Hawaii Real Estate Exam State Only 2024/25 Questions and Answers 100% Pass
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Course
Hawaii Real Estate
Institution
Hawaii Real Estate
Hawaii Real Estate Exam State Only 2024/25
Questions and Answers 100% Pass
Land ownership documents are recorded in the public record at Bureau of
Conveyances in
Honolulu
The land classification containing the smallest amount of land state-wide is
Rural
A division of land extending from t...
Hawaii Real Estate Exam State Only 2024/25
Questions and Answers 100% Pass
Land ownership documents are recorded in the public record at ✔✔Bureau of
Conveyances in
Honolulu
The land classification containing the smallest amount of land state-wide is
✔✔Rural
A division of land extending from the top of the mountain to the ocean is called
✔✔Ahupua'a
A husband or wife may claim a 1/3 elective share of the other's estate at the
decedent's death
under what code? ✔✔Under Hawaii's Uniform Probate Code for properties sold
after July 1,
1977.
Under Hawaii's Uniform Probate Code, how much can a spouse claim at the
decedent's death?
✔✔1/3 elective share for properties sold after July 1, 1977.
, Hawaii Real Estate Exam State Only 2024/25
Questions and Answers 100% Pass
Jackson Hillario exercised his right of election when his wife died and left
everything to her ex-
husband. Will he receive real, personal, or nothing, or both? How much? ✔✔a
portion of both
her real and personal property, depending on how long they were married.
At least one member of the board of directors of a Hawaii corporation must be:
✔✔a resident of
Hawaii.
T or F: A benefit of placing real property in a land trust may be that it avoids
ancillary probate
for non-residents. ✔✔True.
T or F: A benefit of placing real property in a land trust may be that it allows the
property to be
registered in Land Court. ✔✔False.
, Hawaii Real Estate Exam State Only 2024/25
Questions and Answers 100% Pass
T or F: A benefit of placing real property in a land trust may be that it serves as
an alternative to
an agreement of sale. ✔✔True.
T or F: A benefit of placing real property in a land trust may be that it prevents
partitioning.
✔✔True.
The beneficial interest of the owner of real property held in a land trust is
considered what kind
of property? ✔✔Personal property
T or F: In Hawaii a partnership which participates in real estate dealings as part
of its business
must have an individual licensed broker designated as the principal broker of
the brokerage
business. ✔✔True.
, Hawaii Real Estate Exam State Only 2024/25
Questions and Answers 100% Pass
T or F: In Hawaii a partnership which participates in real estate dealings as part
of its business
must have all members of the partnership licensed, with one as a licensed
broker in charge of the
brokerage business. ✔✔False. It must have an individual licensed broker
designated as the
principal broker of the brokerage business.
T or F: In Hawaii a partnership which participates in real estate dealings as part
of its business
must have all persons involved in the brokerage aspects of the business licensed
as brokers.
✔✔False. It must have an individual licensed broker designated as the principal
broker of the
brokerage business.
T or F: In Hawaii a partnership which participates in real estate dealings as part
of its business
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