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MODULE 2: HAWAII REAL ESTATE PRELICENSING COURSE QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE $12.49   Add to cart

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MODULE 2: HAWAII REAL ESTATE PRELICENSING COURSE QUESTIONS AND CORRECT ANSWERS | LATEST UPDATE

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  • HAWAII REAL ESTATE PRELICENSING
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  • HAWAII REAL ESTATE PRELICENSING

1) Real Estate Licensing Laws are constitutional because they represent a valid exercise of the State's Police Power. A) True B) False -:- A) True 2) The Real Estate Commission may revoke or suspend a license for which of the following? A) Acting for both the buyer and the seller in a real ...

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  • September 17, 2024
  • 29
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • HAWAII REAL ESTATE PRELICENSING
  • HAWAII REAL ESTATE PRELICENSING
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2024 /2025 | © copyright | This work may not be copied for profit gain | Excel!




MODULE 2: HAWAII REAL ESTATE PRE-
LICENSING COURSE QUESTIONS AND
CORRECT ANSWERS | LATEST UPDATE
1) Real Estate Licensing Laws are constitutional because they represent a valid exercise of

the State's Police Power.


A) True


B) False


✓ -:- A) True




2) The Real Estate Commission may revoke or suspend a license for which of the following?


A) Acting for both the buyer and the seller in a real estate transaction and collecting

commissions from both, after obtaining their oral consents to do so.


B) An attempt by a salesperson to represent a real estate broker other than his employer


C) Both of the above


D) None of the above


✓ -:- C) Both of the above




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




The consents must be in writing and not orally. A salesperson can only work for one broker

and all commissions must come through the broker.




3) Under the Licensing Laws, an inactive licensee is not permitted to advertise "For Sale by

Owner" (FSBO).


A) True


B) False


✓ -:- A) True




4) If a licensee fails to pay the renewal fee when due, the license is:


A) Revoked


B) Rescinded


C) Forfeited


D) Suspended


✓ -:- C) Forfeited




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




A license is forfeited when the renewal fees or any other fees that are assessed to licensees

are not paid by the due date.




5) In order to reinstate a license that has been terminated because of payment out of the

Recovery Fund, the person must:


A) Make full restitution to the Recovery Fund of all payments made on his behalf


B) Pay interest on the sum expended from the recovery fund


C) Both of the above


D) None of the above


✓ -:- C) Both of the above




6) Which of the following is required to be licensed as a real estate broker?


A) A residential real estate loan office


B) A commercial escrow officer


C) Both of the above


D) None of the above


✓ -:- D) None of the above




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