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 properties sold after July 1,
1977.
Under Hawaii's Uniform Probate Code, how much can a spouse claim at the decedent's death?
✔✔1/3 elective share for properties sold after July 1, 1977.
Jackson Hillario exercised his right of election when his wife died and left everything to her ex-
husband. Will he receive real, personal, or nothing, or both? How much? ✔✔a portion of both
her real and personal property, depending on how long they were married.
,At least one member of the board of directors of a Hawaii corporation must be: ✔✔a resident of
Hawaii.
T or F: A benefit of placing real property in a land trust may be that it avoids ancillary probate
for non-residents. ✔✔True.
T or F: A benefit of placing real property in a land trust may be that it allows the property to be
registered in Land Court. ✔✔False.
T or F: A benefit of placing real property in a land trust may be that it serves as an alternative to
an agreement of sale. ✔✔True.
T or F: A benefit of placing real property in a land trust may be that it prevents partitioning.
✔✔True.
The beneficial interest of the owner of real property held in a land trust is considered what kind
of property? ✔✔Personal property
, T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have an individual licensed broker designated as the principal broker of the brokerage
business. ✔✔True.
T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have all members of the partnership licensed, with one as a licensed broker in charge of the
brokerage business. ✔✔False. It must have an individual licensed broker designated as the
principal broker of the brokerage business.
T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have all persons involved in the brokerage aspects of the business licensed as brokers.
✔✔False. It must have an individual licensed broker designated as the principal broker of the
brokerage business.
T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have a licensed broker to supervise the licensed salespersons but anyone who is licensed as
a broker may operate independently on behalf of the partnership. ✔✔False. It must have an
individual licensed broker designated as the principal broker of the brokerage business.
(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 properties sold after July 1,
1977.
Under Hawaii's Uniform Probate Code, how much can a spouse claim at the decedent's death?
✔✔1/3 elective share for properties sold after July 1, 1977.
Jackson Hillario exercised his right of election when his wife died and left everything to her ex-
husband. Will he receive real, personal, or nothing, or both? How much? ✔✔a portion of both
her real and personal property, depending on how long they were married.
,At least one member of the board of directors of a Hawaii corporation must be: ✔✔a resident of
Hawaii.
T or F: A benefit of placing real property in a land trust may be that it avoids ancillary probate
for non-residents. ✔✔True.
T or F: A benefit of placing real property in a land trust may be that it allows the property to be
registered in Land Court. ✔✔False.
T or F: A benefit of placing real property in a land trust may be that it serves as an alternative to
an agreement of sale. ✔✔True.
T or F: A benefit of placing real property in a land trust may be that it prevents partitioning.
✔✔True.
The beneficial interest of the owner of real property held in a land trust is considered what kind
of property? ✔✔Personal property
, T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have an individual licensed broker designated as the principal broker of the brokerage
business. ✔✔True.
T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have all members of the partnership licensed, with one as a licensed broker in charge of the
brokerage business. ✔✔False. It must have an individual licensed broker designated as the
principal broker of the brokerage business.
T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have all persons involved in the brokerage aspects of the business licensed as brokers.
✔✔False. It must have an individual licensed broker designated as the principal broker of the
brokerage business.
T or F: In Hawaii a partnership which participates in real estate dealings as part of its business
must have a licensed broker to supervise the licensed salespersons but anyone who is licensed as
a broker may operate independently on behalf of the partnership. ✔✔False. It must have an
individual licensed broker designated as the principal broker of the brokerage business.
