Section 17-2036-41 - Contract of sale; requirements(a) Upon finding a dwelling unit that the applicant is willing to purchase, the applicant shall provide a copy of the contract of sale to the authority.(b) The contract of sale shall contain the following information: (1) Specify the price and other terms of sale by the seller to the applicant;(2) Provide that the applicant shall arrange for a pre-purchase inspection of the dwelling unit by an independent inspector selected by the applicant;(3) Provide that the applicant is not obligated to purchase the unit;(4) Provide that the applicant is not obligated to pay for any necessary repairs; and(5) Certify that the seller has not been debarred, suspended, or subject to a limited denial of participation under 24 C.F.R. Part 24. Haw. Code R. § 17-2036-41
[Eff 1/20/2019] (Auth: HRS §§ 356D-4, 356D-13) (Imp: HRS § 356D-13; 24 C.F.R. § 982.631 )