HAR §15-308-1. Purpose

This chapter is adopted under chapter 91, HRS, and implements the provisions of chapter 201H, HRS, providing for the sale, resale, purchase, repurchase, lease, or rental of dwelling units. Priority for affordable units marketed and sold under this chapter shall be for first-time homebuyers who require the assistance of programs under chapter 201H, HRS, to purchase their home. A first-time homebuyer who intends to purchase a unit developed or sold under this chapter with cash does not require the assistance of programs under chapter 201H, HRS, to become a homeowner. [Eff 1/15/22; am and comp §201H-4) (Imp: HRS §201H-4) 308-5 0 (Auth: HRS Subchapter 9 Administration of Corporation Leases §15-308-171 §15-308-172 §15-308-173 §15-308-174 §15-308-175 $15-308-176 Purpose Applicability Administration of residential leases General lease provisions Extension of fixed rent period or term for mortgage purposes Sale of leased fee interest of the land Historical Note: Chapter 308 of Title 15, Hawaii Administrative Rules, was formerly part of Chapter 15- 307, Hawaii Administrative Rules [Eff 12/04/10; am and comp 4/28/17], Chapter 373 of Title 6, Hawaii Administrative Rules [Eff 1/9/89; am 8/3/92; R 10/25/99], and Chapter 175 of Title 15, Hawaii Administrative Rules [Eff 10/25/99; R 12/04/10]. SUBCHAPTER 1 GENERAL PROVISIONS