Saturday, May 29, 2021

Rera Exam Questions And Answers 2021

  • [DOWNLOAD] Rera Exam Questions And Answers 2021 | updated!

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  • Florida Real Estate Exam Applicants 100-Question Practice Exam

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  • Dubai Property Brokers Must Pass Rera Test To Renew Licence

    General FAQs 1. What are the objects and reasons for which the Real Estate Regulation and Development Act has been framed? Which areas of Maharashtra are included in the Planning Area as defined in the Act? Ans: The Act covers all bodies private and public which develop real estate projects for sale to the general public. Thus, both Development Authorities and the Housing Boards, when involved in sale are covered under the Act.

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  • How To Become A Real Estate Agent In Dubai

    If a real estate project has land area more than sqmts but containing less than 8 apartments. Does it still need to be registered? Every real estate project which has land area more than sqmts or has more than 8 apartments needs to be registered 5. If a real estate project has land area less than sqmts but contains more than 8 apartments. Every real estate project which has land area more than sqmts or has more than 8 apartments needs to be registered 6. Does advertisement include solicitation by emails and sms? Prospectus, which is intended for sale of apartment in real estate project, will also be covered. Can advertisement be issued for a new project after 1 st May, without registering the said project? Ans: No. Is it permissible to sell parking to allottees?

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  • CPR Practice Test Questions And Answers

    What is the obligation of the promoter towards return of amount and compensation to the allottee? Ans: Section 18 of the Act provides for provisions as regards various situations in which the allottee would be compensated by the promoter due to delay in completion of the project etc. Ans: An aggrieved person can only approach one of the two forums for redressal of his grievance. Is there some fee, in addition to the fees prescribed in the Rules, to be charged from promoters, real estate agents and complainants for the MahaRERA website uploading and online services?

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  • Rajya Sabha Passed Real Estate (Regulation And Development) Bill, 2015

    Ans: Yes. Is it mandatory for the promoter to obtain permissions for the real estate project before applying for registration to MahaRERA? Ans: Yes, the layout of the real estate project has to be approved. However, the promoter may include some buildings in his application of registration where apartments are proposed and the Building approvals are pending. Building Approval for the apartment must be obtained before the agreement for sale is signed between the promoter and buyer, regarding the said apartment. What is the penalty prescribed for non-registration of a project under the Act?

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  • ServSafe Practice Test 2021: Question & Answer Keys [PDF]

    Ans: If any promoter fails to register as per Act, he shall be liable to a penalty which may extend up to ten per cent of the estimated cost of the real estate project. On continued violation, he shall be punishable with imprisonment for a term which may extend up to three years or with fine which may extend up to a further ten per cent of the estimated cost of the real estate project, or with both. It is mandatory that the advertisement for marketing of apartments in the real estate project must carry the MahaRERA registration number. Whether registration of real estate agents would be project specific, location specific or individual specific? Promoters while applying for registration of any real estate project will have to indicate the names of registered real estate agents who will be working as agents in the said project. Names of such agents will be displayed along with other project specifications on the MahaRERA website, upon registration of the project.

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    Ans: If any real estate agent fails to register and contravenes the provisions of section 9 or section 10 of the Act, he shall be liable to a penalty of ten thousand rupees for every day during which such default continues, which may cumulatively extend up to five per cent of the cost of plot, apartment or buildings, as the case may be, of the real estate project, for which the sale or purchase has been facilitated as determined by MahaRERA. Is the promoter required to give any undertaking to MahaRERA for completing his project within a specified period? Ans: Yes, in accordance with the provisions of the Act, the promoter, while applying for registration to MahaRERA, has to give a declaration, supported by an affidavit, indicating the time period within which he undertakes to complete the project or phase thereof, as the case may be.

