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Hawaii Real Estate Broker — Requirements & Free Practice

US-HI · License preparation

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Licenses, application pathways and examination requirements

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Real Estate Corporation

Broker license issued to this legal form of business entity, with a current active Hawaii-licensed principal broker. The principal broker's individual license is an applicant condition, not an examination taken by the entity.

Licensing authority: real estate commission · Application information

License conversion into this form of brokerage entity
No examination is required for this applicant pathway.
Continuing requirements
Continue meeting all licensing requirements, including a current active principal broker, valid business registration, approved name and compliant business premises.
Conversion
The existing licensed entity has legally converted into this form of business entity.
Deadline
File an application for conversion and pay the initial application fee within 30 calendar days after the legal conversion's effective date; failure causes forfeiture.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity initial licensure
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Integrity
Show competency, honesty, truthfulness, financial integrity and fair dealing; disclose the application's denial, discipline, complaints, convictions, litigation, judgments, tax and lien information for the entity and specified principals.
Legal form
corporation
Name
Use the approved legal or registered trade name; observe HRS 467-9 name restrictions.
Office
Maintain a principal place of business in Hawaii compliant with HRS Chapter 467 and HAR Chapter 16-99, with brokerage books and records.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an officer or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

New brokerage entity license after automatic termination
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an officer or employee; submit the Entity Resolution designating the principal broker and duties.
Prior license
The entity's forfeited broker license terminated after one year without restoration. Apply for a new entity license under the laws and rules in effect at application.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

Reactivation of an inactive brokerage entity license
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual ce
Any CE or examination-equivalency requirements for an individual broker are conditions of that individual's own license, not examination leaves for the entity.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an officer or employee; submit the Entity Resolution designating the principal broker and duties.
Status
File the Commission's required application and pay the proper fee to reactivate the inactive entity license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity reinstatement after disciplinary suspension
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual status
Any associated principal broker must separately hold a current active individual broker license; its examinations are not examinations of the entity applicant.
Order
Complete all terms and conditions in the suspension order and pay all applicable reinstatement fees and assessments.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an officer or employee; submit the Entity Resolution designating the principal broker and duties.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity biennial renewal
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an officer or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the entity renewal application and required fees; individual principal-broker continuing education belongs to that broker's own license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity restoration within one year
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an officer or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the restoration application and applicable renewal, penalty and other fees, and restore compliance with the entity's licensing requirements.
Time limit
Apply for restoration within one year of forfeiture; otherwise the entity license automatically terminates.

Official no-examination sources

Effective from 2026-09-22.

Hawaii Real Estate Broker (Individual)

Individual real estate broker license; active status requires employment or association with a current active Hawaii-licensed brokerage firm or sole proprietor, and operating as a sole proprietor requires a separate application.

