Principles and Practices of Hawaiian Real Estate
UPDATED ACTUAL Questions and CORRECT
Answers
All of the following are synonymous with land improvements and rights therein except:
A) Real estate
B) Real property
C) Realtor
D) Realty - CORRECT ANSWER - C
In real estate, the term "improvements" most nearly means:
A) Fences, wells, drains and roadways
B) Additions to the original structure
C) Everything tangible except the land
D) Outbuildings - CORRECT ANSWER - C
The right of ownership, the right to use, possess, enjoy and dispose of a thing in every legal way and to exclude everyone
else without rights from interfering is called:
A) Corporeal ownership
B) Incorporeal ownership
C) Bundle of rights
D) Survivorship - CORRECT ANSWER - C
In Hawaii, mineral rights usually belong to:
A) Federal government
B) County government
C) Private land owners
D) State of Hawaii - CORRECT ANSWER - D
The boundary of your property line can be changed by:
I. Accretion
II. Encroachment
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - A
A riparian owner is one who owns land bounding on:
A) Municipal property
B) Waterway
C) National forest
D) Unsurveyed public lands - CORRECT ANSWER - B
Land, in a physical sense, may be said to include:
I. The surface of the earth and the subsurface
II. The air above the surface
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
Riparian rights are those possessed by:
I. An owner living in a townhouse subdivision
II. An owner living next to a waterway
A) I only
,B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - B
Under Hawaii State Law, the boundary line between public and private shoreline property is determined by:
A) Stakes in the sand
B) High wash of the waves
C) Mean high tide mark
D) The building lines - CORRECT ANSWER - B
The owner of land in Hawaii most commonly owns which of the following?
A) Air rights
B) Mineral rights
C) Geothermal rights
D) Oil rights - CORRECT ANSWER - A
An example of personal property is:
A) Household furnishings
B) Wall-to-wall carpeting
C) Built-in dishwasher
D) Disposal - CORRECT ANSWER - A
Which of the following does not apply to real property?
A) Chattel mortgage
B) Fee simple
C) Fixture
D) Appurtenances - CORRECT ANSWER - A
Which of the following is personal property?
A) Mineral rights
B) Water rights
C) The goodwill and inventory of a business opportunity
D) Trees - CORRECT ANSWER - C
Which of the following best defines real property:
A) Land and the air above it
B) Land and all below or above the surface, and all the improvements thereon
C) Land, buildings thereon and anything permanently affixed to the land and/or buildings
D) Land and the mineral rights in the land - CORRECT ANSWER - B
Generally, things or objects of a temporary or easily movable nature are:
A) Negotiated
B) Included
C) Personal property
D) Appurtenances - CORRECT ANSWER - C
When the contract for the sale of real property includes the cash sale of certain removable fixtures, such as refrigerators
and furniture, upon delivery of the deed the seller should also deliver a:
A) Bill of sale
B) Estoppal certificate
C) Chattel mortgage
D) Satisfaction piece - CORRECT ANSWER - A
Which of the following is not an appurtenance?
A) A barn
B) An orchard
C) A fence
D) A trade fixture - CORRECT ANSWER - D
The controlling factor in determining whether something is a fixture is:
,A) The method of its attachment
B) Description o the items
C) Its weight
D) The intention of the parties - CORRECT ANSWER - D
Which of the following is not required for a valid bill of sale?
A) Signature of the seller
B) Description of the items
C) Date of transaction
D) Name of buyer - CORRECT ANSWER - C
The distinguishing traits of real property, differing it from personal property, are that it:
A) Can be mortgaged
B) Is permanent, fixed, and immovable
C) Can be freely transferred
D) Is taxed at a higher rate - CORRECT ANSWER - B
If title is indefeasible it can't be:
A) Recorded
B) Conveyed
C) Voided
D) Alienated - CORRECT ANSWER - C
If "A" deeds property to "B" and his heirs, with the stipulation that if "B" leaves no heirs the property is then to go to "C,"
then "C" now holds:
A) A life estate
B) A reversionary estate
C) A remainder fee simple estate
D) A leasehold estate - CORRECT ANSWER - C
A life estate may be granted:
I. For the duration of more than one grantee's life
II. For the duration of the life of someone other than the grantee
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
A freehold may be:
I. A life estate
II. A fee simple estate
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
A university receives a gift of real property from an elderly couple who reserve to themselves a life estate. The university
is which of the following?
