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Glossary
6 available 6 • View allStrict liability 0
Sometimes called absolute liability, is the legal responsibility for damages, or injury, even if the person found to be strictly liable was not at fault or negligent. Strict liability is especially found in product liability cases.
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Vicarious liability 0
A strict form of secondary liability that arises under the doctrine of agency – the responsibility of the superior for the acts of their subordinate, or, more broadly, the responsibility of any third party that had the right, ability or duty to control the actions of a violator.
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Joint liability 0
An arrangement where all of the parties involved are each liable up to the full amount of the relevant obligation. If one party dies, disappears or is declared bankrupt the others remain fully liable. The converse is several or proportionate liability, where the parties are liable only for their respective obligations and not for the obligations of any of the other parties.
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Limitation of liability clause 0
A clause in a contract that restricts the amount of money that can be claimed in court by a party to the contract that has suffered financial loss as a result of a breach of contract by the other to the contract.
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DLD 44
DLD stands for Dubai Land Department, a government entity established on January 24, 1960, to handle all matters related to the legalization of real estate transactions in the Emirate of Dubai.
On September 18, 2013, H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai, issued the Law No. (7) of 2013 Concerning the Land Department which defines objectives of DLD as the government entity responsible for regulation and registration of real estate property and promotion of real estate investment.
The department also actively develops the necessary legislation to propel the real estate sector in Dubai and distributes knowledge in real estate. Today, DLD provides more than 160 services going beyond just registration and titling.
Organisational structure of Dubai Land Department includes:
Real Estate Registration which documents and retains real estate rights in the land registry system (the registration arm);
Real Estate Regulatory Agency (RERA) which regulates the real estate sector in the emirate (the regulatory arm);
Real Estate Investment Management & Promotion Center supports national and international real estate investors, develops the real estate investment environment and promotes direct and long-term investments (the investment arm);
Rental Disputes Settlement Center (also known as Rental Committee) which deals with rent disputes arising between those involved in the real property rental sector and other related sectors (the judicial arm);
Dubai Real Estate Institute (DREI) which aims to create, spread and sustain real estate knowledge in the market (the educational arm).
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RERA 13
RERA stands for Dubai Real Estate Regulatory Agency, a government agency, the regulatory arm of Dubai Land Department. RERA was founded on July 31, 2007, by virtue of Dubai Law No. (16) of 2007 Establishing the Real Estate Regulatory Agency.
The primary objective of the Agency is to regulate the real estate sector in the Emirate of Dubai by contributing to the preparation of strategies related to the industry and to the development and implementation of the required action plans, including setting legislation regulating the relationship between contracting parties in the real estate market.
RERA involved in planning, organising and evaluating operations related to real estate licenses, organisation and development of real estate activities, monitoring property development projects financially and technically, to protect investors.
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