Licensing authority: real estate commission · Application information

Licensure by examination — Hawaii salesperson
Active status
For active status, be employed by or associated with a current active Hawaii-licensed brokerage firm or licensed sole proprietor; a candidate wishing to operate as a sole proprietor must also obtain approval of the separate sole-proprietor application. Inactive licensees cannot transact real estate business.
Age
Be at least 18 years old by the examination date (HRS 467-9.5(a)(2)).
Education
Complete the Commission-approved 80-class-hour broker curriculum, or receive Commission approval of an education equivalency before the examination. HAR 16-99-37(b) identifies qualifying out-of-state brokers and graduates of accredited United States law schools; written requests require official supporting documents. School completion and education-equivalency certificates are valid for two years.
Examination timing
Pass both required portions within two years after the first examination date; otherwise repeat the whole examination. Submit the completed active or inactive license application within two years of the last examination date, with required certificates, documentation and fees.
Experience
Have at least three years of full-time (average 40 hours per week) Hawaii-licensed salesperson experience in the five years immediately before the experience certification application, associated with an active Hawaii brokerage firm; principal brokers or brokers-in-charge certify practical experience. No prorated part-time credit or credit for inactive, forfeited, suspended, revoked or terminated periods.
Experience certificate
Obtain Commission approval of the broker experience certificate before registering for the examination and present it at the examination. The certificate is valid for two years and must accompany the individual broker application.
Hawaii salesperson prerequisite
HRS 467-8(a)(6) states that an individual broker license applicant must have a current Hawaii real estate salesperson license. HRS 467-9.5(a)(4)(B)(i), governing examination eligibility, accepts a current unencumbered equivalent out-of-state salesperson or broker license; the Commission flowchart and General Information Sheet implement that eligibility. These statements address different stages, so out-of-state examination eligibility is not represented as repeal of the issuance prerequisite.
High school
Have earned a high school diploma or its equivalent by the examination date (HRS 467-9.5(a)(3)).
Integrity
Possess a reputation or record of competency, honesty, truthfulness, financial integrity and fair dealing. Applicants with convictions, disciplinary matters, lawsuits, unpaid judgments, tax obligations or liens must provide the information and official documents the Commission requests.
License
Hold a current unencumbered Hawaii real estate salesperson license.
Reciprocity
The current Commission General Information Sheet states: "Hawaii does not reciprocate with any other state or country." HRS 467-7.5 permits a recognition agreement; that authorization does not itself grant licensure to an applicant.
Social security number
Provide the Social Security number required by the General Information Sheet for processing and issuance.
Work authorization
Be a United States citizen, United States national, or alien authorized to work in the United States by the examination date (HRS 467-9.5(a)(1)).
Licensure with approved out of state qualifications — no uniform waiver
Active status
For active status, be employed by or associated with a current active Hawaii-licensed brokerage firm or licensed sole proprietor; a candidate wishing to operate as a sole proprietor must also obtain approval of the separate sole-proprietor application. Inactive licensees cannot transact real estate business.
Age
Be at least 18 years old by the examination date (HRS 467-9.5(a)(2)).
Education
Complete the Commission-approved 80-class-hour broker curriculum, or receive Commission approval of an education equivalency before the examination. HAR 16-99-37(b) identifies qualifying out-of-state brokers and graduates of accredited United States law schools; written requests require official supporting documents. School completion and education-equivalency certificates are valid for two years.
Examination timing
Pass both required portions within two years after the first examination date; otherwise repeat the whole examination. Submit the completed active or inactive license application within two years of the last examination date, with required certificates, documentation and fees.
Experience certificate
Obtain Commission approval of the broker experience certificate before registering for the examination and present it at the examination. The certificate is valid for two years and must accompany the individual broker application.
Experience equivalency
Obtain Commission approval of an experience equivalency based on eligible out-of-state salesperson experience or a current unencumbered broker license. Under HAR 16-99-19.2(d), out-of-state salesperson experience must be full-time for three of the preceding five years; requests require official documents.
Hawaii salesperson prerequisite
HRS 467-8(a)(6) states that an individual broker license applicant must have a current Hawaii real estate salesperson license. HRS 467-9.5(a)(4)(B)(i), governing examination eligibility, accepts a current unencumbered equivalent out-of-state salesperson or broker license; the Commission flowchart and General Information Sheet implement that eligibility. These statements address different stages, so out-of-state examination eligibility is not represented as repeal of the issuance prerequisite.
High school
Have earned a high school diploma or its equivalent by the examination date (HRS 467-9.5(a)(3)).
Integrity
Possess a reputation or record of competency, honesty, truthfulness, financial integrity and fair dealing. Applicants with convictions, disciplinary matters, lawsuits, unpaid judgments, tax obligations or liens must provide the information and official documents the Commission requests.
License
Hold a current unencumbered out-of-state salesperson or broker license in a jurisdiction whose real estate licensing law the Commission determines equivalent.
Reciprocity
The current Commission General Information Sheet states: "Hawaii does not reciprocate with any other state or country." HRS 467-7.5 permits a recognition agreement; that authorization does not itself grant licensure to an applicant.
Social security number
Provide the Social Security number required by the General Information Sheet for processing and issuance.
Uniform equivalency
This route applies when no uniform-section equivalency has been approved. Both the registered PSI national broker examination and Hawaii state broker examination are involved.
Work authorization
Be a United States citizen, United States national, or alien authorized to work in the United States by the examination date (HRS 467-9.5(a)(1)).
Licensure with approved uniform examination equivalency
Hawaii Real Estate Broker Examination — State Portion
Active status
For active status, be employed by or associated with a current active Hawaii-licensed brokerage firm or licensed sole proprietor; a candidate wishing to operate as a sole proprietor must also obtain approval of the separate sole-proprietor application. Inactive licensees cannot transact real estate business.
Age
Be at least 18 years old by the examination date (HRS 467-9.5(a)(2)).
Education
Complete the Commission-approved 80-class-hour broker curriculum, or receive Commission approval of an education equivalency before the examination. HAR 16-99-37(b) identifies qualifying out-of-state brokers and graduates of accredited United States law schools; written requests require official supporting documents. School completion and education-equivalency certificates are valid for two years.
Examination timing
Pass both required portions within two years after the first examination date; otherwise repeat the whole examination. Submit the completed active or inactive license application within two years of the last examination date, with required certificates, documentation and fees.
Experience certificate
Obtain Commission approval of the broker experience certificate before registering for the examination and present it at the examination. The certificate is valid for two years and must accompany the individual broker application.
Experience equivalency
Obtain Commission approval of an experience equivalency based on eligible out-of-state salesperson experience or a current unencumbered broker license. Under HAR 16-99-19.2(d), out-of-state salesperson experience must be full-time for three of the preceding five years; requests require official documents.
Hawaii salesperson prerequisite
HRS 467-8(a)(6) states that an individual broker license applicant must have a current Hawaii real estate salesperson license. HRS 467-9.5(a)(4)(B)(i), governing examination eligibility, accepts a current unencumbered equivalent out-of-state salesperson or broker license; the Commission flowchart and General Information Sheet implement that eligibility. These statements address different stages, so out-of-state examination eligibility is not represented as repeal of the issuance prerequisite.
High school
Have earned a high school diploma or its equivalent by the examination date (HRS 467-9.5(a)(3)).
Integrity
Possess a reputation or record of competency, honesty, truthfulness, financial integrity and fair dealing. Applicants with convictions, disciplinary matters, lawsuits, unpaid judgments, tax obligations or liens must provide the information and official documents the Commission requests.
License
Hold a current unencumbered out-of-state salesperson or broker license in a jurisdiction whose real estate licensing law the Commission determines equivalent.
Reciprocity
The current Commission General Information Sheet states: "Hawaii does not reciprocate with any other state or country." HRS 467-7.5 permits a recognition agreement; that authorization does not itself grant licensure to an applicant.
Social security number
Provide the Social Security number required by the General Information Sheet for processing and issuance.
Uniform equivalency
Before registering, obtain Commission approval of the uniform-section equivalency based on a current out-of-state real estate license and prior passage of the uniform examination at the equivalent broker level. The approved certificate is valid for two years, must be presented at the examination and submitted with the license application; only the Hawaii state section remains to be taken. The other jurisdiction's examination and passing record are applicant conditions, not a fabricated Hawaii examination or an assumed nationwide vendor version.
Work authorization
Be a United States citizen, United States national, or alien authorized to work in the United States by the examination date (HRS 467-9.5(a)(1)).
Reactivation before an inactive renewal period has elapsed
No examination is required for this applicant pathway.
Active association
Satisfy active brokerage affiliation or sole-proprietor requirements before practice.
Continuing education
Supply proof of the CE required by HRS 467-11.5, a complete reactivation/change application and proper fee.
Eligibility
Inactive status has not continued through one or more renewal periods, the applicability threshold of HAR 16-99-91.

