(1) For purposes of unlicensed contractor fraud, the value of the property shall be the greater of:

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Terms Used In Hawaii Revised Statutes 708-8305

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Fraud: Intentional deception resulting in injury to another.
(a) The value of property as provided in § 708-801; or
(b) The total value of all moneys and any assets of value paid or lost by the victim or victims pursuant to the same scheme or course of conduct.
(2) The value of any work done by the unlicensed contractor shall not be used as an offset for the value of the property calculated under this section.