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PSI Exam Prep: Practice of Real Estate Graded A The Office of Fair Housing and Equal Opportunity, which is a part of the___________________ enforces federal fair housing laws. Department of Housing and Urban Development (HUD) Federal laws outline seven protected classes what are they? Race, color, religion, sex, disability, familial status, and national origin. Some courts have upheld that discrimination based on sexual identity is protected under the prohibition of discrimination based ...

Permit Test Hawaii Questions and Answers 100% Pass When you take a road test for a driver's license: All of the above When you change your address you must notify the County Examiner of drivers: In writing, within 30 days. When you change your name you must notify the County Examiner of drivers in person with proof of the change within: 30 days. When driving a vehicle upon any public street or highway you must: Alloftheabove. When your driver's license expires you may: You may not driv...

Module 4: Hawaii Pre-Licensing Real Estate Exam Already Passed Which of the following best represents rescission of a contract? A) Option to purchase can be transferred by a lessee to a lessor B) Lease was terminated with the mutual agreement of both parties C) One of the parties can change the contract at a later date D) Offer to buy B) Lease was terminated with the mutual agreement of both parties An offer, where no earnest money or deposit is given with the contract, is valid. A) True...

Module 1: Hawaii Pre-Licensing Real Estate Class Questions and Answers Graded A In real estate, the term improvements most nearly means: A) Fences, wells, drains and roadways. B) Additions to the original structure. C) Everything artificial or constructed except the land. D) Upgrades to the interior. C) Everything artificial or constructed except the land. All real estate except land. Includes buildings, fixtures, fences, curbs, sewers, etc. A riparian owner is one who owns land boundin...

Hawaii State Real Estate Questions and Answers Passed with 100% lands extending inland from the shoreline as delineated on the maps filed with the counties Special Management Area (SMA) A brokerage firm may associate or employ a salesperson or broker- salesperson who resides on an island different from that of the principal place of business, provided that the salesperson or broker-salesperson shall not maintain or advertise a place of business other than the principal place of business T...

Hawaii State Real Estate Practice Exam Already Passed Prior to the origin of Hawaii's land system in the 1840s who owned all of the lands? 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? The direction is Mauka What are the land directions if he/she is facing the ocean? The direction is Makai What are the land directions if he/she is fac...

Hawaii State Exam Questions and Answers 100% Pass Escrow calls the agent and says they can close early and are ready. In preparation to close: a. The seller and the buyer must set a date b. The lessor must give permission (if it is lease land) c. Escrow and mortgage documents must be ready for signature d. All of the above d. All of the above An owner appeared at the public hearing concerning construction of a new storage facility for hydrogen gas to be erected near his home. He objected...

Hawaii Real Estate Test Questions and Answers Already Passed Abandonment the relinquishment of all rights and title to a property with no intention of reclaiming ownership abstract Disclosure statement to initial condo purchasers Abstract of Title Condensed history of Titel (all recorded aspects) Abutting Owner Land touches highway or public place Accredited Property Manager One awarded such a designation by Institute of Real Estate Management (IREM). Acceleration Clause Default of mort...

Hawaii Real Estate Questions and Answers 100% Pass Hawaii, mineral rights usually belong to State of Hawaii Hawaii state law the boundary line between public and private shoreline property is determined by High wash and waves Hawaii land owners most commonly own Air Rights Example of personal property is household furnishings Best describes real property land and all below or above the surface and all the improvements thereon The controlling factor in determining whether something is a ...

Hawaii Real Estate Licensing Law & Rules Questions and Answers Already Passed The Real Estate Commission has nine members, all of whom must be licensed real estate brokers. False caretaker or custodian who leases or offers to lease, or rents or offers to rent condominium units on behalf of an association of condominium owners is required to be licensed. True. In a partnership engaged in real estate brokerage, every active partner must have a real estate salesperson's license. False per...

Hawaii Real Estate Final Exam Questions and Answers 100% Pass Which of the following is true with regard to timeshare sales? Within seven calendar days after the execution of the contract to purchase an interest in a timeshare plan or receipt of a disclosure statement, whichever occurs later, either party may cancel the contract without penalty. If 40% or more of a condominium project has been sold and recorded, the first meeting of a condominium unit owners' association must be held wit...

Hawaii real estate exam study guide latest 2023 graded A+ Four land divisions in correct sequence. Division one - oahu Division Two - Maui Division three - Big Island, Division four - Kauai. What is an example of modular Pre-fabricated buildings Blockbusting Making you feel uncomfortable about who moved in your neighborhood Steering Race not fitting in with another race. Land contract Installment contract/agreement of sale Seller removed two speakers after the closing and to hold a lett...

Hawaii Real Estate Exam State Only (2022/2023) Already Graded A 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 the top of the mountain to the ocean is called Ahupua'a A husband or wife may claim a 1/3 elective share of the other's estate at the decedent's death under what code? Under Hawaii's Uniform Probate Code for prop...

Hawaii Real Estate Exam Questions and Answers Rated A+ Chp. 1 History and Development of Hawaii Real Estate State Land Use Commission (LUC) classified all lands in the State into 4 land use districts 1. Urban 2. Agricultural 3. Rural 4. Conservation Chp. 1 History and Development of Hawaii Real Estate 1. Urban Districts - Zoned into improved and unimproved residential, apartment, hotel and resort, industrial, and commercial - Lands in urban areas with sufficient reserve areas to accom...

Hawaii Real Estate Exam Questions and Answers Already Passed Hawaii Revised Statutes include specific chapter on all of the following forms of property ownership EXCEPT: A. Timeshares B. Cooperative housing C. Fractional ownership D. Planned communities C. Fractional ownership Client trust funds shall be placed into the brokerage trust account: A. On the day of receipt B. By the next calendar day following receipt C. By the next business day following receipt D. Within three busines...

Hawaii Real Estate Exam Questions and Answers 100% Pass 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 D.) A statement the seller provides to the buyer that outlines all known p...

Hawaii Practice Permit Test (1-30) (2022/2023) Already Passed When you take a road test for a driver's license: a) You must provide the vehicle b) The vehicle must be in safe operating condition free of safety defects c) You must be accompanied to the testing station by a licensed driver d) All of the above all of the above When you change your address you must notify the county examiner of drivers: a) In writing, within 30 days When you change your name you must notify the County Exam...

Hawaii Practice Permit Test (31-60) Latest 2023 Graded A+ An intersection has no traffic signs or signals. You arrive at the same times as another vehicle. You should: slow down and yield to the vehicle on the right You are coming to an intersection with a yield sign. What do you do? slow down and stop if necessary You are coming to an intersection with a stop sign. What do you do? stop You are coming to an intersection and have a green light. Pedestrians are crossing against the red. Yo...

Hawaii Notary Study Guide Latest 2022/2023 Rated A+ disposition Written statement verified by oath, mainly written testimony of a witness in advance of the trial or hearing extortion the wresting of anything of value from another by duress, force, or by any undue exercise of power forgery The fraudulent making or altering of any writing, with the intent to deceive another and prejudice the person in some right Perjury making, in an official proceeding, under an oath required or authorize...

Hawaii Notary Handbook Questions and Answers Graded A+ A Notary Public is a public officer whose functions include:(1) ________ (2) witnessing the signing of documents; (3) attesting to the identity of the signers of the document; (4) noting protests; and (5) taking acknowledgments of documents. administering oaths A Notary Public is a public officer whose functions include:(1) administering oaths; (2) _____________ (3) attesting to the identity of the signers of the document; (4) noting ...