Hawaii Real Estate Licensing Law & Rules TEST (Graded A+ actual test)
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Course
Hawaii Real Estate Licensing Law & Rules
Institution
Hawaii Real Estate Licensing Law & Rules
The Real Estate Commission is the state agency empowered to grant licenses, issue rules and regulations,
and generally monitor the licensing laws. - True.
A real estate salesperson intending to take the broker's exam may prorate her part-time sales experience
in applying for her experience certi...
Hawaii Real Estate Licensing Law &
Rules
The Real Estate Commission is the state agency empowered to grant licenses, issue rules and regulations,
and generally monitor the licensing laws. - True.
A real estate salesperson intending to take the broker's exam may prorate her part-time sales experience
in applying for her experience certificate. - False
You can work for more than one broker in Hawaii, provided you obtain permission from both in writing. -
False
In a partnership engaged in real estate brokerage, every active partner must have a real estate
salesperson's license. - False
person who acts as a receiver, trustee in bankruptcy, or personal representative in handling real estate
matters is required to be licensed. - False
Four members of the Real Estate Commission shall reside on Oahu, and one shall reside in Maui County,
one on Kauai and one on Hawaii. - True.
Going to your broker's office and doing floor duty, which includes answering the phone and talking to
prospects about the company's listings, after you have passed your licensing exam but before you have
actually received your license, is a violation of the licensing law. - True.
Complaints against members of regulated industries are investigated by the Regulated Industries
Complaint Office (RICO). - True.
Members of the Real Estate Commission are appointed for terms of five years. - False
, The entities that may be licensed are individuals, partnerships, corporations and LLCs. - True.
The maximum amount in the education fund shall be $1,500,000. - False
Failure to complete 20 hours of Continuing Education prior to license renewal will result in revocation of
your license. - False
To change your license from inactive to active, you must show proof that you have completed the
required 20 hours of Continuing Education. - True.
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.
A licensee can make false promises concerning a real estate transaction, even though they are
misleading to a buyer or seller, provided they are only verbal and not put down in writing. - False
Accepting a commission from both a buyer and a seller without prior written consent of both parties
could result in revocation or suspension of one's license. - True.
Dual agency is a conflict of interest and not permissible at any time. - False
Licensees may pay referral fees to unlicensed friends who send them good and valuable business. -
False
An unlicensed receptionist at Black & Blue Realty may pre-qualify prospects over the phone to decide
which sales agent they would get along with best. - False
Failure to obtain in writing confirmation of whom the broker represents on any real estate contract could
result in revocation or suspension of one's license. - True.
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