Hawaii-Specific Real Estate Practice
Exam Already Passed
Personal Property ✔✔Movable objects (chattels) that do not fit into the definition of real
property; conveyed by bill of sale.
Fixture ✔✔An item of personal pr
...
Hawaii-Specific Real Estate Practice
Exam Already Passed
Personal Property ✔✔Movable objects (chattels) that do not fit into the definition of real
property; conveyed by bill of sale.
Fixture ✔✔An item of personal property that has been converted to real property by being
permanently affixed to the land or building. Can be either attached or annexed.
Metes and Bounds ✔✔To locate a property boundary requires two permanent reference markers;
The boundary is measured from a specific point of beginning and proceeds around the
boundaries using reference to linear measurements and directions;
Boundaries may be established on the basis of actual distance between monuments (fixed
objects);
A boundary must return to the point of beginning so that the land described is fully enclosed.
Rectangular (Government) Survey ✔✔Based on measurements from base lines and principal
meridians;
Designed to set up checkerboard pattern of identical squares over specific area.
Mineral rights ✔✔May be owned by the owner of the surface rights or by separate third party
owners of subsurface rights, such as natural gas or oil companies, as well as by the developer or
the homebuilder.
Air rights ✔✔The right to occupy, use, or control the space above a property, such as
homeowner purchasing these rights above a neighboring home to protect his view.
Water rights ✔✔Ownership of water and land adjacent to it i
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