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Exam (elaborations)

Hawaii Real Estate Exam Questions and Answers 100% Pass

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  • Course
  • Hawaii Real Estate
  • Institution
  • Hawaii Real Estate

Hawaii Real Estate Exam Questions and Answers 100% Pass 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 r...

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  • August 25, 2024
  • 110
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Hawaii Real Estate
  • Hawaii Real Estate
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TheeGrades
Hawaii Real Estate Exam Questions and
Answers 100% Pass
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 ✔✔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.

, Hawaii Real Estate Exam Questions and
Answers 100% Pass
D.) The seller makes no guarantee regarding the property's future resale value

✔✔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.

✔✔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

, Hawaii Real Estate Exam Questions and
Answers 100% Pass
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


d.)$565.33 seller debit, buyer credit ✔✔b.)494.66 seller debit, buyer credit


Lily owned a double lot on the waterfront. She sold the lot to Hannah and

placed a private


restriction prohibiting anything taller than a one-story 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.

, Hawaii Real Estate Exam Questions and
Answers 100% Pass
d.)File suit against Lily to have the restriction removed. ✔✔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.

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