Bundle for Hawaii Real Estate Exam State, Hawaii Real Estate Licensing Law & Rules Questions and Answers, Module 1 and module 4: Hawaii Pre-Licensing Real Estate Class Questions and Answers Graded A

Hawaii Revised Statutes include specific chapter on all of the following forms of property ownership EXCEPT: A. Timeshares B. Cooperative housing C. Fractional ownership D. Planned communities C. Fractional ownership Client trust funds shall be placed into the brokerage trust account: A. On ...

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. Urban 2. Agricultural 3. Rural 4. Conservation Chp. 1 History and Development of Hawaii Real Estate 1. Urban Districts - Zoned into improved and ...

Land ownership documents are recorded in the public record at Bureau of Conveyances in Honolulu The land classification containing the smallest amount of land state-wide is Rural A division of land extending from the top of the mountain to the ocean is called Ahupua'a A husband or wife may clai...

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 i...

Which of the following is true with regard to timeshare sales? Within seven calendar days after the execution of the contract to purchase an interest in a timeshare plan or receipt of a disclosure statement, whichever occurs later, either party may cancel the contract without penalty. If 40% or ...

The Real Estate Commission has nine members, all of whom must be licensed real estate brokers. False caretaker or custodian who leases or offers to lease, or rents or offers to rent condominium units on behalf of an association of condominium owners is required to be licensed. True. In a partner...

Hawaii, mineral rights usually belong to State of Hawaii Hawaii state law the boundary line between public and private shoreline property is determined by High wash and waves Hawaii land owners most commonly own Air Rights Example of personal property is household furnishings Best describes rea...

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 Accred...

Escrow calls the agent and says they can close early and are ready. In preparation to close: a. The seller and the buyer must set a date b. The lessor must give permission (if it is lease land) c. Escrow and mortgage documents must be ready for signature d. All of the above d. All of the above ...

Prior to the origin of Hawaii's land system in the 1840s who owned all of the lands? The Kings were the sovereign owners of all the lands (feudal system), thus private ownership (allodial system) did not exist. What are the land directions if he/she is on shore, facing the mountains? The direct...

lands extending inland from the shoreline as delineated on the maps filed with the counties Special Management Area (SMA) A brokerage firm may associate or employ a salesperson or broker- salesperson who resides on an island different from that of the principal place of business, provided that th...

In real estate, the term improvements most nearly means: A) Fences, wells, drains and roadways. B) Additions to the original structure. C) Everything artificial or constructed except the land. D) Upgrades to the interior. C) Everything artificial or constructed except the land. All real estate ...

Which of the following best represents rescission of a contract? A) Option to purchase can be transferred by a lessee to a lessor B) Lease was terminated with the mutual agreement of both parties C) One of the parties can change the contract at a later date D) Offer to buy B) Lease was terminate...

What is the definition of a Broker? A direct agent of the principal who is hired for compensation to perform a stated services such as procuring a customer. Define Brokerage. The business of procuring customers on behalf of clients for the purpose of completing a real estate transaction. What is...