Statutes, codes, and regulations
Hawaii Administrative Rules
Title 15 - DEPARTMENT OF BUSINESS, ECONOMIC DEVELOPMENT AND TOURISMHawaii Housing Finance and Development CorporationChapter 308 - STATE ASSISTED SALES AND LEASE PROGRAM
Subchapter 6 - SHARED APPRECIATION EQUITY PROGRAM RESTRICTIONS
Section 15-308-109 - Exercise of the right to purchase restriction

Haw. Code R. § 15-308-109

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Current through November, 2024
Section 15-308-109 - Exercise of the right to purchase restriction

In the event the corporation exercises its option to purchase the property, the shared appreciation equity program restriction shall not apply. If the purchaser paid part of or the full payment for the shared appreciation equity program, the corporation shall refund the amount paid.

Haw. Code R. § 15-308-109

[Eff 1/15/2022] (Auth: HRS § 201H-4) (Imp: HRS § 201H-47)
Comp 12/10/2022