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HAWAII REAL ESTATE EXAM STATE ONLY QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE $12.49   Add to cart

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HAWAII REAL ESTATE EXAM STATE ONLY QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE

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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...

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  • September 17, 2024
  • 35
  • 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 STATE
ONLY QUESTIONS AND CORRECT
ANSWERS | LATEST UPDATE
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 claim a 1/3 elective share of the other's estate at the decedent's

death under what code?


✓ -:- Under Hawaii's Uniform Probate Code for properties sold after July

1, 1977.




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




Under Hawaii's Uniform Probate Code, how much can a spouse claim at the decedent's

death?


✓ -:- 1/3 elective share for properties sold after July 1, 1977.




Jackson Hillario exercised his right of election when his wife died and left everything to her

ex- husband. Will he receive real, personal, or nothing, or both? How much?


✓ -:- a portion of both her real and personal property, depending on how

long they were married.




At least one member of the board of directors of a Hawaii corporation must be:


✓ -:- a resident of Hawaii.




T or F: A benefit of placing real property in a land trust may be that it avoids ancillary

probate for non-residents.


✓ -:- True.




T or F: A benefit of placing real property in a land trust may be that it allows the property

to be registered in Land Court.




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




✓ -:- False.




T or F: A benefit of placing real property in a land trust may be that it serves as an

alternative to an agreement of sale.


✓ -:- True.




T or F: A benefit of placing real property in a land trust may be that it prevents partitioning.


✓ -:- True.




The beneficial interest of the owner of real property held in a land trust is considered what

kind of property?


✓ -:- Personal property




T or F: In Hawaii a partnership which participates in real estate dealings as part of its

business must have an individual licensed broker designated as the principal broker of the

brokerage business.


✓ -:- True.




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




T or F: In Hawaii a partnership which participates in real estate dealings as part of its

business must have all members of the partnership licensed, with one as a licensed broker in

charge of the brokerage business.


✓ -:- False. It must have an individual licensed broker designated as the

principal broker of the brokerage business.




T or F: In Hawaii a partnership which participates in real estate dealings as part of its

business must have all persons involved in the brokerage aspects of the business licensed as

brokers.


✓ -:- False. It must have an individual licensed broker designated as the

principal broker of the brokerage business.




T or F: In Hawaii a partnership which participates in real estate dealings as part of its

business must have a licensed broker to supervise the licensed salespersons but anyone who

is licensed as a broker may operate independently on behalf of the partnership.


✓ -:- False. It must have an individual licensed broker designated as the

principal broker of the brokerage business.




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