HAWII REAL ESTATE EXAM2024-2025 | ACTUAL COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS ) ALREADY GRADED A+ - PASS GUARANTEED.
What is Hawaii's residential property disclosure form?
A.) A statement of the condition the home will be in after repairs are
completed
B.) A statement that lists all home upgrades the seller made
C.) A statement that outlines the home repairs made in the past five
years
D.) A statement the seller provides to the buyer that outlines all
known property defects - ANSWER-D.) A statement the seller provides
to the buyer that outlines all known property defects
Which of these acknowledgments do buyers and sellers make by
signing the HAR Purchase Contract form?
A.)The brokerage firm makes no guarantee as to the tax map key.
B.) The brokerage firm must ask permission before placing any ads or
property signage.
C.) The buyers are purchasing the property in as-is condition.
,D.) The seller makes no guarantee regarding the property's future
resale value - ANSWER-D.) The seller makes no guarantee regarding
the property's future resale value
In which of these situations does a Hawaii licensee have a disclosable
ownership interest in the property?
a.) Carson represents both the buyer and the seller in a transactions.
b.) Kennedy is representing his LLC in the purchase of a commercial
building.
c.)Rebecca is listing her neighbor's vacation home.
d.) Roger is listing a property that he sold to the current owner eight
years ago. - ANSWER-b.) Kennedy is representing his LLC in the
purchase of a commercial building.
**Jeanine sold her Kihei duplex to Carlton for $418,000, and closing is
on May 16. Each unit rents for $530 per month. The tenants paid rent
in full on May 1. At closing, how will prorated rent be shown on the
closing statements?
a.)$494.66 seller credit, buyer debit
b.)494.66 seller debit, buyer credit
c.)$565.33 seller credit, buyer debit
Lily owned a double lot on the waterfront. She sold the lot to Hannah
and placed a private restriction prohibiting anything taller than a
onestory building. Hannah wants to build a three-story house. What is
her most likely option?
a.)Apply to the zoning board of appeals for a variance.
b.)Check to see if the building and zoning regulations will permit a
larger house.
c.)Conform to the deed restriction.
d.)File suit against Lily to have the restriction removed. - ANSWER-
c.)Conform to the deed restriction.
Hawaii's laws around consent require that Hawaii contracts be signed
without undue influence or duress. Which of these situations is an
example of duress?
a.)Lokelani cries and acts as if she's distraught over her mother's
safety to get her mother to move out of the family home.
b.)Lono describes to his mother the reasons that her property won't
sell for as much as she thinks it should.
c.) Maik shows her grandmother information from properties that
really aren't comparable to hers to convince her to sell the property at
a reduced price.
, d.) Nalani threatens to expose a family secret if Oke refuses to agree
to sell their house. - ANSWER-d.) Nalani threatens to expose a family
secret if Oke refuses to agree to sell their house.
Which of these activities would a principal broker most likely be
required to perform in the proper supervision of associated
licensees?
a.)To create a mission statement and core values for the firm
b.)To require associated licensees to be in the office to greet potential
clients
c.)To train associated licensees how to generate leads
d.)To train associated licensees on relevant real estate laws and rules
- ANSWER-d.)To train associated licensees on relevant real estate
laws and rules
Homeowner exemptions in Hawaii are a way to ________. a.)Ensure
preservation of historic structures
b.)Give tax breaks to individuals who live in Hawaii year-round
c.)Increase funding for public programs and services
d.)Level the playing field between counties - ANSWER-b.)Give tax
breaks to individuals who live in Hawaii year-round
The Hawaii Real Estate Recovery Fund paid a claim to one of Jarod's
clients. Which of these statements is true?
a.)Jarod's license will be forfeited until he reimburses the recovery
fund.
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