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

Homeowners Exemption is a reduction in property taxes.

Types Of Ownership

Each spouse's share of the community property is passed on according to their will or by intestate succession if there is no will.

Property Management

If the tenant is in holdover for 60 days, the lease will resume on the 60th day at the normal, previous monthly rate.

Land Utilization

The LUC Act also provides for the creation of special management areas (SMAs).

Title And Conveyances

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

Contracts

Seller's Real Property Disclosure Form requires the seller to disclose all known material defects or conditions that may affect the property's value or desirability.

Financing

In seller financing the interest rate for the loan must not exceed the States usury limit is 10% per year.

Escrow Process And Closing Statements

Seller's closing statement is known as the seller's net sheet or settlement statement and details all of the costs the seller related to the seller and the amount that the seller will receive from the sale after all of the costs are deducted, if any.

Professional Practices And Conduct

Brokers are allowed to have a limited amount of their own money in a trust account if it is intended to cover banking or service charges related to the account.

Tuesday's Questions



Which type of leasehold is commonly associated with condominiums or apartments

A.) Residential Leasehold
B.) Commercial Leasehold
C.) Agricultural Leasehold
D.) Government Leasehold

Topic:




Which type of leasehold is commonly associated with condominiums or apartments


Correct Answer:
Residential Leasehold


Remember:
Residential leaseholds are commonly associated with condominiums or apartments.



Next Question →

For conservation property in Hawaii, what is the maximum distance by which structures can extend onto the adjoining property

A.) 0.25 feet / 3
B.) 0.5 feet / 6
C.) 0.75 feet / 9
D.) 1.5 feet / 18

Topic:


For conservation property in Hawaii, what is the maximum distance by which structures can extend onto the adjoining property


Correct Answer:
1.5 feet / 18


Remember:
For conservation property in Hawaii, structures cannot extend onto the adjoining property by more than 0.75 feet / 9".



Next Question →

At least one member of the board of directors of a Hawaii corporation must be

A.) A U.S. Citizen.
B.) A college graduate with a degree in business administration.
C.) A licensed real estate broker.
D.) A resident of Hawaii.

Topic:


At least one member of the board of directors of a Hawaii corporation must be


Correct Answer:
A resident of Hawaii.


Remember:
At least one member of the board of directors of a Hawaii corporation must be a resident of 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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