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  • Related Articles

    If the registration of a real estate project is revoked for any reason, how will the interest of the buyer, in such project, be protected by MahaRERA? In case of delay in getting possession from the promoter, will the buyer be entitled to get interest on the amount paid by him, for such delayed period? Will such interest payment by the promoter to the buyer be automatic or the buyer will have to approach MahaRERA? Ans: The interest payment is in accordance with the model form of agreement and hence should be automatically paid. Ans: In accordance with the model form of agreement, the Allottee has to pay to the Promoter, a rate of interest equal to the State Bank of India highest Marginal Cost of Lending Rate plus two percent, on all the amounts which become due and payable by the Allottee to the Promoter under the terms of the Agreement from the date the said amount is payable by the allottee s to the Promoter.

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  • CSC TEC Exam Questions And Answers 2021 To Score 90% + Marks

    What are the provisions for an aggrieved person to lodge a complaint? Rules, provide for filing of complaint with MahaRERA, by an aggrieved person who has any interest in the registered project. It shall include the following details: — Registration number of the project to which the complaint pertains — Particulars of the complainant and respondent — Facts of the case — List of Enclosures and so on Can a promoter or a real estate agent also file complaint against a buyer?

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  • RERA Comes Into Effect: Still Confused About New Law? Here Are 10 Key Questions Answered

    An aggrieved person having any interest in the registered real estate project can file complaint. Is there any provision for interim relief to be granted, pending the final adjudication of the complaint? Rules, Where will the aggrieved home buyer be required to file his complaint? On what grounds can the home buyer file a complaint? Ans: An aggrieved person may file a complaint with MahaRERA for any violation or contravention of the provisions of the Act or the Rules or Regulations made there under.

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  • SSC CGL Tier 2 English Paper Solved Question Paper With Answer Key Exam 2021

    Who would decide the complaints? Ans: As per Regulation 24 of Maharashtra Real Estate Regulatory Authority General Regulations , for adjudication proceedings with respect to complaints filed, MahaRERA may, by order, direct that specific matters or issues be heard and decided by a single bench of either the Chairperson or any Member of the Authority. Is there any pecuniary jurisdiction for complaint handling Authorities? Is there any time limit prescribed for disposal of complaints? Ans: Section 29 of the Act provides that complaints should be disposed off as expeditiously as possible but not later than sixty days from the date of filing the same.

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  • 5 Tips For Passing Your Real Estate Exam

    However, where it cannot be disposed of during the said period, the Real Estate Regulatory Authority is required to record its reasons for the same. If the buyer wants to file a complaint in Consumer Court, is there any bar under the Act? As per section 79 of the Act, civil courts are barred from entertaining disputes suits or proceedings in respect of matters which Real Estate Regulatory Authority or the adjudicating officer or the Appellate Tribunal is empowered under the Act to determine. However, the consumer forums National, State or District have not been barred from the ambit of the Act. Section 71 proviso permits the complainant to withdraw his complaint as regards matters under section 12, 14, 18 and section 19, from the consumer forum and file it with the adjudicating officer appointed under the Act Is there a time limit? What are the fees?

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  • Real Estate Broker Practice Test

    Is there any time limit prescribed for the promoter for formation of society or any other legal entity of home buyers? Is there a time limit prescribed for the promoter to execute conveyance in favour of the association of buyers? Ans: Promoter shall execute a registered conveyance deed in favour of the allottee within three months from date of issue of occupancy certificate or fifty one per cent of the total number of Purchasers, in such a building or a wing, has paid the full consideration to the promoter, whichever is earlier. How does the Act Impact Joint Promoters or joint Venture Agreements or cases of joint development with land owner on revenue share basis or area share basis, where landlord and promoter are two different parties but both are beneficiaries of sale of project? Ans: The Act makes both the Promoters and the landlord or any such parties which are beneficiary of a sale of a project and receive payments from allottees as Co-Promoters and hence liable to adhere to the provisions of the Act and Rules and Regulations made there under.

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  • Maryland MVA Practice Test (MD) 2021

    How does the promoter make an application for registration? All promoters shall make their applications online through this IT solution, filling the details in the requisite forms, uploading the required documents and paying the necessary fees. Is it compulsory for the promoter to register the project immediately after he gets sanctioned approvals? Ans: Promoter has to register the project before he starts any form of advertising, marketing, booking, selling, offer for selling or inviting people to purchase plots, apartment or buildings.

