Hawaii Real Estate Licensing Law & Rules 2024/25 Questions and Answers
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Course
Hawaii Real Estate
Institution
Hawaii Real Estate
Hawaii Real Estate Licensing Law &
Rules 2024/25 Questions and Answers
The Real Estate Commission has nine members, all of whom must be licensed
real estate
brokers. False
caretaker or custodian who leases or offers to lease, or rents or offers to rent
condominium units
on behalf of an as...
Hawaii Real Estate Licensing Law &
Rules 2024/25 Questions and Answers
The Real Estate Commission has nine members, all of whom must be licensed
real estate
brokers. ✔✔False
caretaker or custodian who leases or offers to lease, or rents or offers to rent
condominium units
on behalf of an association of condominium owners is required to be licensed.
✔✔True.
In a partnership engaged in real estate brokerage, every active partner must
have a real estate
salesperson's license. ✔✔False
person who acts as a receiver, trustee in bankruptcy, or personal representative
in handling real
estate matters is required to be licensed. ✔✔False
Four members of the Real Estate Commission shall reside on Oahu, and one
shall reside in Maui
, Hawaii Real Estate Licensing Law &
Rules 2024/25 Questions and Answers
County, one on Kauai and one on Hawaii. ✔✔True.
Going to your broker's office and doing floor duty, which includes answering the
phone and
talking to prospects about the company's listings, after you have passed your
licensing exam but
before you have actually received your license, is a violation of the licensing law.
✔✔True.
Complaints against members of regulated industries are investigated by the
Regulated Industries
Complaint Office (RICO). ✔✔True.
Members of the Real Estate Commission are appointed for terms of five years.
✔✔False
The entities that may be licensed are individuals, partnerships, corporations and
LLCs. ✔✔True.
The maximum amount in the education fund shall be $1,500,000. ✔✔False
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