Hawai’i Protects Consumers’ Ability to Retain Real Estate Licensees

scales of justice in court room

Hawai’i House Bill 279 adds a new section to the already existing real estate licensing laws that allows the Hawai’i Real Estate Commission to take disciplinary action against licensees for misconduct. While existing legislation already allows for the commission to take disciplinary action for specified actions of misconduct, the new Hawai’i Revised Statutes expands those sanctions to include situations where a licensee, “…prohibits a prospective purchaser or prospective seller of real estate from being to able to retain the services of a real estate broker or real estate salesperson.”

The need for this new statute arose from situations where developers of condominiums and single-family residential developments were imposing polices to prohibit prospective purchasers from retaining the services of a real estate licensee during the buying process. The new statute has been named Act 041 and will take effect on November 2, 2015.

Copyright: ARELLO registered. Condensed from ARELLO’S Boundaries magazine (2015 June)

Full article: Arello Boundaries Excerpt Hawaii June 2015

This blog/website is made available by CRES Insurance Services for educational purposes to give you general information and understanding of legal risks and insurance options, not to provide specific legal advice. This blog/website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state. Claims examples are for illustrative purposes only. Read your policy for a complete description of what is covered and excluded.

Originally Published June 25, 2015

Category: ,

Read about the new iPhone iOS 13 per @InmanNews https://t.co/R27UAYtfG7 RT @InmanNews: Feature that prompts social network users to reconsider posting potentially offensive comments grew out of effort to combat…