Hawaii Real Estate Exam Questions and Answers with complete

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 - AnswerD.) 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 d.)$565.33 seller debit, buyer credit - Answer-b.)494.66 seller debit, buyer credit