Hawaii Real Estate Final Exam 2024/25 Questions and Answers 100% Pass
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Course
Hawaii Real Estate
Institution
Hawaii Real Estate
Hawaii Real Estate Final Exam 2024/25
Questions and Answers 100% Pass
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 oc...
Hawaii Real Estate Final Exam 2024/25
Questions and Answers 100% Pass
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 more of a condominium project has been sold and recorded, the first
meeting of a
condominium unit owners' association must be held within how many days after
the recordation
of the first unit sale? ✔✔180.
A Hawaii property owner can redeem his property within one year after... ✔✔a
real property tax
sale.
, Hawaii Real Estate Final Exam 2024/25
Questions and Answers 100% Pass
Under Hawaii's Land Use Law, land is classified into four categories. One of these
is...
✔✔conservation.
Hawaii's Land Use Law is administered by the... ✔✔State Land Use Commission.
Long-term ground leases grant property rights beyond possession in the State of
Hawaii,
including... ✔✔the lessee is considered to be the owner of the real property for
the purpose of
assessing property taxes, if the lease term is for 15 years or more.
If a landlord has grounds for keeping all or some of the security deposit, which
of the following
is true of his notice to the tenant? ✔✔He must itemize his costs in the notice.
With regard to lawsuits over security deposits... ✔✔the tenant has one year to
bring action to
recover all or part of the security deposit.
, Hawaii Real Estate Final Exam 2024/25
Questions and Answers 100% Pass
Money held in trust for others... ✔✔must be kept in separate special bank
accounts, separated
from the money of the principal broker or broker in charge.
Regarding supervision of a brokerage office... ✔✔Neither A nor B (none of the
above).
A Hawaii brokerage firm must do each of the following EXCEPT... ✔✔register all
of its branch
offices with the Real Estate Commission.
Before a principal broker or broker in charge is absent from the principal place of
business for
more than 30 days, the principal broker must... ✔✔send written notification to
the Real Estate
Commission of a temporary principal broker.
Which of the following is true regarding listings and sales agreements?
✔✔Exclusive listings
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