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Developer sues lady after they accidentally built on her lot, someone pooped on floor
#51
This whole “redemption” period is full of confusion. 

First, from what has been reported, she acquired the property in 2018. The house was built in 2023. 

According to the property tax website, the redemption period lasts only one year. Further, it requires that the prior owner must make direct contact to the auction winner in that one year. 

Additionally, the prior owner can reclaim the property by reimbursing the purchase price plus 1% interest per month plus ONLY the costs to keep the title in good standing such as property tax or HOA fees etc. and is under NO obligation to reimburse for any improvements that have been made. 

I’m assuming that since the legal system is talking about the redemption period is that perhaps the original owner did attempt to buy back the property within the one year time frame, otherwise I don’t see how that could ever be enforced now since 5 years have elapsed since she bought the property at auction. 

(Please read last two paragraphs at bottom of page 1)

https://www.hawaiipropertytax.com/docs/T...stions.pdf
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RE: Developer sues lady after they accidentally built on her lot, someone pooped on floor - by HiloJulie - 04-27-2024, 12:01 AM

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