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REMI School of Real Estate EXAM PREP STUDY GUIDE

1 REMI School of real Estate EXAM prep STUDY GUIDE Hawaii: 1. In Hawaii the statutory usury ceiling on a conventional loan is : there is no ceiling 2. What is Usury: Illegal Interest 3. In Hawaii the statutory usury ceiling on loans by individuals who are not seller is:12% 4. Unclaimed real Estate escheats to the state after how long: 15 years 5. What is the recission period for the sale of land under the ULSPA: 7 days 6. What is the recission period for the sale of a new condominium: 30 days 7. What is the recission period for the re-sale of a condominium: none 8. What is the age of majority in Hawaii: 18 years of age 9. How long is the prescriptive period for adverse possession: 2 years 10. Which of the following is not a cure for adverse possession: D a. Prescriptive easement b.

1 REMI School of Real Estate EXAM PREP STUDY GUIDE Hawaii: 1. In Hawaii the statutory usury ceiling on a conventional loan is : there is no

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