HRES - Hawaii Real Estate Salesperson

Question 1: A broker has fully earned her commission on a closed deal but leaves those undisputed commission funds sitting in the client trust account for months. Under the administrative trust-account rule, how is leaving earned commissions in the trust account BEST characterized?

A permitted safe harbour

Prudent protection of client funds

Required until the client objects

It is itself commingling

Question 2: A single licensee defrauds three separate buyers, and each obtains a judgment seeking twenty-five thousand dollars from the Real Estate Recovery Fund. Considering the fund's aggregate ceiling, what is the most the fund will pay out on account of this one licensee?

Seventy-five thousand dollars total

Twenty-five thousand dollars total

Fifty thousand dollars total

One hundred thousand dollars

Question 3: A licensee misses the renewal deadline at the close of an even-numbered year. His broker asks precisely when the unrenewed license legally becomes a forfeiture rather than merely an expired credential. Which statement BEST identifies that forfeiture moment under Hawaii law?

January 1 of the odd year

December 31 of the even year

The renewal deadline itself

Two years after expiration

Question 4: A salesperson defends a misrepresentation charge by insisting the commission cannot discipline her unless it proves she acted wilfully. Regarding mental state, which statement BEST describes how chapter 467 treats her knowledge or intent in a disciplinary proceeding against her?

Wilfulness is required for discipline

Intent is entirely irrelevant here

Knowledge must be proven first

Good-faith reliance only mitigates

Question 5: A licensee in Kona obtains signatures from a buyer and an unrelated second co-buyer who are not cotenants, each of them signing the same purchase agreement. Under Hawaii's delivery statute, whom must the licensee give a copy of that signed agreement?

Each party who signed it

Only the first buyer

Just one copy between them

Only the party who requests

Question 6: Two friends buy an oceanfront condominium in Kihei together and sign the purchase agreement as cotenants at the same time. Under Hawaii's delivery statute, how many copies of the signed agreement must the licensee deliver to these cotenant signers?

One copy for each signer

Two copies to be safe

Only one copy

A copy plus a duplicate

Question 7: A Honolulu brokerage's trust account earns interest, but the parties never signed any agreement about who receives it. Under the administrative trust-account rule, in the absence of a written agreement, to whom does that accrued interest lawfully belong here?

The brokerage that holds them

A state real estate fund

The principal broker as trustee

The owner of the funds

Question 8: A broker whose license was terminated after a Real Estate Recovery Fund payout hopes to be relicensed quickly. Under the statute, what two conditions must be met before that person can ever receive a new Hawaii real estate license?

Two years and partial repayment

Immediate repayment with no wait

Five years and full repayment

Ten years and full repayment

Question 9: A salesperson claims that because her broker supervises her work, chapter 467 automatically makes her the broker's employee. Regarding the relationship between a Hawaii broker and the broker's licensees, which statement BEST reflects what the statute actually provides here?

No employment relationship is created

Supervision creates an employment relationship

The commission loses regulatory power

Employment is presumed unless waived

Question 10: After renewing on inactive status for missing his continuing education, a Kona salesperson now wants to resume representing clients in sales transactions. Under Hawaii's continuing education framework, what must he do before he may lawfully return to active practice?

Retake the licensing examination

Reapply as a new licensee

Wait until the next biennium

Complete the missing continuing education

Question 11: A listing broker receives two competing written offers on a single Wailuku home the same afternoon. Under the administrative conduct rule, how must the broker handle these offers, and what must happen when the seller rejects one of the offers?

Present only the highest offer

Transmit each immediately; return rejections noted

Hold offers until both are complete

Discard rejected offers without notation

Question 12: When a Hawaii salesperson applies to renew her license, the statute requires her to give the commission proof of continuing education attended within a defined span. Which period must that continuing education fall within to count toward the renewal?

Any time since first licensure

The five years before renewal

The current calendar year only

The two years before renewal

Question 13: A licensee works directly with a seller in a for-sale-by-owner situation and, later, in a courtesy-to-broker arrangement. Under the administrative conduct rule, what two things must the licensee clearly disclose to the seller in each of these two dealings?

Whom she represents and who pays

Only her real estate licence number

The seller's asking price alone

The estimated net sale proceeds

Question 14: A licensee in Kahului submits his renewal on time but has not completed the required continuing education by the license expiration date. Under Hawaii's continuing education statute, what happens to his license when the renewal is processed without that coursework?

It lapses and is forfeited

It is automatically terminated

It renews on inactive status

Renewal is denied outright

Question 15: In Hawaii a seller preparing a disclosure statement and a listing licensee handling the same deal bear different investigative burdens. The seller need not comb the public record, yet the licensee's duty is greater. Which statement BEST captures this split of responsibility?

Both must search the public record

Neither has any duty to investigate

Only the seller must ascertain facts

Seller need not search; licensee must ascertain

Question 16: After proving a fair-housing violation under chapter 515, a complainant who cannot show large actual losses still recovers a guaranteed minimum in damages set by statute. Which amount does Hawaii establish as the default damages floor for each violation proven?

One hundred dollars per violation

One thousand dollars per violation

Five hundred dollars per violation

Five thousand dollars per violation

Question 17: A prospective renter believes a Kaneohe landlord discriminated against her based on ancestry and wants to file a complaint. Hawaii sets a firm outer limit measured from the date the alleged discriminatory practice occurred. Within how many days must she file her complaint?

Ninety days

One hundred eighty days

One year

Two years

Question 18: A tenant with a disability requests an assistance animal and offers a vest and registration documents purchased online as supposed proof. Under Hawaii's fair-housing rule on reasonable accommodations, how should the housing provider treat that online-purchased documentation when assessing verification?

It is not valid verification

It is conclusive proof required

It must be independently notarized

It shifts the burden to tenant

Question 19: A Wailuku investor telephones homeowners warning that families of a certain ancestry are moving in, that schools will decline, and urging quick sales so the investor can buy low. Which chapter 515 practice, requiring a purpose of financial benefit, does this conduct match?

Steering

Restrictive covenant enforcement

Discriminatory advertising

Blockbusting

Question 20: A Honolulu salesperson guides buyers of a particular ancestry only toward certain neighborhoods and away from others, shaping where they even look. Hawaii's fair-housing chapter names this practice explicitly. Which prohibited discriminatory practice does the salesperson's conduct most directly describe?