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HAWAII REAL ESTATE EXAM STUDY GUIDE QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE £11.22   Add to cart

Exam (elaborations)

HAWAII REAL ESTATE EXAM STUDY GUIDE QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE

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  • Module
  • REAL ESTATE
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  • REAL ESTATE

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 Blockbusting -:- Making you feel uncomfortable about who moved in your neighborhood Ste...

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  • September 17, 2024
  • 73
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • REAL ESTATE
  • REAL ESTATE
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




HAWAII REAL ESTATE EXAM STUDY
GUIDE QUESTIONS AND CORRECT
ANSWERS | LATEST UPDATE
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




Blockbusting


✓ -:- Making you feel uncomfortable about who moved in your

neighborhood




Steering


✓ -:- Race not fitting in with another race.




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,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




Land contract


✓ -:- Installment contract/agreement of sale




Seller removed two speakers after the closing and to hold a letter to the attic is his mom.

What kind of remediation can the buyer pursue.


✓ -:- Seller is liable, buyer can sue.




Can seller's agent withhold money from seller's proceeds because the buyer is not satisfied

with the buyer - seller agreement repair?


✓ -:- No, only escrow can withhold money




The purpose of FHA?


✓ -:- Is to guarantee hi loan-to-value transaction. Stabilize the market

insurance program.




Does Hawaii statute cover fractional ownership?


✓ -:- Yes. Six owners or less.




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,2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




Why is planned development needed?


✓ -:- Make better use of the land.




SMA stands for


✓ -:- Special management area




Special management area is to protect


✓ -:- The ocean (wetlands).




About Radon


✓ -:- Easy to detect cheap to fix




Sets back vs zoning


✓ -:- Set back - 5 ft to 10 ft from Street

zoning - resort, business, agricultural; controls what to do with lands.




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, 2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




Who pays for drawing the deed?


✓ -:- Seller




In a "as is" contract, does the seller still need to get full written disclosure.


✓ -:- Yes




Hula Mae loans - at least _ _ year lease and _ _ years fix rate.


✓ -:- 35 year lease and 10 years fix lease.




Not including executive meeting, who can attend board meetings?


✓ -:- Members of the association and all owners of the condo.




What is the Usery interest rate?


✓ -:- 12%




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