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  • Free Real Estate Practice Exams [2021 Update]

    Will ongoing Project have to stop sales or construction till receiving the Registration? Ans: At the end of ninety days from the date of notification of Section 3 of the Act, the promoter of an ongoing project shall not advertise, market, book, sell or offer for sale or invite persons to purchase in any manner any plot, apartment or building, unless he registers the project. Can promoter change the completion date for ongoing projects while registering?

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  • CNA Practice Exam - Certified Nursing Assistant

    Ans: Yes, while registering project, promoter needs to give revised date of completion which should be commensurate with the amount of development completed If an ongoing project is registered under MahaRERA, then will the Act be applicable for the entire project or will it be applicable only to units sold after registration? Can an allottee who has executed agreement with the promoter prior to the on-going project getting registered with the Authority, be a complainant before MahaRERA? This will include an allottee who has an agreement executed before the project is registered with MahaRERA.

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  • Oregon DMV Practice Test (OR) 2021

    Ans: MahaRERA protects the interest of all the Allottees; including those who have executed an agreement before the project is registered under its provisions Hence, if the promoter wants to change the plans post registration, then consent of all pre-registration allottees shall be required as well. The promoter can hand over the common amenities only after completing subsequent phases. What should he commit to the customer for the registered phase?

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  • Recent Questions And Sample Answers (January ) - IELTS Podcast

    Each phase along with the development works shall have to completed and handed over to the allottee within the time frame defined by the promoter, during registration, for that phase of the project. Is insurance of the project compulsory? What are the provisions regarding Insurance? Ans: Promoter has to obtain all such insurance as notified by the State Government. So insurance will be compulsory only after the Notification is issued by the State Government. The Act says that the State Government can prescribe various types of insurance including but not limited to a Title of the land and building as a part of the real estate project; and b Construction of the real estate project. The documents related to insurance will have to be handed over to the association of allottees when the same is formed. However, the money withdrawn should be utilized towards construction expenses of the project, on priority. Ans: The Act makes both the Promoters and the land owner or any such parties which are beneficiary of a sale of a project and receive payments from allottees, as Co-Promoters and hence liable to adhere to the provisions of the Act and Rules and Regulations made there under.

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  • Free PMP Questions And Answers - Are You Ready For PMP Exam?

    Whether money collected from allottees towards stamp duty, registration, share money for society, deposits for maintenance, corpus funds, infrastructure charges, parking charges etc. Ans: Yes, since these are part of the project cost When does the promoter need to form society, association etc.? If due to a change in government policy, the promoter is entitled to additional FSI etc. Ans: Yes, but consent of allottees would be needed as mentioned in section 14 of the Act.

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  • RERA 2021 Protects The Interest Of Homebuyers

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  • Rera Exam Questions And Answers 2021

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  • Free PMP Questions And Answers – Are You Ready For PMP Exam?

    What are the objectives of RERA, ? All private and public bodies that develop real estate projects which are meant for sale fall under the ambit of this act. The act states that the person who constructs or causes to be constructed, a particular property shall be considered to be the promoters and be jointly responsible for their roles and responsibilities. Initially, the bill was supposed to cover only residential projects. On further amendments, commercial projects including shops, offices and buildings, which are offered for sale are included. Real estate agents, web portals and all parties involved in the sale, purchase and registration of properties are covered by it. Section 5 of the Act provides that the Regulatory Authority need to act on the application within 30 days of receiving it.

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  • Dubai Real Estate Frequently Asked Questions

    It also provides that in case of the Authority failing to take a decision within the said period of 30 days, the project shall be deemed to have been be registered. However, such withdrawal shall be in proportion to the percentage of completion of the said project, and after it is certified by an engineer, an architect and a chartered accountant. What is the rate of payment if the promoter or the allottee defaults?

