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Real Estate Salesperson Exam — National Portion

Disclosure (HI): practice questions

Our Real Estate (National) bank has 4 questions on this topic. Here are 4 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Hawaii

Which sale is exempt from Hawaii's seller disclosure law?

  1. A sale by a homeowner to a stranger
  2. A sale of a leasehold condo by its owner
  3. A sale to the seller's child
  4. A sale through a licensed broker
Show the answer

C. A sale to the seller's child — HRS 508D-3(2).

Question 2 · Hawaii

Unless the parties agree otherwise in writing, how soon after acceptance of a purchase contract must a Hawaii seller provide the disclosure statement?

  1. Ten calendar days
  2. Three business days
  3. Before closing
  4. Thirty calendar days
Show the answer

A. Ten calendar days — HRS 508D-5(a), (c).

Question 3 · Hawaii

Hawaii's seller disclosure law covers residential real property with how many dwelling units?

  1. One to six
  2. One to four
  3. One or two only
  4. Any number
Show the answer

B. One to four — HRS 508D-1 (residential real property).

Question 4 · Hawaii

After receiving the seller's disclosure statement, how long does a Hawaii buyer have to rescind?

  1. Five calendar days
  2. Until closing
  3. Fifteen calendar days
  4. Thirty calendar days
Show the answer

C. Fifteen calendar days — HRS 508D-5(b).

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