Official no-examination sources

Effective from 2026-09-22.

Reactivation after one or more inactive renewal periods
Application
Submit the written activation request, applicable documentation and fees and satisfy active-status requirements.
Ce equivalent
First satisfy one prior renewal period's continuing education; the Commission may approve retaking and passing the applicable broker prelicense examination as an equivalent. The examination leaves are retained even though an applicant can qualify through CE instead.
Eligibility
The individual broker license has been inactive for one or more renewal periods.
Section selection
HRS 467-9.6(b) authorizes the Commission to prescribe specific sections; comply with the approved reactivation instructions.
Reinstatement after disciplinary suspension
Active reinstatement
Before active reinstatement, satisfy one prior renewal period's CE or Commission-approved equivalent. HAR 16-99-92 permits the broker prelicense examination, prescribed courses, or both when the Commission deems appropriate.
Filing deadline
HAR 16-99-9 requires filing for reinstatement within 30 days after suspension ends; otherwise the license is forfeited.
Section selection
The Commission may prescribe specific examination sections for disciplinary reinstatement under HRS 467-9.6(b)(4). The current examination leaves are retained as conditional requirements.
Suspension
Complete every term and condition in the suspension order; the suspension cannot exceed five years. Apply for reinstatement and pay all applicable reinstatement fees, compliance resolution fees and recovery fund assessments.
Biennial renewal — active status
No examination is required for this applicant pathway.
Active ce
For active individual renewal, complete 20 hours of approved continuing education during the applicable biennium, including the Commission core course; approved out-of-state elective-hour equivalency still requires the Hawaii core course. Failure to complete CE places the renewed license on inactive status.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Registration
Any trade name or business entity must remain properly registered with DCCA.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal — inactive status
No examination is required for this applicant pathway.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Status
Renew inactive status by filing the renewal application and paying the fees; no real estate practice is permitted while inactive.

Official no-examination sources

Effective from 2026-09-22.

Restoration after more than four years and less than five years
Examination
Pass the prelicensing examination for the forfeited broker license level.
Forfeiture
The license has been forfeited for more than four years but less than five years.
Submission
File the complete restoration application with all required fees, penalties and documents and meet active-status requirements if requesting active status.
Termination
At five years without a completed restoration application the broker license terminates; HRS 467-11(d) then permits only a new salesperson application, not restoration as a broker.
Restoration after more than one year and less than four years
Alternatives
For either active or inactive restoration, complete at least 30 hours of elective CE, successfully complete the broker prelicensing course, or pass the broker prelicensing examination. Course alternatives and Commission-approved equivalents are applicant conditions; both current broker examinations involved by the examination option are retained.
Ce use
Follow the restoration memorandum's prior/current elective-course restrictions; restoration courses cannot also count toward the upcoming renewal.
Forfeiture
The license has been forfeited for more than one year but less than four years.
Submission
File the complete restoration application with all required fees, penalties and documents. Active restoration also requires the applicable CE or Commission-approved equivalent under HAR 16-99-92.
Restoration within one year — active status
Ce period
Use the prior licensing biennium's CE, including its core course; if unavailable, follow the restoration memorandum's current elective-course substitution. Restoration courses cannot also count toward the upcoming renewal.
Continuing education
The restoration memorandum requires proof of 20 hours of CE for active restoration. HAR 16-99-92 also authorizes, when the Commission deems appropriate, a broker prelicense examination as the CE equivalent; obtain Commission approval before substituting it.
Forfeiture
The broker license has been forfeited for less than one year.
Submission
Submit the complete restoration application and all required fees, penalties and documents; satisfy active-status requirements.
Restoration within one year — inactive status
No examination is required for this applicant pathway.
Forfeiture
The broker license has been forfeited for less than one year.
Status
Restore to inactive status; the Commission restoration memorandum states no CE is required. Inactive status prohibits practice.
Submission
Submit a complete restoration application, required fees, penalties and documents.

Official no-examination sources

Effective from 2026-09-22.

Real Estate Limited Liability Company (LLC)

Broker license issued to this legal form of business entity, with a current active Hawaii-licensed principal broker. The principal broker's individual license is an applicant condition, not an examination taken by the entity.