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  • Rajya Sabha Passed Real Estate (Regulation And Development) Bill,

    The rate of interest payable by either the promoter or allottee shall be at the same percentage. What are the promoters obliged to do in regards of insurance? The promoter is required to obtain insurance of the projects towards title of the land and towards construction of the project and pay the premium and charges in respect of such insurance before transferring the insurance to the association. Can civil courts and consumer forums entertain disputes under this Act? Civil Courts are barred from entertaining any disputes and such cases which the Real Estate Authority or the Adjudicating officer is empowered under the Act. However, where any matter in relation to payment of compensation, pending before any Consumer Forum, State Commission or National Commission, may be withdrawn and be filed before the adjudicating officer under the Act. In case of non-compliance with the guidelines by the Buyer, what are the penalties and punishments?

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  • How To Pass The Real Estate Broker Exam In 8 Steps

    Rated 4. You are allowed no more than 20 minutes to complete the exam. Improve your chances of passing the test by reading the official Maryland drivers manual Drivers Manual Your first task as an aspiring driver will be passing the Maryland MVA test. Get your preparation for this challenging assessment underway today, with the free MVA practice test for Maryland residents provided on this page. The Maryland driving test questions and answers featured on this quiz are just like those you will be presented with during the real multiple-choice permit test. There is no charge for using our MVA permit practice test for Maryland drivers, so you are free to return here as often as you want while studying the MVA manual. Rules of the road and road signs are the same state-wide, so there is no need to look for city-specific learning tools. This MVA learners permit practice test for Maryland students is based around 20 rules of the road and road sign questions. We made the quiz marginally shorter than the real question MVA test, so that it can easily be completed in around five minutes.

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  • RRB NTPC 22 Jan 2021 Answer Key With Question Paper (Available): Check Here

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    When you are ready to focus on road signs, traffic violations or another specific chapter of the MVA handbook, use one of the subject-specific quizzes we provide elsewhere on ePermitTest. While using our permit practice tests is a great way to accelerate your learning and improve your chances of passing the Maryland permit test, none of the quizzes we provide can stand in place of the official MVA handbook. To gain the greatest advantage from using our Maryland MVA practice tests, we suggest alternating between reading each chapter of the handbook and answering questions with this quiz. When you can comfortably pass every ePermitTest. Read more.

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  • Free CNA Practice Exam (Updated )

    The Cabinet decision amends the original announcement by allowing housing projects that have been classified as non-performing assets NPA and that are under National Company Law Tribunal NCLT proceedings also to be eligible for financing. The fund size will initially be Rs. The fund is not capped at Rs. Real Estate Sector Importance: The real estate sector is not only one of the biggest providers of jobs but also has a huge multiplier effect in the economy. Industries ranging from cement and steel to paints and sanitaryware stand to reap the benefits of a healthy real estate sector.

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  • Insights Into Editorial: What Is The Lowdown On The Real Estate Regulation Act

    This is apart from banks and financial institutions. What makes the scheme good is that it will also apply to projects that have been declared as non-performing assets by banks and to those lined up before the insolvency court. Apart from real estate promoters, this will also aid lenders, mainly finance companies and banks, whose funds are locked up in these projects. Most of the stalled projects are solvent but stuck for liquidity and with support from the AIF, can be completed, unlocking value not just for buyers but also precious cash for the project promoters and their lenders. It seeks to address vital issues of fair transactions, timely delivery and quality construction. The regulation has come as a big relief in the backdrop of lakhs of aggrieved home buyers across India protesting against long delays in delivering their homes in which they have invested their hard-earned money. Earlier, home buyers would fall prey to unscrupulous builders, luring them to invest in unapproved projects, promising high returns.

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    But now under RERA, buyers interests are protected as only registered developers can launch projects. Moreover, developers cannot launch and advertise their projects and seek customers bookings, without getting all the required permissions from the authorities. They are also barred from arbitrarily charging the booking amount as under the new regulation, booking amount has been fixed at 10 percent of the property cost. All affordable and middle-income housing projects that are net worth positive and are registered with the Real Estate Regulatory Authority RERA and that have not been deemed liquidation-worthy will be eligible. The AIF is expected to pool investments from other government-related and private investors, including public financial institutions, sovereign wealth funds, public and private banks, domestic pension and provident funds, global pension funds and other institutional investors.

