Escrow & Title
What is 'inter vivos transfer' in Hawaii estate planning and title considerations?
AA. A transfer of property upon a person's death through a will
BB. A transfer of property during a person's lifetime (Latin: 'between the living'); includes sales, gifts, and trust transfers; avoids probate but may have gift tax implications✓ Correct
CC. A transfer by a court order resolving an estate dispute
DD. A transfer of property between government agencies in Hawaii
Explanation
An inter vivos transfer is any property transfer made during the transferor's lifetime, as opposed to a testamentary transfer (through a will at death). Inter vivos transfers include sales, gifts, and transfers to trusts.
Related Hawaii Escrow & Title Questions
- An owner's title insurance policy in Hawaii is typically purchased:
- Which of the following is a primary function of an escrow in a real estate transaction?
- In Hawaii, the Real Property Tax Key (TMK) is used to:
- What is 'gap insurance' in the context of Hawaii vehicle loans compared to Hawaii real estate title insurance?
- In Hawaii, an 'easement by express grant' is created when:
- In Hawaii, a 'sale-leaseback' transaction involves:
- What does it mean when a Hawaii title insurance policy contains a 'standard exception' for matters shown on a survey?
- In Hawaii, a tax lien on a property is:
Practice More Hawaii Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Hawaii Quiz →