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


Hawaii Exam Topics Pie Chart


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

Ascertaining And Disclosing Material Facts

Disabled Veteran's Exemption is available to those that have a service-connected disability rating of at least 10 percent.

Types Of Ownership

Tenancy by the Entirety provides some protection against creditors, as the property cannot be seized or sold to satisfy the debts of one spouse.

Property Management

If the landlord wants to keep any portion of the deposit, they must notify the tenant in writing within 14 days from the date the tenancy was terminated or relinquish the entire deposit.

Land Utilization

The largest amount of land state-wide is conservation. There is no rural land use classification on Oahu.

Title And Conveyances

Estate at Will has no fixed duration and can be terminated at any time by either party.

Contracts

Title Contingency states that if there are any title issues, the seller may be required to resolve them before the sale can proceed.

Financing

A property cannot be auctioned below the minimum price by an officer appointed by the court.

Escrow Process And Closing Statements

Escrow is responsible for receiving & disbursing funds, preparing, executing & recording documents, facilitating communication and maintaining records.

Professional Practices And Conduct

Licensees must wait at least one year from the date their listing expires or is terminated before they can acquire such an interest in a a distressed property.

Sunday's Questions



What is the statute of limitations for undisclosed defects in a residential property

A.) 6 months from the date the disclosure statement was received by the buyer
B.) 1 year from the date the disclosure statement was received by the buyer
C.) 2 years from the date the disclosure statement was received by the buyer
D.) 5 years from the date of settlement

Topic:




What is the statute of limitations for undisclosed defects in a residential property


Correct Answer:
2 years from the date the disclosure statement was received by the buyer


Remember:
The statute of limitations for undisclosed defects in a residential property is 2 years from the date the disclosure statement was received by the buyer.



Next Question →

When did the Hawaii Seller Disclosure Law come into effect

A.) July 1, 1990
B.) July 1, 1993
C.) January 1, 2000
D.) January 1, 2020

Topic:


When did the Hawaii Seller Disclosure Law come into effect


Correct Answer:
July 1, 1993


Remember:
The Hawaii Seller Disclosure Law came into effect on July 1, 1993, requiring sellers to provide written disclosure statements to buyers.



Next Question →

If a landlord raises the rent as revenge against a tenant who has complained to the Department of Health and others about the condition of the premises, this is called

A.) Retaliatory eviction
B.) Notice of satisfaction
C.) Constructive notice
D.) Constructive eviction

Topic:


If a landlord raises the rent as revenge against a tenant who has complained to the Department of Health and others about the condition of the premises, this is called


Correct Answer:
Retaliatory eviction


Remember:
This would be known as a retaliatory eviction.



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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