HI HB2360

Requires real estate appraisers serving as arbitrators in property valuation disputes to submit unresolved legal issues to courts for judicial determination rather than deciding them themselves.

Mandates that arbitration awards include findings of fact, the appraiser's rationale, certification of compliance with Uniform Standards of Professional Appraisal Practice, and detailed information about evidence, data, methodologies, and analysis supporting the award.

Eliminates confidentiality protections for arbitration records, requiring appraisers to make awards, supplementary opinions, and dissenting opinions available upon reasonable request by any person, regardless of party status.

Addresses concerns about concentrated land ownership in Hawaii and the appraisal industry's control over leasehold property valuations by increasing transparency and public access to arbitration information.