100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
HAWAII REAL ESTATE EXAM STATE ONLY QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE $12.49   Add to cart

Exam (elaborations)

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

 3 views  0 purchase
  • Course
  • REAL ESTATE
  • Institution
  • REAL ESTATE

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...

[Show more]

Preview 4 out of 35  pages

  • September 17, 2024
  • 35
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • REAL ESTATE
  • REAL ESTATE
avatar-seller
Latestupdate
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.




1|P a g e | G r a d e A + | 2 0 2 0 2 5

,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.




2|P a g e | G r a d e A + | 2 0 2 0 2 5

,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.




3|P a g e | G r a d e A + | 2 0 2 0 2 5

, 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.




4|P a g e | G r a d e A + | 2 0 2 0 2 5

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Latestupdate. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75619 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart