Hawaii Revised Statutes 516-9 – Quitclaim deeds
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Terms Used In Hawaii Revised Statutes 516-9
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: means the Hawaii housing finance and development corporation created by chapter 201H. See Hawaii Revised Statutes 516-1
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
Unless otherwise provided by law, the corporation shall issue quitclaim deeds and leases whenever it conveys, transfers, sells, or assigns any property developed, constructed, or sponsored under this chapter. In no instance shall the corporation be considered a guarantor or warrantor of the condition and quality of the property upon the issuance of any such quitclaim deed or lease.