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Ajman Real Estate Regulatory Agency, the Glossary

The Ajman Real Estate Regulatory Agency (ARRA, ARERA or Ajman RERA) is an Ajman, United Arab Emirates based government regulatory authority responsible for the regulation and licensing of Ajman's real estate market, consumer protection and dispute resolution.^[1]

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19 relations: Ajman, AMEinfo.com, Apartment, Consumer protection, Dispute resolution, Dubai Real Estate Regulatory Agency, Escrow, Freehold (law), Gulf News, Land (economics), License, Real estate, Regulation, Regulatory agency, The National (Abu Dhabi), United Arab Emirates, United Arab Emirates dirham, United States dollar, Villa.
Economy of the Emirate of Ajman
Government agencies of Ajman
Real estate industry trade groups

Ajman

Ajman (عجمان; Gulf Arabic: عيمان ʿYmān) is the capital of the emirate of Ajman in the United Arab Emirates.

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AMEinfo.com

AMEinfo.com is a provider of online business information about the Middle East region.

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Apartment

An apartment (North American English), flat (British English, Indian English, South African English), or unit (Australian English) is a self-contained housing unit (a type of residential real estate) that occupies part of a building, generally on a single storey.

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Consumer protection

Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace.

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Dispute resolution

Dispute resolution or dispute settlement is the process of resolving disputes between parties.

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Dubai Real Estate Regulatory Agency

The Real Estate Regulatory Agency (RERA; مؤسسة التنظيمالعقاري) is a government agency to regulate the real estate sector in Dubai, the governmental Dubai Land Department.

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Escrow

An escrow is a contractual arrangement in which a third party (the stakeholder or escrow agent) receives and disburses money or property for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties.

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Freehold (law)

A freehold, in common law jurisdictions such as England and Wales, Australia, Canada, Ireland, and twenty states in the United States, is the common mode of ownership of real property, or land, and all immovable structures attached to such land.

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Gulf News

Gulf News is a daily English language newspaper published from Dubai, United Arab Emirates.

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Land (economics)

In economics, land comprises all naturally occurring resources as well as geographic land.

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License

A license (US) or licence (Commonwealth) is an official permission or permit to do, use, or own something (as well as the document of that permission or permit).

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Real estate

Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.

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Regulation

Regulation is the management of complex systems according to a set of rules and trends.

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Regulatory agency

A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous dominion over some area of human activity in a licensing and regulating capacity.

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The National (Abu Dhabi)

The National is a UAE state-owned English-language daily newspaper published in Abu Dhabi, United Arab Emirates.

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United Arab Emirates

The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East.

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United Arab Emirates dirham

The Arab Emirates Dirham (درهمإماراتي, abbreviation: د.إ in Arabic, Dh (singular) and Dhs (plural) or DH in Latin; ISO code: AED is the official currency of the United Arab Emirates. The dirham is subdivided into 100. It is pegged to the United States Dollar at a constant exchange rate of approximately 3.67 AED to 1 USD.

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United States dollar

The United States dollar (symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.

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Villa

A villa is a type of house that was originally an ancient Roman upper class country house.

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References

[1] https://en.wikipedia.org/wiki/Ajman_Real_Estate_Regulatory_Agency

Also known as Ajman RERA.