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HI HB218
Bill
Status
3/7/2017
Primary Sponsor
Calvin Say
Click for details
AI Summary
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Requires foreclosing mortgagees and associations to post public notice of property sales in a conspicuous location on the mortgaged property or unit at least 28 days before the sale date, in addition to existing newspaper or website publication requirements.
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Changes mandatory language from "may publish" to "shall publish" in notices of default and intention to foreclose, making publication in newspapers, state websites, and on the property itself a requirement rather than optional.
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Applies new conspicuous posting requirement to both residential mortgage foreclosures (Section 667-27) and condominium unit foreclosures by associations (Section 667-96).
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Requires associations conducting postponed foreclosure sales to follow all public notice publication requirements described in Section 667-96(d), including the new conspicuous posting requirement.
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Effective July 1, 2112.
Legislative Description
Relating To Foreclosures.
Foreclosure
Last Action
Re-Referred to CPH, JDC.
1/17/2018