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

The fair market value of a property is the most probable price a property should bring in a competitive and open market under normal market conditions.

Types Of Ownership

Leasehold ownership is a temporary right to hold property.

Property Management

In most circumstances a landlord needs to give 45 days notice to a tenant in order to evict them from the premises.

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

Right of Redemption is one year from the date of the judicial foreclosure sale.

Contracts

If a buyer fails to terminate the purchase agreement in writing within the specific time period, then the buyer will have waived the contingency.

Financing

The borrower has 30 days to cure the default or the lender will record a notice of sale and mail a copy to the borrower.

Escrow Process And Closing Statements

Buyer is responsible for paying the balance of the purchase price, inspecting the property, paying the property taxes & other fees.

Professional Practices And Conduct

Hawaiian Home Lands is a program that provides long-term leases to Native Hawaiians for residential, agricultural, and pastoral purposes on land set aside by the State of Hawaii.

Tuesday's Questions



If Jack wants to be a manager of commercial property in Hawaii, which type of license is required

A.) Broker's license
B.) Business license
C.) Commercial endorsement
D.) Property management endorsement

Topic:




If Jack wants to be a manager of commercial property in Hawaii, which type of license is required


Correct Answer:
Broker's license


Remember:
A broker managing commercial property in Hawaii must hold a valid real estate broker's license or salesperson's license.



Next Question →

Your application for a license has been denied. Within how many days must you send a written request for a hearing

A.) 15 days
B.) 30 days
C.) 60 days
D.) 7 days

Topic:


Your application for a license has been denied. Within how many days must you send a written request for a hearing


Correct Answer:
60 days


Remember:
If for any reason you are denied the license you are applying for, you may be entitled to a hearing as provided by Title 16, Chapter 201, Hawaii Administrative Rules, and/or Chapter 91, Hawaii Revised Statutes. Your written request for a hearing must be directed to the agency that denied your application, and must be made within 60 days of notification that your application for a license has been denied.



Next Question →

What is the significance of obtaining approval from the LUC when changing agricultural land to urban use

A.) It ensures a tax exemption status for landowners
B.) It allows for a broader range of development
C.) To ensure compliance with the Hawaii Land Use Commission Act
D.) LUC approval is not needed for this change

Topic:


What is the significance of obtaining approval from the LUC when changing agricultural land to urban use


Correct Answer:
To ensure compliance with the Hawaii Land Use Commission Act


Remember:
Obtaining approval from the Land Use Commission (LUC) is required to comply with the Hawaii Land Use Commission Act when changing agricultural land to urban use.



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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