Exam (elaborations)
Hawaii Real Estate Exam Study Guide 2024 Questions With Correct Answers!!
- Course
- Institution
Hawaii Real Estate Exam Study Guide 2024 Questions With Correct Answers!!
[Show more]
Content preview
Name: Score:72 Multiple choice questions
Term 1 of 72
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. Easement in Gross
2. Easement Appurtenant
1. Urban
2. Agricultural
3. Rural
4. Conservation
1. Freehold Estates
2. Leasehold Estates
- Lands in the existing forest and water reserve zones
- State administers
,Term 2 of 72
Chp. 5 Easements, Restrictions, and Adverse Possession
6 Creation of Easements
1. Express grant or reservation (deed)
2. Implied grant or reservation
3. Prescription
4. Condemnation
5. Necessity
6. Dedication
1. Hostile or Adverse
2. Actual, Open, and Notorious
3. Exclusive
4. Continous
5. Under Claim of Right
1. Covenants: performance or non-performance of certain acts relating to ownership of
land
2. Conditions
Right or interest in land, possessed by a stranger to the title, which diminishes the value or
use of the owner's estate therein
,Definition 3 of 72
1. Right to eminent domain (right to seize property with for public use/good, fair compensation)
2. Escheat (right of State to seize land after 15 years to claim abandoned land)
3. Taxation (right of government ti tax real estate to support itself)
4. Police Power (right to regulate land use through zoning or city planning
Chp. 4 Estates and Interests in Real Property
2 types of Fee Simple Defeasible
Chp. 4 Estates and Interests in Real Property
Fee Simple- 4 Government Limitations
Chp. 4 Estates and Interests in Real Property
a) Fee simple, Fee, Fee Simple Absolute
Chp. 4 Estates and Interests in Real Property
i. Fee simple condition subsequent
, Term 4 of 72
Chp. 5 Easements, Restrictions, and Adverse Possession
3. Prescription
- Those that affect the physical condition or the use of property (easements, restrictions,
and encroachments)
- Those that affect the title (liens; mortgage liens, tax liens, or judgements)
- The possession of land must be exclusive to the party making the claim and not shared
with owner
- When easement is absolutely necessary to the reasonable use of a piece of property
- The servient is one providing easement, and will decide where to locate it.
- Dominant will have right to easement
- Right to easement in the land of another by use for a continuous period of time
- "Prescriptive Period"
- Similar to adverse possession
- 20 years
Term 5 of 72
Chp. 2 Land, Land Elements, and Water
Q: Rose Bush and Hedges planted?
Claim Against Property By A Party That Is Not The Owner
Land
Real Property
Real Estate
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 stuuviaa. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79650 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now