS Law No. 16/2007 Which law applies to Escrow Accounts - ANS Law No. 8/2007 Which law applies to Tenancy Law - ANS Law No...

Highest Burj Khalifa - ANS 829,8 (2722 ft) Business Bay number of buildings - ANS 240 (completed 2008) Palm Jumeirah - ANS 3 Palms 520 km by Nakheel Al Maktoum International Airport - ANS Projected annual capacity 160 Million passenger The World Island - ANS by Nakheel Dubai Land Department (DLD) - ANS The main objective of DLD is to organize and document all real estate transactions for and behalf of the Dubai Government. established 24.01.1960...

Rera Exam Questions And Answers All Verified 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 Government. establ...

Dubai RERA Broker Exam Questions And Answers All Verified Which law applies to Land Registration & Ownership (Role of DLD) - ANS Law No. 7/2006 Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - ANS Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers - ANS Law No. 85/2006 Which law applies to Establishment of RERA - ANS Law No. 16/2007 Which law applies to Escrow Accounts - ANS Law No. 8/2007 Which ...