Hawaii Real Estate Test Questions and Answers Already Passed
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Course
Hawaii Real Estate
Institution
Hawaii Real Estate
Hawaii Real Estate Test Questions and
Answers Already Passed
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 aspec...
Hawaii Real Estate Test Questions and
Answers Already Passed
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)
Abutting Owner ✔✔Land touches highway or public place
Accredited Property Manager ✔✔One awarded such a designation by Institute of Real Estate
Management (IREM).
Acceleration Clause ✔✔Default of mortgage payment leads to immediate full payment of
balance
Access Rights and Permissions ✔✔Right for owner to enter
,accession ✔✔Property acquired by joining with another
accretion ✔✔Addition to land (natural)
acknowledgement ✔✔Formal declaration (notary)
acre ✔✔43,560 square feet (7/11)
Accrued Depreciation ✔✔Loss of value due to physical change
Actual Authority ✔✔Principal to agent
Adjoining owner ✔✔One whose property is contiguous; to be next to
administrator ✔✔Person appointed to admin estate after death (no will)
,Ad Valoren ✔✔Tax according to valuation
Adverse possession ✔✔Open an hostile 20 years (title taken)
affidavit ✔✔a sworn written statement
Affirm ✔✔Confirm
Agency ✔✔Act of making agent legal rep
Agreement of Sale ✔✔Buyer agrees to buy/seller agrees to sell upon conditions met
Air Rights ✔✔Space above property
Alienation ✔✔Transfer of title to real property
allegation ✔✔a formal accusation
, Alluvion ✔✔Accretion
American Land Title Association (ALTA) ✔✔Title insurance
American society of appraisers (asa) ✔✔A professional organization of appraisers.
Americans with Disabilities Act ✔✔Can't discriminate
Amortization ✔✔Installments to pay off debt
Anchor tenant ✔✔Major tenant at shopping center that serves to attract customers
Annexation ✔✔Joining one thing to another
Annual Percentage Rate (APR) ✔✔the cost of credit on a yearly basis, expressed as a percentage
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