HAWII REAL ESTATE EXAM STATE ONLY |ACTUAL COMPLETE QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS ) ALREADY GRADED A+.
3 views 0 purchase
Course
HAWII REAL ESTATE
Institution
HAWII REAL ESTATE
HAWII REAL ESTATE EXAM STATE ONLY |ACTUAL
COMPLETE QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS ) ALREADY GRADED A+.
HAWII REAL ESTATE EXAM STATE ONLY |ACTUAL
COMPLETE QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS ) ALREADY GRADED A+.
HAWII REAL ESTATE EXAM STATE ONLY |ACTUAL ...
HAWII REAL ESTATE EXAM STATE ONLY 2024-2025 |ACTUAL
COMPLETE QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS ) ALREADY GRADED A+.
Land ownership documents are recorded in the public record at -
ANSWER-Bureau of Conveyances in Honolulu
The land classification containing the smallest amount of land
statewide is - ANSWER-Rural
A division of land extending from the top of the mountain to the ocean
is called - ANSWER-Ahupua'a
A husband or wife may claim a 1/3 elective share of the other's estate
at the decedent's death under what code? - ANSWER-Under Hawaii's
Uniform Probate Code for properties sold after July 1, 1977.
Under Hawaii's Uniform Probate Code, how much can a spouse claim
at the decedent's death? - ANSWER-1/3 elective share for properties
sold after July 1, 1977.
Jackson Hillario exercised his right of election when his wife died and
left everything to her ex- husband. Will he receive real, personal, or
nothing, or both? How much? - ANSWER-a portion of both her real
and personal property, depending on how long they were married.
,At least one member of the board of directors of a Hawaii corporation
must be: - ANSWER-a resident of Hawaii.
T or F: A benefit of placing real property in a land trust may be that it
avoids ancillary probate for non-residents. - ANSWER-True.
T or F: A benefit of placing real property in a land trust may be that it
allows the property to be registered in Land Court. - ANSWER-False.
T or F: A benefit of placing real property in a land trust may be that it
serves as an alternative to an agreement of sale. - ANSWER-True.
T or F: A benefit of placing real property in a land trust may be that it
prevents partitioning. - ANSWER-True.
The beneficial interest of the owner of real property held in a land
trust is considered what kind of property? - ANSWER-Personal
property
T or F: In Hawaii a partnership which participates in real estate
dealings as part of its business must have an individual licensed
broker designated as the principal broker of the brokerage business. -
ANSWER-True.
T or F: In Hawaii a partnership which participates in real estate
dealings as part of its business must have all members of the
partnership licensed, with one as a licensed broker in charge of the
, brokerage business. - ANSWER-False. It must have an individual
licensed broker designated as the principal broker of the brokerage
business.
T or F: In Hawaii a partnership which participates in real estate
dealings as part of its business must have all persons involved in the
brokerage aspects of the business licensed as brokers. – ANSWER-
False. It must have an individual licensed broker designated as the
principal broker of the brokerage business.
T or F: In Hawaii a partnership which participates in real estate
dealings as part of its business must have a licensed broker to
supervise the licensed salespersons but anyone who is licensed as a
broker may operate independently on behalf of the partnership. -
ANSWER-False. It must have an individual licensed broker designated
as the principal broker of the brokerage business.
What Hawaii state law aims to protect purchasers of subdivided
vacant lots from deceptive practices and abuses? - ANSWER-Uniform
Land Sales and Practices Act (ULSPA)
A prospectus of possible house plans that can be built on the site is: -
ANSWER-a public offering statement
How many days must the subdivider give the prospective purchaser
to review the public offering statement? - ANSWER-Seven
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nyagajoseph539. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $20.49. You're not tied to anything after your purchase.
