HI SB1126

Requires all sales or transfers of vulnerable coastal property to include a sea level rise hazard exposure statement executed by the purchaser or transferee, effective November 1, 2019.

Sea level rise hazard exposure statement must acknowledge seven specific items including coastal erosion risks, shoreline retreat impacts, permit challenges for shoreline protection structures, public beach access rights, and potential vegetation removal requirements.

All vulnerable coastal property statements must be notarized and recorded in the bureau of conveyances.

Defines "vulnerable coastal property" as real property within the sea level rise exposure area officially designated by the Hawaii climate change mitigation and adaptation commission.

Requires sellers to disclose as a material fact whether residential real property lies within a sea level rise exposure area in mandatory seller disclosure statements to buyers.

Expands existing real property disclosure requirements to include a fifth designated hazard area (sea level rise exposure areas) alongside flood hazard areas, noise exposure areas, military airport zones, and tsunami inundation areas.

Takes effect December 31, 2050.