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SB1018
THE SENATE
S.B. NO.
1018
THIRTY-THIRD LEGISLATURE, 2025
STATE OF HAWAII
A BILL FOR AN ACT
relating
to real estate transactions
.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
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SECTION
1
.
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The purpose of this Act is to
require that in any advertising of real property adjacent to the shoreline, a
seller and the seller's agent shall disclose complete and accurate information
about any shoreline erosion issues related to the parcel.
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SECTION
2
.
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Section 508D-15, Hawaii Revised Statutes, is
amended by amending subsection (b) to read as follows:
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"
(b)
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When residential real property lies adjacent
to the shoreline, the seller
and the seller's agent
shall disclose
,
and include in all advertisements for the real property,
all permitted and
unpermitted erosion control structures on the parcel, expiration dates of any
permitted structures, any notices of alleged violation associated with the
parcel, and any fines for expired permits or unpermitted structures associated
with the parcel."
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SECTION 3.
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This Act does not affect rights and duties that matured, penalties that
were incurred, and proceedings that were begun before its effective date.
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SECTION 4.
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New statutory material is underscored.
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SECTION 5.
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This Act shall take effect upon its approval.
INTRODUCED BY:
_____________________________
Report Title:
Real
Property; Shoreline; Erosion; Disclosure
Description:
Requires
a seller of real property adjacent to the shoreline, and the seller's agent, to
disclose and include in all advertisements shoreline erosion certain issues
related to the parcel.
The summary description
of legislation appearing on this page is for informational purposes only and is
not legislation or evidence of legislative intent.