Ace the Hawaii Pre-Licensing Exam 2025 – Surf Your Way to Real Estate Success!

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Question: 1 / 400

What type of facts must be disclosed as part of the full disclosure requirement?

Only positive aspects of the property

All material facts that could affect a buyer's decision

The requirement for full disclosure in real estate transactions mandates that all material facts be disclosed that could influence a buyer's decision-making process. Material facts are those that would significantly impact the value or desirability of the property and can range from issues like structural integrity, zoning changes, or any defects in the property. By ensuring that buyers are informed about all relevant material facts, the aim is to foster transparency, protect consumers, and maintain fairness in the transaction.

The other options do not fulfill the full disclosure requirement because only focusing on positive aspects of the property fails to provide a complete picture, while a seller's personal financial status and competition from similar properties do not directly affect the intrinsic characteristics of the property itself relevant to the buyer’s decision.

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Seller's personal financial status

Competition from similar properties

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