Licensing authority: real estate commission · Application information

License conversion into this form of brokerage entity
No examination is required for this applicant pathway.
Continuing requirements
Continue meeting all licensing requirements, including a current active principal broker, valid business registration, approved name and compliant business premises.
Conversion
The existing licensed entity has legally converted into this form of business entity.
Deadline
File an application for conversion and pay the initial application fee within 30 calendar days after the legal conversion's effective date; failure causes forfeiture.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity initial licensure
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Integrity
Show competency, honesty, truthfulness, financial integrity and fair dealing; disclose the application's denial, discipline, complaints, convictions, litigation, judgments, tax and lien information for the entity and specified principals.
Legal form
limited liability company
Name
Use the approved legal or registered trade name; observe HRS 467-9 name restrictions.
Office
Maintain a principal place of business in Hawaii compliant with HRS Chapter 467 and HAR Chapter 16-99, with brokerage books and records.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an member of a member-managed LLC, manager of a manager-managed LLC, or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

New brokerage entity license after automatic termination
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an member of a member-managed LLC, manager of a manager-managed LLC, or employee; submit the Entity Resolution designating the principal broker and duties.
Prior license
The entity's forfeited broker license terminated after one year without restoration. Apply for a new entity license under the laws and rules in effect at application.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

Reactivation of an inactive brokerage entity license
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual ce
Any CE or examination-equivalency requirements for an individual broker are conditions of that individual's own license, not examination leaves for the entity.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an member of a member-managed LLC, manager of a manager-managed LLC, or employee; submit the Entity Resolution designating the principal broker and duties.
Status
File the Commission's required application and pay the proper fee to reactivate the inactive entity license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity reinstatement after disciplinary suspension
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual status
Any associated principal broker must separately hold a current active individual broker license; its examinations are not examinations of the entity applicant.
Order
Complete all terms and conditions in the suspension order and pay all applicable reinstatement fees and assessments.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an member of a member-managed LLC, manager of a manager-managed LLC, or employee; submit the Entity Resolution designating the principal broker and duties.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity biennial renewal
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an member of a member-managed LLC, manager of a manager-managed LLC, or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the entity renewal application and required fees; individual principal-broker continuing education belongs to that broker's own license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity restoration within one year
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an member of a member-managed LLC, manager of a manager-managed LLC, or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the restoration application and applicable renewal, penalty and other fees, and restore compliance with the entity's licensing requirements.
Time limit
Apply for restoration within one year of forfeiture; otherwise the entity license automatically terminates.

Official no-examination sources

Effective from 2026-09-22.

Real Estate Limited Liability Partnership (LLP)

Broker license issued to this legal form of business entity, with a current active Hawaii-licensed principal broker. The principal broker's individual license is an applicant condition, not an examination taken by the entity.

Licensing authority: Hawaii Real Estate Commission, Department of Commerce and Consumer Affairs · Application information

License conversion into this form of brokerage entity
No examination is required for this applicant pathway.
Continuing requirements
Continue meeting all licensing requirements, including a current active principal broker, valid business registration, approved name and compliant business premises.
Conversion
The existing licensed entity has legally converted into this form of business entity.
Deadline
File an application for conversion and pay the initial application fee within 30 calendar days after the legal conversion's effective date; failure causes forfeiture.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity initial licensure
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Integrity
Show competency, honesty, truthfulness, financial integrity and fair dealing; disclose the application's denial, discipline, complaints, convictions, litigation, judgments, tax and lien information for the entity and specified principals.
Legal form
limited liability partnership
Name
Use the approved legal or registered trade name; observe HRS 467-9 name restrictions.
Office
Maintain a principal place of business in Hawaii compliant with HRS Chapter 467 and HAR Chapter 16-99, with brokerage books and records.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

New brokerage entity license after automatic termination
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Prior license
The entity's forfeited broker license terminated after one year without restoration. Apply for a new entity license under the laws and rules in effect at application.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

Reactivation of an inactive brokerage entity license
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual ce
Any CE or examination-equivalency requirements for an individual broker are conditions of that individual's own license, not examination leaves for the entity.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Status
File the Commission's required application and pay the proper fee to reactivate the inactive entity license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity reinstatement after disciplinary suspension
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual status
Any associated principal broker must separately hold a current active individual broker license; its examinations are not examinations of the entity applicant.
Order
Complete all terms and conditions in the suspension order and pay all applicable reinstatement fees and assessments.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity biennial renewal
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the entity renewal application and required fees; individual principal-broker continuing education belongs to that broker's own license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity restoration within one year
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the restoration application and applicable renewal, penalty and other fees, and restore compliance with the entity's licensing requirements.
Time limit
Apply for restoration within one year of forfeiture; otherwise the entity license automatically terminates.

Official no-examination sources

Effective from 2026-09-22.

Military Temporary Professional License — Real Estate Broker

Temporary broker licensing or recognition for qualifying military servicemembers and spouses. Federal covered-license portability and Hawaii's distinct statutory military-spouse application have different conditions.

