Category: Hawaii
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Deeds Reserved for Affordability: Incentives for Home Buyers to Live in Hawaii
Hawaii continues to grapple with its housing crisis. Hawaii’s Hale Kamaaina Mortgage Program is a state-based initiative to connect first-time home buyers with cut-rate mortgages. And this year, it made an extra $3,000 available to its first 35 buyers. Hale Kamaaina offers first-time Hawaii home purchasers: The funding comes from tax-exempt mortgage bonds. Hawaii administers…
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Hawaii Land Court/Torrens Document Processing Update
The Hawaii Bureau of Conveyances (BOC) has announced significant changes to the processing of Land Court/Torrens documents, effective from November 27, 2023. This update comes in light of unexpected staffing challenges that have affected the bureau’s operational capabilities. Extended Turn-Around Time for eRecording The BOC has advised that due to these staffing issues, the processing…
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Recording Real Estate Document in Hawaii: What the FAQ?
Documents affecting real property in Hawaii can be recorded in either the Land Court, also referred to as the Torrens system, or in the Regular System (also referred to as the Abstract system). A document recorded in both is referred to as “dual system recording.” Both are managed by Hawaii’s single statewide recorder, the Bureau…
