FREE HI Bar Real Estate Law Questions and Answers
In Hawaii, what is the effect of a "right of first refusal" clause in a real estate contract?
Correct!
Wrong!
A right of first refusal gives the tenant the opportunity to buy the property on the same terms as a potential third-party buyer.
Which of the following is required to create a valid deed in Hawaii?
Correct!
Wrong!
For a deed to be valid in Hawaii, it must be delivered to and accepted by the grantee.
What must a landlord provide to a tenant before entering into a lease agreement under Hawaii’s landlord-tenant code?
Correct!
Wrong!
The Hawaii Residential Landlord-Tenant Code requires landlords to provide a lease agreement and their contact information before finalizing a lease.
What type of tenancy is created when two or more people own property together with equal shares and the right of survivorship in Hawaii?
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Wrong!
Joint tenancy in Hawaii involves equal ownership with the right of survivorship, meaning that upon one owner's death, the property passes to the surviving owners.
In Hawaii, which of the following actions requires a real estate license?
Correct!
Wrong!
In Hawaii, managing rental properties for others, including collecting rent and handling maintenance, requires a real estate license.