Licensing authority: Hawaii Real Estate Commission, Department of Commerce and Consumer Affairs · Application information

Military covered license portability and temporary recognition
No examination is required for this applicant pathway.
Applicant
A servicemember or the spouse of a servicemember relocating residence to Hawaii because of the servicemember's military orders.
Application
Provide military orders, a marriage certificate if a spouse, and the notarized affidavit required by 50 U.S.C. 4025a(c), including identity, truthful and complete information, understanding and compliance with Hawaii licensing requirements and scope, and good standing in all licensing jurisdictions.
Board checklist
The currently linked MST-1224 checklist describes the earlier January 5, 2023 federal provision and demands two-year active use: "the license being relied upon must have been actively used by the servicemember or the servicemember’s spouse during the two years immediately preceding the servicemember’s relocation orders." The obtained December 2024 amended federal definition no longer lists that two-year-use requirement; the Board checklist's demand is retained here as an applicant-facing condition, not silently substituted for the controlling definition.
Covered license
Hold an equivalent-scope professional broker license in good standing with its issuing authority, with no revocation or discipline imposed by any State, no pending unprofessional-conduct investigation, and no voluntary surrender during such an investigation.
Oversight
Submit to Hawaii licensing authority standards of practice, discipline and continuing education. A covered interstate-compact license follows the compact exception in 50 U.S.C. 4025a(e).
Temporary issue
If recognition cannot be completed within 30 days after receipt, 50 U.S.C. 4025a(b) permits a temporary license conferring permanent-license rights and responsibilities.

Official no-examination sources

Effective from 2026-09-22.

Real Estate Partnership

Broker license issued to this legal form of business entity, with a current active Hawaii-licensed principal broker. The principal broker's individual license is an applicant condition, not an examination taken by the entity.

Licensing authority: real estate commission · Application information

License conversion into this form of brokerage entity
No examination is required for this applicant pathway.
Continuing requirements
Continue meeting all licensing requirements, including a current active principal broker, valid business registration, approved name and compliant business premises.
Conversion
The existing licensed entity has legally converted into this form of business entity.
Deadline
File an application for conversion and pay the initial application fee within 30 calendar days after the legal conversion's effective date; failure causes forfeiture.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity initial licensure
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Integrity
Show competency, honesty, truthfulness, financial integrity and fair dealing; disclose the application's denial, discipline, complaints, convictions, litigation, judgments, tax and lien information for the entity and specified principals.
Legal form
partnership
Name
Use the approved legal or registered trade name; observe HRS 467-9 name restrictions.
Office
Maintain a principal place of business in Hawaii compliant with HRS Chapter 467 and HAR Chapter 16-99, with brokerage books and records.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

New brokerage entity license after automatic termination
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Prior license
The entity's forfeited broker license terminated after one year without restoration. Apply for a new entity license under the laws and rules in effect at application.
Submission
Submit a complete signed entity license application, supporting documents and all required fees.

Official no-examination sources

Effective from 2026-09-22.

Reactivation of an inactive brokerage entity license
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual ce
Any CE or examination-equivalency requirements for an individual broker are conditions of that individual's own license, not examination leaves for the entity.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Status
File the Commission's required application and pay the proper fee to reactivate the inactive entity license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity reinstatement after disciplinary suspension
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Individual status
Any associated principal broker must separately hold a current active individual broker license; its examinations are not examinations of the entity applicant.
Order
Complete all terms and conditions in the suspension order and pay all applicable reinstatement fees and assessments.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity biennial renewal
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the entity renewal application and required fees; individual principal-broker continuing education belongs to that broker's own license.

Official no-examination sources

Effective from 2026-09-22.

Brokerage entity restoration within one year
No examination is required for this applicant pathway.
Business registration
Be registered with DCCA Business Registration Division; provide the filed-stamped registration if registered less than one year or a certificate of good standing issued within the previous 12 months if registered more than one year.
Principal broker
Direct management by a current active Hawaii-licensed principal broker who is an general partner or employee; submit the Entity Resolution designating the principal broker and duties.
Submission
Submit the restoration application and applicable renewal, penalty and other fees, and restore compliance with the entity's licensing requirements.
Time limit
Apply for restoration within one year of forfeiture; otherwise the entity license automatically terminates.

Official no-examination sources

Effective from 2026-09-22.

Real Estate Sole Proprietor

Separate sole-proprietor application for an already licensed individual broker who wishes to conduct brokerage business as a sole proprietor.

Licensing authority: real estate commission · Application information

Sole proprietor licensure from an existing individual broker license
No examination is required for this applicant pathway.
Affiliation
Attach a Change Form if currently affiliated with a broker.
Existing license
Hold the current individual Hawaii broker license identified on the application; this is an applicant condition and does not impose a new examination.
Office
Certify that the principal place of business complies with HRS Chapter 467 and HAR Chapter 16-99.
Submission
Complete and sign the sole-proprietor application and pay the required application fee.
Trade name
If a trade name is used, register it with Business Registration Division and provide the filed-stamped registration; the Commission approves the name.

Official no-examination sources

Effective from 2026-09-22.

Reactivation before an inactive renewal period has elapsed
No examination is required for this applicant pathway.
Active association
Satisfy active brokerage affiliation or sole-proprietor requirements before practice.
Continuing education
Supply proof of the CE required by HRS 467-11.5, a complete reactivation/change application and proper fee.
Eligibility
Inactive status has not continued through one or more renewal periods, the applicability threshold of HAR 16-99-91.

Official no-examination sources

Effective from 2026-09-22.

