Term 1 of 130
T or F: In order to acquire a right in the land of another by prescriptive easement in Hawaii,
permission of the owner must occurr.
True
False
Term 2 of 130
T or F: In order to acquire a right in the land of another by prescriptive easement in Hawaii,
continuous and uninterrupted use for 20 years must occurr.
True
False
Term 3 of 130
What is a higher density development with smaller lots, closer dwellings and recreational space
set aside for the use of all owners and tenants?
Pash Ruling.
The State Of Hawaii.
Planned Development Housing.
Time Share Unit
,Term 4 of 130
In the Land Court System, title transfers at:
Delivery of the deed.
Registration of the new title on the Transfer Certificate of Title.
Acceptance by the buyer.
Issuance of a lien letter.
Term 5 of 130
The conveyance tax on a condominium in Hawaii valued at $1,850,000 that is inherited by a family
living in Texas would be:
$1850
$2775
$4625
$0
Term 6 of 130
T or F: Unless otherwise stated in the declaration or bylaws, common profits are distributed to the
unit owners according to their individual usage of the common elements.
True
False
,Term 7 of 130
An agreement of sale transaction requires two closings, one for possession and one for title.
Which charge is not included in both closings?
Title search
Escrow fee
Preparation of documents
Conveyance tax
Term 8 of 130
T or F: Regarding a judgment lien in Hawaii, the encumbrance on the property is removed when
the debt is paid, the debtor files a satisfaction of lien and the satisfaction of lien is recorded.
True
False
Term 9 of 130
T or F: Real property taxes are assessed on the entire project and prorated according to each unit
owner's percent of common interest.
True
False
Term 10 of 130
T or F: Regarding a judgment lien in Hawaii, the statutory time limit for a judgment lien is 10 years.
True
False
, Term 11 of 130
Early in the process of developing a condominium the Commission will examine the project and
issue:
Building permits for construction.
Environmental impact assessment.
An effective date for the public report.
Zoning regulations for the area.
Term 12 of 130
In order to enter into a legally enforceable contract in Hawaii, a person must be at least how old?
18 years old
16 years old
21 years old
18 and older
Term 13 of 130
T or F: In order to acquire a right in the land of another by prescriptive easement in Hawaii, open,
notorious and visible use must occurr.
True
False
Term 14 of 130
T or F: A benefit of placing real property in a land trust may be that it prevents partitioning.
True
False
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