HI Real Estate study guide
HI Real Estate · Work through your exam, one topic at a time.
The Hawaii real estate salesperson credential is a professional license administered by the Real Estate Commission, a licensing authority within the Professional and Vocational Licensing Division of the Hawaii Department of Commerce and Consumer Affairs, whose licensing information is published at www.hawaii.gov/hirec. Most candidates pursue it as the entry point into brokerage practice, where salespeople work under a licensed principal broker. The HI Real Estate study guide has 5 sections and about 1,632 words.
01Hawaii Real Estate Law, Rules, and Commission Governance
Hawaii real estate practice runs on two layers: HRS chapter 467 (real estate brokers and salespersons) and the Real Estate Commission's administrative rules in HAR title 16, chapter 99. The Commission sits inside the Department of Commerce and Consumer Affairs, Professional and Vocational Licensing Division, and does three jobs: license, regulate, and discipline.
324 words, about 2 min02Agency, Contracts, and Brokerage Practice
Agency is a consensual fiduciary relationship: the client authorizes the broker to act on the client's behalf, and the broker owes care, obedience, loyalty, disclosure, accounting, and confidentiality. Hawaii recognizes seller agency, buyer agency, and dual agency.
303 words, about 2 min03Real Property Ownership, Interests, and Land Use
This distinction generates more Hawaii exam questions than any other. Fee simple is outright ownership of land and improvements.
335 words, about 2 min04Financing, Valuation, and Closing
Hawaii mortgage loan originators are licensed under HRS 454F, the state's implementation of the SAFE Act, and licensed through NMLS. Loan estimates and closing disclosures follow federal TRID timing, and ability-to-repay rules govern qualification.
322 words, about 2 min05Property Management, Condominiums, and Consumer Protection
Hawaii caps the security deposit at one month's rent, and any deposit taken to secure performance - including a pet deposit - counts toward that cap. The deposit must be returned within 14 days of termination with an itemized statement of any deductions; ordinary wear and tear cannot be charged.
348 words, about 2 min