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 mortgage payment leads to immediate full payment of
balance
Access Rights and Permissions ✔✔Right for owner to enter
,accession ✔✔Property acquired by joining with another
accretion ✔✔Addition to land (natural)
acknowledgement ✔✔Formal declaration (notary)
acre ✔✔43,560 square feet (7/11)
Accrued Depreciation ✔✔Loss of value due to physical change
Actual Authority ✔✔Principal to agent
Adjoining owner ✔✔One whose property is contiguous; to be next to
administrator ✔✔Person appointed to admin estate after death (no will)
,Ad Valoren ✔✔Tax according to valuation
Adverse possession ✔✔Open an hostile 20 years (title taken)
affidavit ✔✔a sworn written statement
Affirm ✔✔Confirm
Agency ✔✔Act of making agent legal rep
Agreement of Sale ✔✔Buyer agrees to buy/seller agrees to sell upon conditions met
Air Rights ✔✔Space above property
Alienation ✔✔Transfer of title to real property
allegation ✔✔a formal accusation
, Alluvion ✔✔Accretion
American Land Title Association (ALTA) ✔✔Title insurance
American society of appraisers (asa) ✔✔A professional organization of appraisers.
Americans with Disabilities Act ✔✔Can't discriminate
Amortization ✔✔Installments to pay off debt
Anchor tenant ✔✔Major tenant at shopping center that serves to attract customers
Annexation ✔✔Joining one thing to another
Annual Percentage Rate (APR) ✔✔the cost of credit on a yearly basis, expressed as a percentage
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 mortgage payment leads to immediate full payment of
balance
Access Rights and Permissions ✔✔Right for owner to enter
,accession ✔✔Property acquired by joining with another
accretion ✔✔Addition to land (natural)
acknowledgement ✔✔Formal declaration (notary)
acre ✔✔43,560 square feet (7/11)
Accrued Depreciation ✔✔Loss of value due to physical change
Actual Authority ✔✔Principal to agent
Adjoining owner ✔✔One whose property is contiguous; to be next to
administrator ✔✔Person appointed to admin estate after death (no will)
,Ad Valoren ✔✔Tax according to valuation
Adverse possession ✔✔Open an hostile 20 years (title taken)
affidavit ✔✔a sworn written statement
Affirm ✔✔Confirm
Agency ✔✔Act of making agent legal rep
Agreement of Sale ✔✔Buyer agrees to buy/seller agrees to sell upon conditions met
Air Rights ✔✔Space above property
Alienation ✔✔Transfer of title to real property
allegation ✔✔a formal accusation
, Alluvion ✔✔Accretion
American Land Title Association (ALTA) ✔✔Title insurance
American society of appraisers (asa) ✔✔A professional organization of appraisers.
Americans with Disabilities Act ✔✔Can't discriminate
Amortization ✔✔Installments to pay off debt
Anchor tenant ✔✔Major tenant at shopping center that serves to attract customers
Annexation ✔✔Joining one thing to another
Annual Percentage Rate (APR) ✔✔the cost of credit on a yearly basis, expressed as a percentage