I. Grantor
II. Remainderman
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - B
An owner of a life estate can temporarily do all but one of the following:
A) Sell his interest
B) Mortgage his interest
, C) Devise his interest
D) Lease his interest - CORRECT ANSWER - C
A widow who is willed the use of the family home for the rest of her natural life, with provision that title shall go to the
children upon her death, holds:
A) A fee simple estate
B) A leasehold
C) An easement
D) A life estate - CORRECT ANSWER - D
Which of the following is correct regarding a life estate:
A) It must be measured by the life of one person only
B) Because it is based on life, it may not be encumbered by the holder
C) It may be created by will or deed
D) It requires that the holder make principal payments on any encumbrances - CORRECT ANSWER - C
The degree, quantity, or nature of a person's interest in real property is known as:
A) An estate
B) Dower
C) Curtesy
D) Possession - CORRECT ANSWER - A
The return of land to the grantor or his heirs when the grant is over is:
A) Remainder
B) Reversion
C) Kickback
D) Status quo - CORRECT ANSWER - B
The estate in land vested in a grantee "until he marries" is properly classified as:
A) An estate in equity
B) A defeasible fee
C) Less than a freehold estate
D) A life estate - CORRECT ANSWER - B
A wife's interest in her husband's pre-1977 estate prior to his death is best described as
A) Right of descendency
B) Curtesy
C) Consummate dower
D) Inchoate dower - CORRECT ANSWER - D
Prior to 1977 the right of dower in Hawaii means:
I. The wife may have an inchoate life interest in her husband's property whether freehold or leasehold
II. The wife does not lose her dower rights when the husband sells the property and she does not join in the deed
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
An easement appurtenant:
I. Is the usual type of easement granted to utility companies to permit them to run electric lines across the property.
II. Runs with the land.
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - B
Restrictions in a deed which benefit the grantor:
I. Can be removed by the grantor issuing a quitclaim deed:
II. Cannot be more strict than the current zoning use
UPDATED ACTUAL Questions and CORRECT
Answers
All of the following are synonymous with land improvements and rights therein except:
A) Real estate
B) Real property
C) Realtor
D) Realty - CORRECT ANSWER - C
In real estate, the term "improvements" most nearly means:
A) Fences, wells, drains and roadways
B) Additions to the original structure
C) Everything tangible except the land
D) Outbuildings - CORRECT ANSWER - C
The right of ownership, the right to use, possess, enjoy and dispose of a thing in every legal way and to exclude everyone
else without rights from interfering is called:
A) Corporeal ownership
B) Incorporeal ownership
C) Bundle of rights
D) Survivorship - CORRECT ANSWER - C
In Hawaii, mineral rights usually belong to:
A) Federal government
B) County government
C) Private land owners
D) State of Hawaii - CORRECT ANSWER - D
The boundary of your property line can be changed by:
I. Accretion
II. Encroachment
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - A
A riparian owner is one who owns land bounding on:
A) Municipal property
B) Waterway
C) National forest
D) Unsurveyed public lands - CORRECT ANSWER - B
Land, in a physical sense, may be said to include:
I. The surface of the earth and the subsurface
II. The air above the surface
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
Riparian rights are those possessed by:
I. An owner living in a townhouse subdivision
II. An owner living next to a waterway
A) I only
,B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - B
Under Hawaii State Law, the boundary line between public and private shoreline property is determined by:
A) Stakes in the sand
B) High wash of the waves
C) Mean high tide mark
D) The building lines - CORRECT ANSWER - B
The owner of land in Hawaii most commonly owns which of the following?
A) Air rights
B) Mineral rights
C) Geothermal rights
D) Oil rights - CORRECT ANSWER - A
An example of personal property is:
A) Household furnishings
B) Wall-to-wall carpeting
C) Built-in dishwasher
D) Disposal - CORRECT ANSWER - A
Which of the following does not apply to real property?
A) Chattel mortgage
B) Fee simple
C) Fixture
D) Appurtenances - CORRECT ANSWER - A
Which of the following is personal property?
