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Redemption
12 mo
Max interest
12%
You buy a deed, but the former owner can still redeem the property for a set period. The owner has 1 year from the sale to pay you back. You earn 12% interest a year. You win with the highest bid. Sales are held on a schedule that varies by county.
Sale type
HRS § 246-60 (tax deed; redemption)
https://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0246/HRS_0246-0060.htm“the delivery of the conveyances shall vest in the purchaser the title to the property sold; provided that the deed to the premises shall be recorded within sixty days after the sale”
Redemption
HRS § 246-60
https://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0246/HRS_0246-0060.htm“the taxpayer may redeem the property sold by payment to the purchaser at the sale, within one year from the date thereof”
Interest
HRS § 246-60
https://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0246/HRS_0246-0060.htm“interest on such amount at the rate of twelve per cent a year”
Bid method
HRS § 246-56 (foreclosure without suit)
https://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0246/HRS_0246-0056.htm“shall be sold by the tax collector at public auction to the highest bidder, for cash, to satisfy the lien”
Sale timing
HRS § 246-56 (sale after public notice at least once a week for four successive weeks)
https://www.capitol.hawaii.gov/hrscurrent/Vol04_Ch0201-0257/HRS0246/HRS_0246-0056.htm“after public notice given at least once a week for at least four successive weeks immediately prior thereto statewide”
HRS ch.246 was repealed by L 2016, c 52, s 7; real property tax functions transferred to the counties (HRS ch.246A). Sales are administered by each county (e.g., Hawaii County). Archived HRS 246-56 (official) shows the prior tax-lien foreclosure without suit. | Prose: redeemable deed | 12% per year on redemption | 1 year | highest bidder at public auction | varies by county
HRS ch.246 was repealed by L 2016, c 52, s 7; real property tax functions transferred to the counties (HRS ch.246A). Sales are administered by each county (e.g., Hawaii County). Archived HRS 246-56 (official) shows the prior tax-lien foreclosure without suit.
| County | FIPS | Platform | Health |
|---|---|---|---|
| Hawaii County | 15001 | — | not_started |
| Honolulu County | 15003 | — | not_started |
| Kalawao County | 15005 | — | not_started |
| Kauai County | 15007 | — | not_started |
| Maui County | 15009 | — | not_started |