Hawaii State Real Estate Practice Exam

Prior to the origin of Hawaii's land system in the 1840s who owned all of the lands? - Answer- The Kings were the sovereign owners of all the lands (feudal system), thus private ownership (allodial system) did not exist. What are the land directions if he/she is on shore, facing the mountains? - Answer- The direction is Mauka What are the land directions if he/she is facing the ocean? - Answer- The direction is Makai What are the land directions if he/she is facing North? - Answer- Diamond Head or Koko Head (northeast) What are the land directions if he/she is facing South? - Answer- Lalo or Ewa (south west) The Great Mahele occurred when? - Answer- 1848 Defined boundaries and official maps of all lands in the state are made part of what records? - Answer- Bureau of Conveyances in Honolulu Hawaii today consists of how many islands? - Answer- 124 islands situated in the Pacific Ocean What are the 8 major islands in Hawaii from biggest to smallest? - Answer- Hawaii, Maui, Oahu, Kauai, Molokai, Lanai, Niihau, and Kahoolawe When was Hawaii overthrown? - Answer- 1893 What is the meaning of "bundle of rights" ? - Answer- The right to possess, the right to use or keep from using, the right to encumber, the right to enjoy, and the right to dispose. When was geothermal rights classified as a mineral? - Answer- 1974 A riparian owner is one who owns land bounding on? - Answer- waterway Personal property is financed by? - Answer- Way of security agreement and financing statement (elsewhere often called a chattel mortgage). Real property is usually financed by? - Answer- Mortgage Sale o