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


Hawaii Exam Topics Pie Chart


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

Ascertaining And Disclosing Material Facts

Feudal System land is owned by a lord or other authority, who grants use of the land to individuals in exchange for various obligations, such as taxes, rent, or military service.

Types Of Ownership

Community Property provides each spouse with equal ownership of any property acquired during the marriage, regardless of which spouse acquired it.

Property Management

Federal protections protect active-duty service members from paying penalties if they have to break their lease because of a change in base or a deployment.

Land Utilization

Special Management Areas (SMA) are the area of the island that is in close proximity to the shoreline.

Title And Conveyances

Easements By Necessity is when the easement is necessary in order to access a property.

Contracts

Radon inspection assesses the levels of radon gas in the property, which can be harmful to human health.

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

A final walk-through must occur no later than 4 to 6 days before closing.

Professional Practices And Conduct

Hawaii Civil Rights Commission enforces Hawaiis fair housing laws

Saturday's Questions



What is the key difference between an agreement of sale contract and a purchase money mortgage

A.) The interest rate being offered to the buyer
B.) When legal ownership is ultimately transferred
C.) The down payment requirement
D.) The involvement of a third-party lender

Topic:




What is the key difference between an agreement of sale contract and a purchase money mortgage


Correct Answer:
When legal ownership is ultimately transferred


Remember:
The key difference between an Agreement of Sale and a PMM is when and how legal ownership of the property is transferred.



Next Question →

In Hawaii, when lava flows over private property thereby extending the shoreline into the ocean, the newly created land is owned by

A.) Current owner
B.) Original owner
C.) The State of Hawaii
D.) The first to file a claim on it

Topic:


In Hawaii, when lava flows over private property thereby extending the shoreline into the ocean, the newly created land is owned by


Correct Answer:
The State of Hawaii


Remember:
When lava flows from the volcanos and expands the shorelines, like the 2018 lower Puna eruption, the new land becomes the state of Hawaiis



Next Question →

What right must be given to existing tenants when converting a rental property to a condominium

A.) The right to vote on the creation of the condo rules
B.) The right to be credited fora 6 month period leading up to the conversion
C.) The first-right to purchase their units in fee simple
D.) The right to continue renting indefinitely

Topic:


What right must be given to existing tenants when converting a rental property to a condominium


Correct Answer:
The first-right to purchase their units in fee simple


Remember:
Existing tenants must be given the first right of refusal to purchase their units in fee simple when converting to a condominium.



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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