Hawaii Salesperson Exam Prep Edge Free Assessment for HI Real Estate Exam Prep

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In order to become an Hawaii real estate agent, you'll need to pass the real estate exam! Below are eight free Hawaii real estate practice exam questions that will closely resemble your test. Review these questions and see what you know! The answers are provided beneath the question set.

1. Martina, a Hawaii escrow officer, often works with Paul, a broker who is representing Kelly, a seller. Kelly's buyer submits an earnest money deposit, which Paul then submits to Martina. The parties get into a contract dispute. Which of these statements best describes how Martina must handle the earnest money?

  1. She must release the funds based on instructions from Paul.
  2. She must release the funds based on instructions from the buyer.
  3. She must release the funds based on instructions from the seller.
  4. She must release the funds based on the contract and escrow instructions.

2. How does use of a Hawaii land trust protect the true identity of the property owner?

  1. It allows property to be purchased and held in the name of a trustee.
  2. It allows the property owner to seal all records of conveyance.
  3. It permits buyers to purchase property in the name of a fictitious buyer.
  4. It permits the property owner's name to be removed from all legal conveyance documents.

3. Kona and Kai signed a contract to purchase a use time share on Hawaii Island. Which of these items must the sales contract include?

  1. A 30-day rescission period
  2. A clause indemnifying the seller from personal injuries suffered by the buyer on the property
  3. A seven-day rescission period
  4. A statement notifying the buyer that the Director of Commerce and Consumer Affairs oversees Hawaii time shares

4. A Hawaii escrow officer needs to calculate a proration for a period of 12 days in February. How will this calculation be performed?

  1. Calculate the monthly cost, then divide by 28.
  2. Calculate the monthly cost, then divide by the number of days in February.
  3. Divide the annual cost by 360; multiply the result by 12.
  4. Divide the annual cost by 365; multiply the result by 12.

5. The Kauai Development Group, which owns Kauai Hilltop Apartments, has decided to convert the property to condominiums. They've provided the existing month-to-month tenants with a 45-day written notice. Based on landlord-tenant laws, the tenants have filed a grievance with the Department of Commerce and Consumer Affairs. What's the most likely reason?

  1. By law, the tenants have the first right of refusal to purchase the unit they're currently renting.
  2. It's illegal for the landlord to convert the property until all existing leases have terminated.
  3. The landlord didn't provide the required 120-day notice.
  4. They're protesting the property conversion

6. How are Hawaii mechanic's liens enforced?

  1. The county clerk transfers the property from the owner to the lienor.
  2. The filer takes the property from the owner.
  3. The lien holder can force foreclosure, and the courts settle liens in priority order.
  4. The lien holder can only collect when the property owner attempts to sell the property.

7. For which of these transactions is agency disclosure required in Hawaii?

  1. Chanel found a short-term vacation renter for six weeks for Noni's timeshare.
  2. Ken, a Hawaii licensee, helped Rita rent out a room in her house for six months.
  3. Martin, a Hawaii licensee, found a tenant for Andy's commercial building; the lease is for 10 months.
  4. Susan, a Hawaii licensee, helped Bob negotiate an option to purchase Nathan's hair salon.

8. Lanikila bought a home in a PD-H community. How does ownership of the common amenities differ from ownership of these amenities in a condominium project?

  1. Lanikila co-owns the amenities with the other unit owners; condo owners have use permission only.
  2. Lanikila has use of, but not ownership interest in, the amenities.
  3. Shared amenities in a PD-H are owned by the property owners.
  4. The businesses located in the PUD share ownership of the amenities.
Answers: 1. D, 2. A, 3. C, 4. C, 5. C, 6. C, 7. D, 8. B

 

For a more comprehensive view into the types of questions you can expect on the exam, sign up for our free assessment. You’ll have the chance to review a 99-question real estate practice exam at no cost to you. Note that answers are only provided upon purchasing Exam Prep.

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Your free assessment consists of access to the Exam Prep Edge initial assessment exam that will give you immediate feedback on the topics you’ve mastered and the ones you still need to work on. Note that you’re required to purchase the program before you’re able to access the study materials or unlimited practice exams.

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What happens when my free trial ends?

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