A) Mineral rights
B) Water rights
C) The goodwill and inventory of a business opportunity
D) Trees - CORRECT ANSWER - C
Which of the following best defines real property:
A) Land and the air above it
B) Land and all below or above the surface, and all the improvements thereon
C) Land, buildings thereon and anything permanently affixed to the land and/or buildings
D) Land and the mineral rights in the land - CORRECT ANSWER - B
Generally, things or objects of a temporary or easily movable nature are:
A) Negotiated
B) Included
C) Personal property
D) Appurtenances - CORRECT ANSWER - C
When the contract for the sale of real property includes the cash sale of certain removable fixtures, such as refrigerators
and furniture, upon delivery of the deed the seller should also deliver a:
A) Bill of sale
B) Estoppal certificate
C) Chattel mortgage
D) Satisfaction piece - CORRECT ANSWER - A
Which of the following is not an appurtenance?
A) A barn
B) An orchard
C) A fence
D) A trade fixture - CORRECT ANSWER - D
The controlling factor in determining whether something is a fixture is:
,A) The method of its attachment
B) Description o the items
C) Its weight
D) The intention of the parties - CORRECT ANSWER - D
Which of the following is not required for a valid bill of sale?
A) Signature of the seller
B) Description of the items
C) Date of transaction
D) Name of buyer - CORRECT ANSWER - C
The distinguishing traits of real property, differing it from personal property, are that it:
A) Can be mortgaged
B) Is permanent, fixed, and immovable
C) Can be freely transferred
D) Is taxed at a higher rate - CORRECT ANSWER - B
If title is indefeasible it can't be:
A) Recorded
B) Conveyed
C) Voided
D) Alienated - CORRECT ANSWER - C
If "A" deeds property to "B" and his heirs, with the stipulation that if "B" leaves no heirs the property is then to go to "C,"
then "C" now holds:
A) A life estate
B) A reversionary estate
C) A remainder fee simple estate
D) A leasehold estate - CORRECT ANSWER - C
A life estate may be granted:
I. For the duration of more than one grantee's life
II. For the duration of the life of someone other than the grantee
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
A freehold may be:
I. A life estate
II. A fee simple estate
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
A university receives a gift of real property from an elderly couple who reserve to themselves a life estate. The university
is which of the following?
I. Grantor
II. Remainderman
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - B
An owner of a life estate can temporarily do all but one of the following:
A) Sell his interest
B) Mortgage his interest
, C) Devise his interest
D) Lease his interest - CORRECT ANSWER - C
A widow who is willed the use of the family home for the rest of her natural life, with provision that title shall go to the
children upon her death, holds:
A) A fee simple estate
B) A leasehold
C) An easement
D) A life estate - CORRECT ANSWER - D
Which of the following is correct regarding a life estate:
A) It must be measured by the life of one person only
B) Because it is based on life, it may not be encumbered by the holder
C) It may be created by will or deed
D) It requires that the holder make principal payments on any encumbrances - CORRECT ANSWER - C
The degree, quantity, or nature of a person's interest in real property is known as:
A) An estate
B) Dower
C) Curtesy
D) Possession - CORRECT ANSWER - A
The return of land to the grantor or his heirs when the grant is over is:
A) Remainder
B) Reversion
C) Kickback
D) Status quo - CORRECT ANSWER - B
The estate in land vested in a grantee "until he marries" is properly classified as:
A) An estate in equity
B) A defeasible fee
C) Less than a freehold estate
D) A life estate - CORRECT ANSWER - B
A wife's interest in her husband's pre-1977 estate prior to his death is best described as
A) Right of descendency
B) Curtesy
C) Consummate dower
D) Inchoate dower - CORRECT ANSWER - D
Prior to 1977 the right of dower in Hawaii means:
I. The wife may have an inchoate life interest in her husband's property whether freehold or leasehold
II. The wife does not lose her dower rights when the husband sells the property and she does not join in the deed
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - C
An easement appurtenant:
I. Is the usual type of easement granted to utility companies to permit them to run electric lines across the property.
II. Runs with the land.
A) I only
B) II only
C) Both I and II
D) Neither I nor II - CORRECT ANSWER - B
Restrictions in a deed which benefit the grantor:
I. Can be removed by the grantor issuing a quitclaim deed:
II. Cannot be more strict than the current zoning use