Reactivation after one or more inactive renewal periods
Application
Submit the written activation request, applicable documentation and fees and satisfy active-status requirements.
Ce equivalent
First satisfy one prior renewal period's continuing education; the Commission may approve retaking and passing the applicable broker prelicense examination as an equivalent. The examination leaves are retained even though an applicant can qualify through CE instead.
Eligibility
The individual broker license has been inactive for one or more renewal periods.
Section selection
HRS 467-9.6(b) authorizes the Commission to prescribe specific sections; comply with the approved reactivation instructions.
Reinstatement after disciplinary suspension
Active reinstatement
Before active reinstatement, satisfy one prior renewal period's CE or Commission-approved equivalent. HAR 16-99-92 permits the broker prelicense examination, prescribed courses, or both when the Commission deems appropriate.
Filing deadline
HAR 16-99-9 requires filing for reinstatement within 30 days after suspension ends; otherwise the license is forfeited.
Section selection
The Commission may prescribe specific examination sections for disciplinary reinstatement under HRS 467-9.6(b)(4). The current examination leaves are retained as conditional requirements.
Suspension
Complete every term and condition in the suspension order; the suspension cannot exceed five years. Apply for reinstatement and pay all applicable reinstatement fees, compliance resolution fees and recovery fund assessments.
Biennial renewal — active status
No examination is required for this applicant pathway.
Active ce
For active individual renewal, complete 20 hours of approved continuing education during the applicable biennium, including the Commission core course; approved out-of-state elective-hour equivalency still requires the Hawaii core course. Failure to complete CE places the renewed license on inactive status.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Registration
Any trade name or business entity must remain properly registered with DCCA.

Official no-examination sources

Effective from 2026-09-22.

Biennial renewal — inactive status
No examination is required for this applicant pathway.
Deadline
Submit the completed biennial renewal application and all applicable fees by the Commission deadline before expiration; all real estate licenses expire December 31 of even-numbered years. Failure results in forfeiture January 1 of the following odd-numbered year.
Status
Renew inactive status by filing the renewal application and paying the fees; no real estate practice is permitted while inactive.

Official no-examination sources

Effective from 2026-09-22.

Restoration after more than four years and less than five years
Examination
Pass the prelicensing examination for the forfeited broker license level.
Forfeiture
The license has been forfeited for more than four years but less than five years.
Submission
File the complete restoration application with all required fees, penalties and documents and meet active-status requirements if requesting active status.
Termination
At five years without a completed restoration application the broker license terminates; HRS 467-11(d) then permits only a new salesperson application, not restoration as a broker.
Restoration after more than one year and less than four years
Alternatives
For either active or inactive restoration, complete at least 30 hours of elective CE, successfully complete the broker prelicensing course, or pass the broker prelicensing examination. Course alternatives and Commission-approved equivalents are applicant conditions; both current broker examinations involved by the examination option are retained.
Ce use
Follow the restoration memorandum's prior/current elective-course restrictions; restoration courses cannot also count toward the upcoming renewal.
Forfeiture
The license has been forfeited for more than one year but less than four years.
Submission
File the complete restoration application with all required fees, penalties and documents. Active restoration also requires the applicable CE or Commission-approved equivalent under HAR 16-99-92.
Restoration within one year — active status
Ce period
Use the prior licensing biennium's CE, including its core course; if unavailable, follow the restoration memorandum's current elective-course substitution. Restoration courses cannot also count toward the upcoming renewal.
Continuing education
The restoration memorandum requires proof of 20 hours of CE for active restoration. HAR 16-99-92 also authorizes, when the Commission deems appropriate, a broker prelicense examination as the CE equivalent; obtain Commission approval before substituting it.
Forfeiture
The broker license has been forfeited for less than one year.
Submission
Submit the complete restoration application and all required fees, penalties and documents; satisfy active-status requirements.
Restoration within one year — inactive status
No examination is required for this applicant pathway.
Forfeiture
The broker license has been forfeited for less than one year.
Status
Restore to inactive status; the Commission restoration memorandum states no CE is required. Inactive status prohibits practice.
Submission
Submit a complete restoration application, required fees, penalties and documents.

Official no-examination sources

Effective from 2026-09-22.

