HI HB565

Requires sellers to provide a "vulnerable coastal property statement" to buyers of residential real properties located within sea level rise exposure areas as designated by the Hawaii climate change mitigation and adaptation commission.

Statement must be signed by seller within six months before or ten days after buyer's acceptance of purchase contract and delivered to buyer within ten days of contract acceptance.

Buyer must acknowledge receipt and review of the statement with a notarized signature on the purchase contract or separate document.

Statement must include required disclosures about coastal erosion risks, shoreline setback determinations, beach access rights, and the availability of public maps showing erosion, flood zones, and sea level rise vulnerability.

Vulnerable coastal property statement must be recorded with the bureau of conveyances; effective date is July 1, 2050.