Hawaii Real Estate Bundle| All Exam Questions with Correct Answers Compiled| 100% Pass| 2023 Update

Hawaii Revised Statutes include specific chapter on all of the following forms of property ownership EXCEPT: A. Timeshares B. Cooperative housing C. Fractional ownership D. Planned communities C. Fractional ownership

Chp. 1 History and Development of Hawaii Real Estate State Land Use Commission (LUC) classified all lands in the State into 4 land use districts 1. Urban 2. Agricultural 3. Rural 4. Conservation

Land ownership documents are recorded in the public record at Bureau of Conveyances in Honolulu The land classification containing the smallest amount of land state-wide is Rural A division of land extending from the top of the mountain to the ocean is called Ahupua'a

Four land divisions in correct sequence. Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modular Pre-fabricated buildings

Which of the following is true with regard to timeshare sales? Within seven calendar days after the execution of the contract to purchase an interest in a timeshare plan or receipt of a disclosure statement, whichever occurs later, either party may cancel the contract without penalty

The Real Estate Commission has nine members, all of whom must be licensed real estate brokers. False caretaker or custodian who leases or offers to lease, or rents or offers to rent condominium units on behalf of an association of condominium owners is required to be licensed. True

Hawaii, mineral rights usually belong to State of Hawaii Hawaii state law the boundary line between public and private shoreline property is determined by High wash and waves Hawaii land owners most commonly own Air Rights

Abandonment the relinquishment of all rights and title to a property with no intention of reclaiming ownership abstract Disclosure statement to initial condo purchasers Abstract of Title Condensed history of Titel (all recorded aspects)

At what point do obligations under the Landlord/Tenant Code End: A) The tenant vacates B) The tenant and Landlord resolve disbursement of the security deposit C) The tenant stops paying rent D) The landlord quits A) The tenant vacate