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Bill > SB293


HI SB293

HI SB293
Relating To Real Property Transactions.


summary

Introduced
01/15/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

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.

AI Summary

This bill amends Hawaii's real property transaction laws to require sellers to disclose if the United States Postal Service (USPS) cannot deliver mail or packages to a residential property being offered for sale. Specifically, the bill modifies Chapter 508D of the Hawaii Revised Statutes by adding a new section that defines the inability of USPS to deliver mail or packages as a "material fact" that must be included in the property's disclosure statement. The bill also updates the definition of "disclosure statement" to explicitly include this new requirement among the facts that must be disclosed. This means that when selling a residential property in Hawaii, sellers will now be legally obligated to inform potential buyers if the property has mail delivery issues, which could be important for buyers to know as it might impact the property's accessibility and convenience. The new law will take effect immediately upon approval.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

The committee on CPN deferred the measure. (on 02/14/2025)

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