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...
Real Estate Pre-License Exam – Hawaii
Questions and Answers
What is the definition of a Broker? ✔✔A direct agent of the principal who is
hired for
compensation to perform a stated services such as procuring a customer.
Define Brokerage. ✔✔The business of procuring customers on behalf of clients
for the purpose
of completing a real estate transaction.
What is Common Law? ✔✔A body of law developed by court judgments,
decrees, or case
decisions.
Define Property Management. ✔✔The business of managing the physical and
financial condition
of an investment property for an owner.
What is the definition of a Salesperson? ✔✔A licensed employee, or
independent contractor,
, Real Estate Pre-License Exam – Hawaii
Questions and Answers
hired by a broker to perform authorized activities on behalf of the broker's
client.
What is Severance? ✔✔The conversion of real property to personal property by
detaching it
from real estate.
What is Affixing? ✔✔The act of converting personal property to real property by
attaching it to
real estate.
What is the definition of Real Estate? ✔✔Land and all man-made structures
permanently
attached to it.
What is Real Property? ✔✔Real estate and the bundle of rights associated with
ownership of real
estate.
, Real Estate Pre-License Exam – Hawaii
Questions and Answers
What are the five "Bundle of Rights"? ✔✔Possess, use, transfer, encumber, and
exclude.
What does the Right to Encumber mean? ✔✔The right to mortgage the property
as collateral for
debt.
What is Curtesy? ✔✔A husband's life estate claim to portions of his deceased
wife's real
property.
What is Dower? ✔✔A wife's life estate claim to portions of his deceased
husband's real property.
What is a Defeasible fee estate? ✔✔A fee estate where ownership is perpetual,
provided that
usage restrictions, and other conditions, are upheld.
What is an Estate? ✔✔A set of rights to real property that includes the right to
possession.
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