Hawaii Real Estate Exam Ch. 13-16 Module 5 Final Exam Questions 2024.

Hawaii Real Estate Exam Ch. 13-16 Module 5 Final Exam Questions 2024. Quitclaim Deed - correct answer A deed that conveys no promises but implies that the grantor owns the property a valid deed in completion of a sales contract must be signed by the: - correct answer Seller Hawaii State Conveyance Tax rate for properties - correct answer 1. $0.15 per $100 for properties less than $600,000 2. $0.40........................................$1mil. but less than $2mil 3. $0.60........$2mil but less than $4mil 4. $0.85........$4mil but less than $6mil 5. $1.10........$6mil but less than $10mil Statue of Frauds - correct answer Creates the need for the deed to be in writing A Claim of title by adverse possession may be defeated by the property owner by? - correct answer Permission In a valid deed, what statement is correct about the grantee? - correct answer A deed can be used to convey title to a person with an assumed name A deed made and delivered, but not recorded is: - correct answer Valid between the parties and valid as to third parties with notice Which of the deeds offers the LEAST protection to the grantee? - correct answer Quitclaim Methods of involuntary alienation include: - correct answer •Lien foreclosure condemnation under eminent domain •Adverse possession Which of the following is not necessary to the validity of a deed? - correct answer recording the deed A quitclaim deed is used to accomplish what? - correct answer correct a record on title transfer an interest to a co-tenant in common remove a cloud from title, such as a possible dower interest. When does legal title to real property pass from the seller to the buyer? - correct answer When the deed is delivered