The Key To Passing The Hawaii Real Estate Exam Is Understanding The Topic Areas


Hawaii Exam Topics Pie Chart


Tuesday's Key Points
Key Point's are important bullet points that relate to Hawaii state exam topic areas.

Ascertaining And Disclosing Material Facts

Tract Index is arranged by the legal description of the property.

Types Of Ownership

Sole Ownership is owned by a single individual. Only one signature is needed to transfer the property.

Property Management

Residential Landlord-Tenant Code requires that a landlord who does not reside in Hawaii but is renting Hawaii property, or who resides on a different island other than where the rental property is located, must hire a Hawaii property manager who resides on the same island where the landlords rental unit/s are located.

Land Utilization

Rural is 0.3% is designated rural.

Title And Conveyances

Easements are an interest to use a portion of someone else's property for a specific purpose.

Contracts

The DROA contract is used for residential real estate transactions in Hawaii.

Financing

Loans made by corporations, partnerships, and trusts: 10% per annum or up to 5% above the Federal Reserve discount rate, whichever is greater.

Escrow Process And Closing Statements

Seller shall remove personal belongings and trash typically no later than 5 to 7 days prior to closing.

Professional Practices And Conduct

Brokers must also ensure that electronic records are capable of reproduction, available for inspection and have a backup system in case of data loss or corruption.

Tuesday's Questions



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

A.) A notification of intention.
B.) Effective date for the preliminary public report.
C.) A statement of written commitment.
D.) A feasibility study.

Topic:




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


Correct Answer:
Effective date for the preliminary public report.


Remember:
The Real Estate Commission will examine the project and issue an effective date for the preliminary public report.



Next Question →

Kai just discovered that his neighbor has build a shed that is extending two feet onto his property. How long does he have to file suit to correct this action

A.) 5 years
B.) 10 years
C.) 15 years
D.) 20 years

Topic:


Kai just discovered that his neighbor has build a shed that is extending two feet onto his property. How long does he have to file suit to correct this action


Correct Answer:
20 years


Remember:
The statute of limitations on encroachments in Hawaii is 20 years.



Next Question →

Considering the Hawaii Environmental Policy Act, what is the primary purpose of environmental impact statement for proposed projects in Hawaii

A.) To expedite project approvals through the county planning department
B.) To ensure that the land is being developed in a consistent manner
C.) To ensure that environmental impacts are considered in decision-making
D.) To protect agriculture lands from future development

Topic:


Considering the Hawaii Environmental Policy Act, what is the primary purpose of environmental impact statement for proposed projects in Hawaii


Correct Answer:
To ensure that environmental impacts are considered in decision-making


Remember:
The Hawaii Environmental Policy Acts primary purpose is to ensure that environmental considerations are integrated into decision-making processes for state and county projects in Hawaii.



Next Question →

Great Job!!!

We Strongly Believe That Passing The Hawaii State Exam Involves Two Key Areas:
· Understanding The Topics On The State Exam
· Recognizing These Topics In The Questions

Our real estate exam system will reinforce topics by utilizing questions specific to the Hawaii real estate exam.

Crash Courses: Designed to help you understand the topics on the state exam.

Practice Exams: Reinforce topics and make it easier to recognize them in questions.

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