(a) The buyer shall indicate receipt of the seller’s disclosure statement on the real estate purchase contract, or in any addendum attached to the contract, or in a separate document.
contract signature

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Terms Used In Hawaii Revised Statutes 508D-12

  • Contract: A legal written agreement that becomes binding when signed.
  • Disclosure statement: means a written statement prepared by the seller, or at the seller's direction, that purports to fully and accurately disclose all material facts relating to the residential real property being offered for sale that:

    (1) Are within the knowledge or control of the seller;

    (2) Can be observed from visible, accessible areas; or

    (3) Are required to be disclosed under sections 508D-4. See Hawaii Revised Statutes 508D-1

(b) Receipts taken for the disclosure statement shall be kept on file in possession of the seller or seller’s agent for a period of three years from the date the receipt was taken.

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