HAR §15-309-12
HAR §15-309-12. Unit offering
Length: 98 wordsOfficial source
Cite as Haw. Code R. § 15-309-12
(a) The developer will offer
units to the qualified purchaser by one of the following
means:
(1) In the order in which the names appear on the
list of qualified purchasers provided by the
corporation pursuant to section 15-309-10;
(2) By the drawing of lots; or
(3) By any other reasonable and fair method as
determined by the developer and approved by the
corporation.
(b) Qualified purchasers may select a unit within their
prequalified loan amount, including the corporation's
equity. [Eff
JAN 15
9021
]
(Auth:
SLH 2023, Act 92, $2)
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(Imp:
SLH 2023, Act 92, §2)