Hawaii Revised Statutes 667-103 – Recordation; full satisfaction of debt by unit owner
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Terms Used In Hawaii Revised Statutes 667-103
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Lien: A claim against real or personal property in satisfaction of a debt.
Except as provided in section 667-92(f) (2), the recordation of both the conveyance document and the affidavit shall not operate as full satisfaction of the debt owed by the unit owner to the association unless the sale proceeds from the unit or the amounts paid by a purchaser under the special assessment permitted by section lien for assessments” class=”unlinked-ref” datatype=”S” sessionyear=”2022″ statecd=”HI”>421J-10.5 or 514B-146 are sufficient to satisfy the unit owner’s debt to the association, including the association’s legal fees and costs. The debts of other lien creditors are unaffected except as provided in this part.