SB 1339 Summary

• Requires execution of a "vulnerable coastal property purchaser statement" by buyers or transferees in all sales or transfers of vulnerable coastal property within Hawaii's sea level rise exposure area

• Statement must acknowledge seven specific risks including shoreline retreat from erosion/sea level rise, existence of hazard maps, setback requirements under chapter 205A, difficulty obtaining permits for shoreline protection structures, public trust status of beaches, public right of shoreline access, and potential vegetation removal requirements

• All purchaser 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

• Takes effect December 31, 2050