Hawaii Revised Statutes 480e. Mortgage Rescue Fraud Prevention Act

• 480e-1 Purpose.
  The purpose of this chapter is to protect Hawaii consumers from persons who prey on homeowners who face property foreclosures, liens, or encumbrances. Consumers who...
• 480e-2 Definitions.
  As used in this chapter, unless the context otherwise requires: "Consideration" means any payment or thing of value provided to an owner of a distressed...
• 480e-2.5 Mortgage Rescue Fraud; Consumer Education.
  The office of consumer protection shall educate consumers about fraudulent activities that may be committed against homeowners who face property foreclosures, liens, or encumbrances,...
• 480e-3 Distressed Property Consultant Contract.
  (a) A distressed property consultant contract shall be in writing and shall fully disclose all services to be performed by the distressed property consultant and...
• 480e-4 Right to Cancel a Distressed Property Consultant Contract.
  (a) A distressed property consultant contract shall contain, immediately before the space reserved for all the distressed property owners' signatures, the following notice of right...
• 480e-5 Cancellation of a Distressed Property Consultant Contract.
  (a) In addition to any other legal right to rescind a contract, any distressed property owner has the right to cancel a distressed property consultant...
• 480e-6 Distressed Property Conveyance Contract.
  (a) A distressed property conveyance contract shall be in writing and shall fully disclose all rights and obligations of the distressed property purchaser and all...
• 480e-7 Right to Cancel a Distressed Property Conveyance Contract.
  (a) A distressed property conveyance contract shall contain, immediately before the space reserved for all the distressed property owners' signatures, the following notice of...
• 480e-8 Cancellation of a Distressed Property Conveyance Contract.
  (a) In addition to any other legal right to rescind a contract, any distressed property owner has the right to cancel a distressed property conveyance...
• 480e-9 Distressed Property Lease.
  (a) A distressed property lease shall be in writing and shall fully disclose: (1) All rights and obligations of the distressed property lessor and distressed...
• 480e-10 Prohibitions.
  (a) A distressed property consultant shall not: (1) Misrepresent or conceal any material fact; (2) Induce or attempt to induce a distressed property owner to...
• 480e-11 Unfair or Deceptive Act or Practice; Penalties.
  (a) Any person who violates any provision of this chapter shall be deemed to have engaged in an unfair or deceptive act or practice in...
• 480e-12 Criminal Penalties.
  Any person who violates section 480E-10 is guilty of a class C felony and, in addition to any other penalties, shall be fined $10,000....

Last modified: October 27, 2016