Current through November, 2024
Section 15-308-176 - Sale of leased fee interest of the land(a) The corporation may sell the leased fee interest of the land according to the terms of the lease, or state statutes, as applicable.(b) The original terms of the lease or revised terms and conditions mutually agreed upon in writing shall be used to value the leased fee interest of the land.(c) The corporation may sell the leased fee interest of the land for the project, or for individual lots.(d) The lessee shall pay for all costs to purchase the leased fee interest of the land.Haw. Code R. § 15-308-176
[Eff 1/15/2022] (Auth: HRS § 201H-4) (Imp: HRS §§ 201H-5, 201H-9, 201H-12, 201H-15, 201H-22