Hawaii Real Estate Broker Examination — State Portion

Examination outline
  • Ascertaining and Disclosing Material Facts (Broker 7 items)
    • Bureau of Conveyances/Land Court
    • Bureau of Conveyances/Land Court — Documents and indexes
    • Bureau of Conveyances/Land Court — Conveyance tax
    • Tax Office
    • Tax Office — Tax maps
    • Tax Office — Real property taxes and assessments
    • Tax Office — Other state taxes (e.g., HARPTA, GET)
    • Inspections
    • Statutory disclosures
    • Statutory disclosures — Seller Disclosure Law
    • Statutory disclosures — Leasehold disclosures
    • Statutory disclosures — Planned Community Associations
    • Statutory disclosures — Distressed Property and Short Sales
    • Environmental conditions
    • Hawaii land history and property rights
  • Types of Ownership (Broker 5 items)
    • Condominiums
    • Cooperatives
    • Time sharing plans
    • Land trust
    • Planned Unit Development
  • Property Management (Broker 3 items)
    • Residential Landlord-Tenant Code
    • Commercial real estate management (Broker only)
  • Land Utilization (Broker 2 items)
    • Planning, land use, and zoning (county ordinance)
    • Planning, land use, and zoning (county ordinance) — County building and planning
    • Restrictive covenants
    • State land use classification
    • Special Management Areas
  • Title and Conveyances (Broker 4 items)
    • Estates and interests
    • Tenancy
    • Liens
    • Leaseholds
    • Recording systems
    • Boundary issues
    • Foreclosure
  • Contracts and Addenda (Broker 8 items)
    • Hawaii sales contracts
    • Hawaii listing contracts
    • Other Hawaii standard forms
  • Financing (Broker 4 items)
    • Seller Financing (e.g., Agreement of Sale, PMM)
    • Hawaii-Specific Institutional Financing
    • Usury laws
  • Escrow Process and Closing Statements (Broker 5 items)
    • Escrow responsibilities
    • Closing Responsibilities
    • Closing Statements
  • Professional Practices and Conduct (Broker 12 items)
    • Office management/supervision
    • Office management/supervision — Independent contractor vs. employee
    • Office management/supervision — Policies and procedures
    • Trust accounts and handling of funds
    • Advertising
    • Licensing laws and rules
    • Licensing laws and rules — Real estate brokers and salespersons
    • Licensing laws and rules — Professional and Vocational Licensing Act
    • Grounds for disciplinary action
    • Grounds for disciplinary action — Illegal conduct
    • Grounds for disciplinary action — Illegal conduct — discrimination in real property transactions
    • Grounds for disciplinary action — Unethical conduct
    • Grounds for disciplinary action — Unethical conduct — Standards of Practice
    • Grounds for disciplinary action — Unethical conduct — Standard of Care
    • Agency Relationships and Disclosure of Agency
Examination sources

National Broker Exam — National Portion (Real Estate Principles and Practices)

