Hawaii Real Estate Practice Exam

Early in the process of developing a condominium the Commission will examine the project and issue:

What department regulates subdivision approval in Hawaii?

Which best describes the Uniform Land Sales and Practices Act (ULSPA)?

In Hawaii a partnership which participates in real estate dealings as part of its business:

The purpose of Hawaii’s Good Funds Act is:

Which of the following would NOT be a benefit of placing real property in a land trust?

What is the time limit for filing a housing discrimination complaint with the Hawaii Civil Rights Commission?

A major difference between the Federal Fair Housing Law and the Hawaii equivalent is:

Where the Federal and Hawaii fair housing laws differ, which one prevails?

Which one is NOT true under Hawaii’s Landlord Tenant Code?

Which of the following is NOT cause for revocation or suspension of one’s real estate license?

A developer is so pleased with the sales by Sand & Sea Realty at his Kula development that he mails each agent a nice thank you letter and a check for $100 in appreciation. Which is true:

Gordon Chang lives and works on Oahu, but is licensed with a Maui broker. His license hangs in the Maui office. Which is true?

If Sally Matsushita (RA) forgets to renew her license until Saturday, December 31:

An unlicensed employee of Blue Sky Realty who answers incoming phone calls may:

As defined by Hawaii real estate licensing law, the term “seller” also includes:

Jackson Hillario exercised his right of election, after his wife died and left everything to her ex-husband. He will receive:

The beneficiary of an ALTA extended coverage title insurance policy is most likely to be:

The basic system of describing real property in Hawaii is:

In Hawaii a conveyance tax would be paid on properties conveyed by way of:

Under the 1997 Hawaii law regarding “de minimus structure position discrepancies” in residential property, which of the following would NOT be considered an encroachment?

In which of the following situations would you most likely attach a Plain Language Addendum?

The listing states that the refrigerator belongs to the tenant and is not included in the sale of the property. The Purchase Contract includes the sale of the refrigerator. The seller signs the Purchase Contract, and subsequently realizes that it includes the sale of the refrigerator. Which is binding?

Joseph Kaeo refused to provide a disclosure statement when he accepted an offer on his personal residence. What should his agent do?

When Mr. Kealoha buys a condo by way of an agreement of sale he receives all but which of the following?

Hawaii usury law applies to interest charged on:

Per the Hawaii Statute of Frauds, a buyer agency agreement:

Under the Uniform Commercial Code the purchaser of trade goods by way of a bulk sale must:

A seller’s agent sitting an open house meets a prospective buyer who decides to make an offer on the house. The buyer asks the seller’s agent to write up the offer on the spot. This could be a setup for:

Which of the following would a seller’s agent be prohibited from doing?

Agent A has been working with Buyer B for three months – showing her property, arranging for her to be prequalified by a lender, and writing up one offer that was rejected by the seller. Agent A and Buyer B have never addressed representation, either orally or in writing. Which is true:

In order to enter into a legally enforceable contract in Hawaii, a person must be at least:

Which of the following statements is true regarding agents:

A salesman who is an independent contractor should do all but which one of the following?

The duties that live forever after termination of an agency relationship are the duties of:

Which of the following is true of the PASH ruling?

What or who ultimately determines the seaward property line of an oceanfront property in Hawaii?

The priority of a mechanic’s lien depends on the:

Under Hawaii’s Uniform Probate Code, what is true of properties sold after July 1, 1977?

When converting an existing rental property to a condominium:

When a leasehold condominium is converted to fee simple land ownership:

The members of a board of directors of a condominium and a real estate licensee have the following in common:

Ownership of a cooperative apartment is by way of:

Which of the following is true regarding condominiums?

Unless otherwise stated in the declaration or bylaws, common profits are:

The time share 7 day right of recision must be:

Which is true of time share acquisition agents who are not licensed as salespersons?

If Sally purchases a “vacation license,” she is buying a:

Regarding condominiums under HRS 514B: