A Hawaii Real Estate Purchase Agreement is a typed or handwritten contract that establishes the terms and conditions of the sale and purchase of the real property. Its provisions are binding for both parties, the seller and the buyer, and it protects the interests of the parties in case of disagreements and disputes in the future by confirming the acceptance of payment and the condition of the property at the time of the deal.
There are no official state of Hawaii forms for sellers and buyers of real estate to use during the transfer of ownership. Make your own Hawaii Real Estate Purchase Agreement via our online form builder or download a ready-made form through the link below.
No later than ten days after the parties complete and sign a residential sale and purchase agreement, the former owner must provide the buyer with a Seller's Property Disclosure Statement. This document contains various information about the house or apartment in question - for instance, utility costs and zoning details, - and notifies the purchaser about material defects or issues of the real estate.
Due to a high probability of illnesses as a result of exposure to lead-based paint, all residential property built before 1978 must be sold with a notarized Lead Disclosure - the seller must tell the buyer about any lead-based paint presence known to them.