Provider
PSI Services LLC
Format
National portion of state real estate broker licensing examinations with its own minimum passing score; scenario-based questions with more than four options and one best answer, each option weighted zero, one or two points; candidates who fail one portion retake only that portion
Examination outline
  • I. Property Ownership (Broker 10%) (10%)
    • A. Real and personal property; conveyances
    • B. Land characteristics and legal descriptions: 1. Metes and bounds method of legal property description; 2. Lot and block (recorded plat) method of legal property description; 3. Government survey (rectangular survey) method of legal property description; 4. Measuring structures (linear and square footage); 5. Land measurement
    • C. Encumbrances and effects on property ownership: 1. Types of liens and their effect on the title and value of real property; 2. Easements, rights of way and licenses, including their effect on the title, value and use of real property; 3. Encroachments and their effect on the title, value and use of real property; 4. Potential encumbrances on title, such as probate, leases, or adverse possession; 5. Property rights that may be conveyed separately from use of the land surface, such as mineral and other subsurface rights, air rights, or water rights
    • D. Types of ownership: 1. Ownership in severalty/sole ownership; 2. Implications of ownership as tenants in common; 3. Implications of ownership in joint tenancy; 4. Forms of common-interest ownership, such as Timeshares, Condominiums and Co-ops; 5. Property ownership held in a trust or by an estate; 6. Ownership by business entities; 7. Life Estate ownership
  • II. Land use Controls (Broker 5%) (5%)
    • A. Government rights in land: 1. Government rights to impose property taxes and special assessments; 2. Government rights to acquire land through eminent domain, condemnation and escheat
    • B. Government controls on land use
    • C. Private controls: 1. Deed conditions or restrictions on property use; 2. Subdivision covenants, conditions and restrictions (CC&Rs) on property use; 3. Condominium and owners’ associations regulations or bylaws on property use
  • III. Valuation (Broker 8%) (8%)
    • A. Appraisals: 1. Appraisals for valuation of real property; 2. Situations which require appraisal by a licensed or certified appraiser and brokerage-related actions that constitute unauthorized appraisal practice; 3. General steps in appraisal process
    • B. Estimating Value: 1. Economic principles and property characteristics that affect value of real property; 2. Sales or market comparison approach to property valuation and appropriate uses; 3. Cost approach to property valuation and appropriate uses; 4. Income analysis approach to property valuation and appropriate uses
    • C. Comparative Market Analysis (CMA): 1. Competitive/Comparative Market Analysis (CMA), BPO or equivalent; 2. Automated Valuation Method (AVM), appraisal valuation and Comparative Market Analysis (CMA)
  • IV. Financing (Broker 9%) (9%)
    • A. Basic Concepts and Terminology: 1. Loan financing (for example, points, LTV, PMI, interest, PITI); 2. General underwriting process (e.g., debt ratios, credit scoring and history); 3. Standard mortgage/deed of trust clauses and conditions; 4. Essential elements of a promissory note
    • B. Types of Loans: 1. Conventional loans; 2. Amortized loans, partially amortized (balloon) loans, interest-only loans; 3. Adjustable-rate mortgage (ARM) loans; 4. Government Loans — a. FHA insured loans; b. VA guaranteed loans; c. USDA/Rural Development loan programs; 5. Owner financing (for example, installment or land contract/contract for deed); 6. Reverse-mortgage loans; 7. Home equity loans and lines of credit; 8. Construction loans; 9. Rehab loans; 10. Bridge loans
    • C. Financing and Lending: 1. Real Estate Settlement Procedures Act (RESPA), including kickbacks; 2. Truth-in-Lending Act (Regulation Z), including advertising; 3. Requirements and time frames of TRID (TILA-RESPA Integrated Disclosures); 4. Equal Credit Opportunity Act; 5. Lending Process (application through loan closing); 6. Risky loan features, such as prepayment penalties and balloon payments
  • V. Contracts (Broker 19%) (19%)
    • A. General Contract Law: 1. General principles of contract law; 2. Elements necessary for a contract to be valid; 3. Effect of the Statute of Frauds; 4. Offer and a contract; 5. Enforceability of contracts; 6. Void, voidable and unenforceable contracts; 7. Bilateral and unilateral contracts; 8. Nature and use of option agreements; 9. Notice, delivery, acceptance and execution of contracts; 10. Appropriate use, risks, and advantages of electronic signatures and paperless transactions; 11. Rights and obligations of the parties to a contract; 12. Possible remedies for breach or non-performance of contract; 13. Termination, rescission and cancellation of contracts
    • B. Purchase and Lease Contracts: 1. Addenda and amendments to contracts; 2. Purchase agreements; 3. Contract contingencies and methods for satisfying them; 4. Leases and rental agreements; 5. Lease-purchase agreements; 6. Types of leases
    • C. Proper handling of multiple offers and counteroffers
  • VI. Agency (Broker 13%) (13%)
    • A. Agency and non-agency relationships: 1. Agency relationships and how they are established; 2. Types of listing contracts; 3. Buyer brokerage/tenant representation contracts; 4. Other brokerage relationships, including transaction brokers and facilitators; 5. Powers of attorney and other assignments of authority; 6. Conditions for termination of agency or brokerage service agreements
    • B. Agent Duties: 1. Fiduciary duties of agents; 2. Agent's duties to customers/non-clients, including honesty and good faith
    • C. Agency Disclosures: 1. Disclosure of agency/representation; 2. Disclosure of possible conflict of interest or self-interest
  • VII. Property Disclosures (Broker 7%) (7%)
    • A. Property Condition: 1. Seller's property condition disclosure requirements; 2. Property conditions that may warrant inspections or a survey; 3. Red flags that warrant investigation of public or private land use controls
    • B. Environmental and Government Disclosures: 1. Environmental issues requiring disclosure; 2. Federal, state, or local disclosure requirements regarding the property
    • C. Disclosure of material facts and material defects
  • VIII. Property Management (Broker 5%) (5%)
    • A. Duties and Responsibilities: 1. Procurement and qualification of prospective tenants; 2. Fair housing and ADA compliance specific to property management; 3. How to complete a market analysis to identify factors in setting rents or lease rates; 4. Property manager responsibility for maintenance, improvements, reporting and risk management (BROKER ONLY); 5. Handling landlord and tenant funds; trust accounts, reports and disbursements (BROKER ONLY); 6. Provisions of property management contracts (BROKER ONLY)
    • B. Landlord and tenant rights and obligations
  • IX. Transfer of Title (Broker 6%) (6%)
    • A. Types of deeds
    • B. Title Insurance and Searches: 1. Title insurance policies and title searches; 2. Potential title problems and resolutions; 3. Marketable and insurable title
    • C. Closing Process: 1. When transfer of ownership becomes effective; 2. Process and importance of recordation; 3. Settlement procedures (closing) and parties involved; 4. Home and new construction warranties
    • D. Special Processes: 1. Special issues in transferring foreclosed properties; 2. Special issues in short sale transactions; 3. Special issues in probate transactions
  • X. Practice of Real Estate (Broker 12%) (12%)
    • A. Antidiscrimination: 1. Federal Fair Housing Act general principles and exemptions; 2. Protected classes under Federal Fair Housing Act; 3. Protections against discrimination based on gender identity and sexual orientation; 4. Prohibited conduct under Federal Fair Housing Act (Redlining, Blockbusting, Steering, Disparate Treatment); 5. Fair housing advertising rules; 6. Americans with Disabilities Act (ADA) obligations pertaining to accessibility and reasonable accommodations
    • B. Legislation and Regulations: 1. Licensees’ status as employees or independent contractors; 2. Antitrust laws and types of violations, fines and penalties; 3. Do-Not-Call List rule compliance; 4. Proper use of Social Media and Internet communication and advertising
    • C. Duties and Responsibilities: 1. Protection of confidential personal information (written, verbal or electronic); 2. Duties when handling funds of others in transactions; 3. Licensee responsibility for due diligence in real estate transactions
    • D. Supervisory Responsibilities (BROKER ONLY): 1. Broker's supervisory responsibilities (licensees, teams and unlicensed assistants and employees) (BROKER ONLY); 2. Broker relationship with licensees (employees or independent contractors and governing rules) (BROKER ONLY)
  • XI. Real Estate Calculations (Broker 6%) (6%)
    • A. Calculations for Transactions: 1. Seller’s net proceeds; 2. Buyer funds needed at closing; 3. Real property tax and other prorations; 4. Real property transfer fees; 5. PITI (Principal, Interest, Taxes and Insurance) payments estimate given loan rate and term
    • B. General Concepts: 1. Equity; 2. Rate of return/Capitalization rate; 3. Loan-to-Value ratio; 4. Discount points and loan origination fees
Examination sources