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  • Oregon DMV Practice Test (OR) | + FREE Answers

    Right Implementation is the need of the hour: While the AIF is a good idea, it is important that it is implemented without glitches. Too many good ideas have suffered due to bad implementation. The critical part will be identifying the genuine projects in need of support and ensuring that biases do not creep in. It is not clear, whether sovereign funds and other private investors will really show interest or not. Also, important will be attracting more investors into the AIF.

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  • Insights Into Editorial: Real Estate Shelter: On Alternative Investment Fund

    These need to be followed upon quickly and money should be released from the AIF right away so that the trickle-down effect is felt before the end of this financial year. Along with private money in the AIF will also come return expectations that need to be managed. Conclusion: The fund is therefore expected not only to support the sector but also generate commercial return for its investors. The government further expects this fund to not only ease the stress in the real estate sector but also in other major sectors of the economy as well. The creation of special window for affordable and middle-income housing projects would revive the real estate sector and generate considerable employment. This initiative will have a positive effect in releasing stress in other major sectors of the Indian economy as well.

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  • Kerala PSC 10th Level Preliminary Exam Answer Key - 13 Mar 2021

    This is the role of the nurse, not the CNA. Incorrect answer. Please choose another answer. The director of nursing at your long term care nursing home has assigned you to be in charge of the nursing home for the weekend because she is going away on a cruise vacation to the Caribbean. What should you do? Refuse to do the assignment b. Do the best you can do c. Ask about the details d. Call the owner You must refuse to do the assignment. Supervision is not legally a part of the CNA role. You can be legally charged with unlicensed activity if you accept a job that is not within your legal scope of practice.

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  • BCI AIBE Question Paper Answer Key 2021 Previous Year

    Supervision is not within the scope of practice for a CNA. The CNA should not even consider asking about the details. This is not within your scope of practice. You should notify the next person in the chain of command above the director of nursing if that staff member continues to pressure you to take the job. Which of the following actions is ethically wrong in the care of nursing home residents?

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  • Recent Questions And Sample Answers (January 2021)

    The CNA remains right outside the bathroom door and instructs the patient to pull the call light when they have finished urinating. The CNA wipes the patient's finger with an alcohol swab prior to taking a blood glucose level. The CNA does not let a confused high-fall risk patient ambulate in the halls without assistance. The CNA chooses to complete an incontinence change every 4 hours on a patient who is incontinent every hour. Waiting to change the patient every 4 hours can cause skin breakdown if the patient is incontinent every hour. Changes should happen every 2 hours at the most, and a trained CNA should be aware of these standards. It is appropriate for a CNA to wait right outside the bathroom door to give the patient privacy while urinating, wipe the patient's finger with an alcohol swab when taking a blood glucose level to get an accurate reading and to make sure the high-fall risk patient walks only with assistance in the hallways.

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  • Free Real Estate Practice Exams [] | + Questions

    A patient requires a dressing change for the first time after surgery. Which of the following staff cannot legally change the patient's dressing immediately after surgery? CNA c. MD A CNA cannot change a patient's dressing immediately after surgery as this requires an assessment of the condition of the wound. A physician, RN or LPN can legally make an assessment of the patient's incision and complete the dressing change. Which of the following is now the minimal requirement to be able to legally record and document data, such as vital signs and blood sugar readings, within a hospital setting?

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  • How To Become The Best Real Estate Agent In Dubai | Betterhomes Blog

    Experience c. Licensure d. College Degree Holding a certification, such as a Nursing Assistant Certification, is the minimal requirement to make a legal record of patient information. A nursing or medical license would allow the person to make a legal record of patient data; however, a certification can be obtained prior to licensure. A college degree does not legally allow a person to record patient data. Erikson c. Maslow d. Nightingale Abraham Maslow developed the Hierarchy of Needs. Erik Erikson developed a framework of development tasks; Jean Piaget describes the thinking development of people, and Florence Nightingale is referred to as the Mother of Nursing.

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Act Practice Test Answer Key

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