Agency
What is 'Hawaii's Consumer Protection Act' and how does it interact with real estate agency?
AA. The Consumer Protection Act doesn't apply to licensed real estate professionals
BB. HRS Chapter 480 prohibits unfair or deceptive trade practices; real estate agents who engage in misrepresentation, concealment, or deceptive practices may face both license law violations and consumer protection claims allowing treble damages✓ Correct
CC. The Consumer Protection Act only applies to commercial real estate agents
DD. Consumer protection laws are preempted by federal real estate regulations in Hawaii
Explanation
HRS Chapter 480 (Hawaii's UDAP statute) applies to real estate transactions and provides consumers with powerful remedies: actual damages, treble damages (triple) for intentional violations, and attorneys' fees. This supplements license law enforcement, giving defrauded real estate consumers strong civil remedies in addition to any disciplinary action the Real Estate Commission may take against the agent.
Related Hawaii Agency Questions
- What is a 'real estate team' leader's responsibility for team members' compliance in Hawaii?
- Under Hawaii's agency disclosure requirements, a 'transaction broker' (facilitator) relationship means:
- Hawaii's real estate disclosure law requires agency disclosure to be made:
- In Hawaii, which type of agency is established when an agent's authority derives from the client's words or actions, even without a formal written agreement?
- Under Hawaii law, which of the following is a required disclosure in an agency relationship?
- The Hawaii agency disclosure form must be provided to the consumer:
- In Hawaii, a buyer's agent who discovers the seller is emotionally distressed and willing to accept far below market value must:
- A seller's agent in Hawaii discovers that the buyer is willing to pay $50,000 more than their offer price. The seller's agent:
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →