A Hawaii broker asks a salesperson about a time share plan is offered to the public in Hawaii. Which answer follows Hawaii law?
Correct Answer
B) The offering must account for Hawaii time-share disclosure and registration rules unless an exemption applies
HRS 514E-9 and 514E-10 require disclosure and registration treatment for time share plans; the Hawaii outline tests time sharing under Types of Ownership. Source basis: Hawaii DCCA PSI state outline hi.II Types of Ownership plus official Hawaii Revised Statutes chapters 514B, 514E, 421I, and 421J; checked 2026-04-30.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.
Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.
Condominium ownership involves owning a unit of airspace within a multi-unit building plus an undivided interest in the common elements shared with other unit owners. Each unit is separately taxed and financed.
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