Hawaii Real Estate Purchase Agreement Template

Downloads: 916

The Hawaii purchase agreement holds the buyer & seller involved in real estate transaction accountable to execute their contractual obligations. Implemented for the purpose of selling and purchasing property, this document requires users to input information specific to the sale, such as both parties’ contact info, sales price, and the amount of the earnest money deposit. The agreement is then finalized when all participating persons provide their signatures along with the current date.

Required Disclosures

Lead-Based Paint Disclosure (42 U.S. Code § 4852d) – Seller is required to provide a disclosure pertaining to any known lead paint hazards contained within the property, plus an informational booklet about risks associated with the substance that is approved by the EPA. (Only applicable to homes constructed before 1978.)

Seller’s Property Disclosure Statement (§ 508D-4, § 508D-5) –  The state of Hawaii requires sellers to submit a disclosure form to the buyer listing all the necessary material facts/defects connected to the dwelling. The form must be provided within ten (10) days of accepting the purchase agreement. (Exemptions to this disclosure can be found in § 508D-3.)

Realtor Version

Hawaii Association of Realtors Adobe PDF