Bill Text: HI SB395 | 2023 | Regular Session | Amended
Bill Title: Relating To Real Property Transactions.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Engrossed - Dead) 2023-03-21 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Quinlan excused (1). [SB395 Detail]
Download: Hawaii-2023-SB395-Amended.html
|
THE SENATE |
S.B. NO. |
395 |
|
THIRTY-SECOND LEGISLATURE, 2023 |
S.D. 1 |
|
|
STATE OF HAWAII |
|
|
|
|
|
|
|
|
||
|
|
||
A BILL FOR AN ACT
RELATING TO REAL PROPERTY TRANSACTIONS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
"§508D- United
States Postal Service delivery; disclosure required. The inability of the United States Postal Service to deliver mail or
packages to the residential real property that is being offered for sale shall
be considered a material fact that shall be contained in a disclosure
statement."
SECTION 2. Section 508D-1, Hawaii Revised Statutes, is amended by amending the definition of "disclosure statement" to read as follows:
""Disclosure
statement" means a written statement prepared by the seller, or at the
seller's direction, that purports to fully and accurately disclose all material
facts relating to the residential real property being offered for sale that:
(1) Are within the knowledge or control of the
seller;
(2) Can be observed from visible, accessible
areas; or
(3) Are required to be disclosed under sections
508D-4.5 [and], 508D-15[.], and 508D- ."
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2050.
Report Title:
Residential Real Property; Mandatory Disclosure; United States Postal Service Delivery
Description:
Requires a seller or its agent in a residential real property transaction to disclose that the United States Postal Service cannot deliver mail or packages to the residential real property being offered for sale. Effective 7/1/2050. (SD1)
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.
