S.B. 2670 Summary

• Requires execution of a vulnerable coastal property purchaser statement for all sales or transfers of vulnerable coastal real property in Hawaii.

• Statement must be notarized and recorded in the bureau of conveyances, with purchaser acknowledgment of risks including coastal erosion, sea level rise, shoreline retreat, and permitting difficulties for coastal protection structures.

• Purchaser must acknowledge that beaches are public trust resources, the public has shoreline transit rights under HRS §115-4, and the state may require removal of encroaching vegetation affecting beach access under HRS §115-10.

• Defines "vulnerable coastal property" as real property located within a sea level rise exposure area officially designated by the Hawaii Climate Change Mitigation and Adaptation Commission.

• Effective date: December 31, 2033.