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HI HB218

Bill

Status

Engrossed

3/7/2017

Primary Sponsor

Calvin Say

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • Requires foreclosing mortgagees to post public notice of foreclosure sales in a conspicuous location on the mortgaged property at least 28 days before the sale, in addition to newspaper publication or state website posting.

  • Mandates that notices of default and intention to foreclose state that the mortgagee "shall" (rather than "may") publish public notice on newspaper, state website, or property location.

  • Applies the same posting and publication requirements to condominium associations conducting power of sale foreclosures under HRS Chapter 667, Part II.

  • Requires associations to follow all public notice requirements when postponing foreclosure sales, including re-posting notices at least 14 days before the new sale date.

  • Effective date: July 1, 2112.

Legislative Description

Relating To Foreclosures.

Foreclosure

Last Action

Re-Referred to CPH, JDL.

3/10/2017

Committee Referrals

Commerce, Consumer Protection, and Health3/9/2017
Consumer Protection & Commerce2/9/2017
Intrastate Commerce1/23/2017

Full Bill Text

No bill text available