Hawaii real estate quiz - Study guides, Class notes & Summaries

Hawaii Real Estate Review Quiz 2 Guaranteed Success Under a net lease, a tenant is least likely to pay A) Taxes B) Utilities C) Insurance D) Mortgage amortization ️D) Mortgage amortization A recapture clause is usually used in what type of lease A) Net Lease B) Gross Lease C) Percentage Lease D) Business Lease ️C) Percentage Lease Under Hawaii's Land Use Code, land is classified into Urban, Agricultural, and Rural and A) Commercial B) Industrail C) Conservation ...

B) A periodic Tenancy C) Tenancy at will D) A tenancy at sufference - Correct Answer ️️ -A) tenancy for years A graduated lease can best be defined as a lease A) That includes an option to purchase B) In which there may be an increase or decrease in rent at a stated future time C) Under which the owner or landlord pays all ownership chareges such as taxes D) That is passed intact form one owner to the next owner under terms of contract - Correct Answer ️️ -B) In which there may b...

Inference A conclusion reached on the basis of evidence and reasoning interpretation to understand, comprehend, identify problems, clarify, decipher and decode. analysis To examine ideas, analyze arguments, make comparisons, and categorize, organize and prioritize. Evaluation To assess the credibility, significance,and relevance of information necessary to support the conclusions; and to asses the information for biases, stereotypes, cliches or inappropriateness. Self-regulation to m...

The assignor is still liable for the consummation of the contract if the assignee defaults on the purchase. An agent is considered to have earned his commission when the: A) Listing contract is signed by the seller B) Title insurance policy is delivered to the buyer C) Title search is completed and title is recorded D) Purchase agreement is signed and all the conditions are satisfied D) Purchase agreement is signed and all the conditions are satisfied 5) A "Power of Attorney": A) Mu...

Inference -A conclusion reached on the basis of evidence and reasoning interpretation -to understand, comprehend, identify problems, clarify, decipher and decode. analysis -To examine ideas, analyze arguments, make comparisons, and categorize, organize and prioritize. Evaluation -To assess the credibility, significance,and relevance of information necessary to support the conclusions; and to asses the information for biases, stereotypes, cliches or inappropriateness. Self-regulation -to...

The Real Estate Commission has nine members, all of whom must be licensed real estate brokers. False 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. 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 ...

3. Rural Districts - Lands composed of small farms mixed with low-density residential lots with a minimum size of one-half acre - Counties administers Chp. 1 History and Development of Hawaii Real Estate 4. Conservation Districts - Lands in the existing forest and water reserve zones - State administers Chp. 2 Land, Land Elements, and Water Land (simplest definition) Earth's surface and extension up to infinity and downward to center of the earth Chp. 2 Land, Land Elements, and Water...

What is Hawaii's residential property disclosure form? A.) A statement of the condition the home will be in after repairs are completed B.) A statement that lists all home upgrades the seller made C.) A statement that outlines the home repairs made in the past five years D.) A statement the seller provides to the buyer that outlines all known property defects D.) A statement the seller provides to the buyer that outlines all known property defects Which of these acknowledgments do buyers...

Four land divisions in correct sequence. Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modular Pre-fabricated buildings Blockbusting Making you feel uncomfortable about who moved in your neighborhood Steering Race not fitting in with another race. Land contract Installment contract/agreement of sale Seller removed two speakers after the closing and to hold a letter to the attic is his mom. What kind of remediation can ...

Hawaii Revised Statutes include specific chapter on all of the following forms of property ownership EXCEPT: A. Timeshares B. Cooperative housing C. Fractional ownership D. Planned communities C. Fractional ownership Client trust funds shall be placed into the brokerage trust account: A. On the day of receipt B. By the next calendar day following receipt C. By the next business day following receipt D. Within three business days following receipt C. By the next business day followin...