Hawaii real estate exam study guide 2024 Graded A+

Four land divisions in correct sequence.Answer-Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modularAnswer-Pre-fabricated buildings BlockbustingAnswer-Making you feel uncomfortable about who moved in your neighborhood SteeringAnswer-Race not fitting in with another race. Land contractAnswer-Installment contract/agreement of sale Seller removed two speakers after the closing and to hold a letter to the attic is his mom. What kind of remediation can the buyer pursue.Answer-Seller is liable, buyer can sue. Can seller's agent withhold money from seller's proceeds because the buyer is not satisfied with the buyer - seller agreement repair?Answer-No, only escrow can withhold money The purpose of FHA?Answer-Is to guarantee hi loan-to-value transaction. Stabilize the market insurance program. Does Hawaii statute cover fractional ownership?Answer-Yes. Six owners or less. Why is planned development needed?Answer-Make better use of the land. SMA stands forAnswer-Special management area Special management area is to protectAnswer-The ocean (wetlands).About RadonAnswer-Easy to detect cheap to fix Sets back vs zoningAnswer-Set back - 5 ft to 10 ft from Street zoning - resort, business, agricultural; controls what to do with lands. Who pays for drawing the deed?Answer-Seller In a "as is" contract, does the seller still need to get full written disclosure.Answer-Yes Hula Mae loans - at least _ _ year lease and _ _ years fix rate.Answer-35 year lease and 10 years fix lease. Not including executive meeting, who can attend board meetings?Answer-Members of the association and all owners of the condo. What is the Usery interest rate?Answer-12%