I’m a developer of a chapter 514A, HRS, project, and I missed the deadline to transfer to chapter 514B, what do I do now?
To engage in legal sales for units that were never sold, the project must re-register under chapter 514B, HRS. This includes units that are owned by the developer, the inheritors of original owners, and “hui” owners who delegated developer power to a specific individual but were original owners and never sold their units. Please review our developer memo for guidance in this process.
You may find the required forms and general information here.
Please review the history of the repeal of chapter 514A, HRS, here.