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


Hawaii Exam Topics Pie Chart


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

Ascertaining And Disclosing Material Facts

Property taxes are assessed and collected by the Real Property Tax Division.

Types Of Ownership

Condominium Hotel is a hybrid of a hotel and a condominium. Individual units are owned by different individuals but the units are typically used as hotel rooms.

Property Management

In the event that a tenant is evicted and they refuse to leave, they will be liable for payment of twice the monthly rent for every month they stay as a holdover tenant.

Land Utilization

Within the SMA, development activities are subject to more stringent regulations and oversight to ensure that they do not harm the natural and cultural resources of the area.

Title And Conveyances

De Minimis: Conservation property: 1.5 feet / 18

Contracts

The Statute of Limitations is 10 years for circuit court and district court judgment liens.

Financing

Non-Judicial Foreclosure Process requires the lender to mail a copy of the notice to the borrower within 30 days.

Escrow Process And Closing Statements

The purpose of the final walkthrough is to confirm the property is in the same condition from when the offer was made and inspect any repairs or corrections made by the seller.

Professional Practices And Conduct

Dual agency must be disclosed to all parties involved in the real estate transaction.

Thursday's Questions



Is it possible to terminate a restrictive covenant that has been placed on real property

A.) Yes, but only by court order
B.) Yes, if a majority vote of 51% is reached by owners who are affected by the restriction
C.) Yes, by the agreement of the the covenant creator and the landowner
D.) No, restrictive covenants cannot be removed once they are recorded

Topic:




Is it possible to terminate a restrictive covenant that has been placed on real property


Correct Answer:
Yes, by the agreement of the the covenant creator and the landowner


Remember:
Restrictive covenants may be modified or terminated by agreement of the parties or by court order. However, such changes must generally be made in accordance with the terms of the original covenant and any applicable laws or regulations. Although answer A could be true, that is not the only way this could happen.



Next Question →

Which form of ownership provides equal ownership and division of property between spouses in the event of divorce or death

A.) Tenancy in Common
B.) Sole Ownership
C.) Joint Tenancy
D.) Community Property

Topic:


Which form of ownership provides equal ownership and division of property between spouses in the event of divorce or death


Correct Answer:
Community Property


Remember:
Community Property ensures equal ownership and division between spouses in such situations.



Next Question →

In short-term leases, how much notice is the landlord required to provide before a rent increase

A.) 5 days
B.) 10 days
C.) 15 days
D.) 30 days

Topic:


In short-term leases, how much notice is the landlord required to provide before a rent increase


Correct Answer:
15 days


Remember:
For leases under 30 days, residents have the right to 15 days' notice before a rent increase.



Next Question →

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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

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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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