Wisconsin Real Estate Exam 2025 Newest Prep Test
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Estate Test 2025
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 - ...ANSWER...✓✓ D.)
A statement the seller provides to the buyer that outlines
all known property defects
Which of these acknowledgments do buyers and sellers
make by signing the HAR Purchase Contract form?
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A.)The brokerage firm makes no guarantee as to the tax
map key.
B.) The brokerage firm must ask permission before
placing any ads or property signage.
C.) The buyers are purchasing the property in as-is
condition.
D.) The seller makes no guarantee regarding the
property's future resale value - ...ANSWER...✓✓ D.) The
seller makes no guarantee regarding the property's
future resale value
In which of these situations does a Hawaii licensee have a
disclosable ownership interest in the property?
a.) Carson represents both the buyer and the seller in a
transactions.
b.) Kennedy is representing his LLC in the purchase of a
commercial building.
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c.)Rebecca is listing her neighbor's vacation home.
d.) Roger is listing a property that he sold to the current
owner eight years ago. - ...ANSWER...✓✓ b.) Kennedy is
representing his LLC in the purchase of a commercial
building.
**Jeanine sold her Kihei duplex to Carlton for $418,000,
and closing is on May 16. Each unit rents for $530 per
month. The tenants paid rent in full on May 1. At closing,
how will prorated rent be shown on the closing
statements?
a.)$494.66 seller credit, buyer debit
b.)494.66 seller debit, buyer credit
c.)$565.33 seller credit, buyer debit
d.)$565.33 seller debit, buyer credit - ...ANSWER...✓✓
b.)494.66 seller debit, buyer credit
Lily owned a double lot on the waterfront. She sold the lot
to Hannah and placed a private restriction prohibiting
anything taller than a one-story building. Hannah wants
to build a three-story house. What is her most likely
option?
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a.)Apply to the zoning board of appeals for a variance.
b.)Check to see if the building and zoning regulations will
permit a larger house.
c.)Conform to the deed restriction.
d.)File suit against Lily to have the restriction removed. -
...ANSWER...✓✓ c.)Conform to the deed restriction.
Hawaii's laws around consent require that Hawaii
contracts be signed without undue influence or duress.
Which of these situations is an example of duress?
a.)Lokelani cries and acts as if she's distraught over her
mother's safety to get her mother to move out of the
family home.
b.)Lono describes to his mother the reasons that her
property won't sell for as much as she thinks it should.
c.) Maik shows her grandmother information from
properties that really aren't comparable to hers to
convince her to sell the property at a reduced price.
d.) Nalani threatens to expose a family secret if Oke
refuses to agree to sell their house. - ...ANSWER...✓✓ d.)
Nalani threatens to expose a family secret if Oke refuses
to agree to sell their house.