Hawaii Administrative Rules
Title 17 - DEPARTMENT OF HUMAN SERVICES
Hawaii Public Housing Authority
Chapter 2036 - SECTION 8 HOMEOWNERSHIP OPTION PROGRAM
Subchapter 3 - PURCHASE OF DWELLING UNIT
Section 17-2036-41 - Contract of sale; requirements
Universal Citation: HI Admin Rules 17-2036-41
Current through August, 2024
(a) Upon finding a dwelling unit that the applicant is willing to purchase, the applicant shall provide a copy of the contract of sale to the authority.
(b) The contract of sale shall contain the following information:
(1) Specify the price
and other terms of sale by the seller to the applicant;
(2) Provide that the applicant shall arrange
for a pre-purchase inspection of the dwelling unit by an independent inspector
selected by the applicant;
(3)
Provide that the applicant is not obligated to purchase the unit;
(4) Provide that the applicant is not
obligated to pay for any necessary repairs; and
(5) Certify that the seller has not been
debarred, suspended, or subject to a limited denial of participation under 24
C.F.R. Part 24.
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