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CASH PURCHASES

All  listed cash prices include the preparation of the Warranty Deed, all related transfer documents and complete recording and transfer instructions.

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PURCHASES ON EASY TERMS

Where a purchase is made with a down payment and the balance paid over a period of time a Contract will be signed by the Seller and Buyer that sets out the basic terms and conditions of the transaction which will include, among other things, the price, down payment, payment balance, interest rate, and length of term. 

While the title to the property will not pass to the Buyer until the balance shown on the Contract is paid in full, the buyer may enjoy full occupancy and use of the property immediately upon execution of the Contract.  Once the terms and conditions of the Contract have been fulfilled and the balance paid off, the Buyer will be delivered a Warranty Deed that conveys to the Buyer a full, unencumbered fee simple interest in the property.  In the Warranty Deed the Seller  will warrant not only that he is the owner of the property, but that the property is free and clear of any liens or encumbrances. 

The Contract will require the buyer to make the requisite payments on time, pay the Real Property Taxes and subdivision dues, if any, and abide by the County of Hawaii Building Codes and the particular subdivision’s Codes, Covenants, and Restrictions, if any.

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Last modified: 03/23/10