HI
The investor buys a deed to the property, but the former owner keeps a window to redeem and reclaim title.
Sale type
Redeemable deed
Redemption
12 mo
Interest / penalty
Flat rate · 12%
Sale timing
Varies
Rules in plain English
Sale type
Redeemable deed
The investor buys a deed to the property, but the former owner keeps a window to redeem and reclaim title.
HRS § 246-60 (tax deed; redemption)
“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”official source ↗
Redemption period
12 mo
12 months (1 year) from the sale date
HRS § 246-60
“the taxpayer may redeem the property sold by payment to the purchaser at the sale, within one year from the date thereof”official source ↗
Interest / penalty
Flat rate · 12%
12% flat per year.
Bid method
Highest bid
The parcel or lien goes to the highest bidder at auction.
HRS § 246-56 (foreclosure without suit)
“shall be sold by the tax collector at public auction to the highest bidder, for cash, to satisfy the lien”official source ↗
Sale schedule
Varies
Sale timing varies by county.
HRS § 246-56 (sale after public notice at least once a week for four successive weeks)
“after public notice given at least once a week for at least four successive weeks immediately prior thereto statewide”official source ↗
Redemption detail
- Base period
- 12 months (1 year)
- Starts from
- the sale date
- Notice days
- Not documented
- Exceptions
- Not documented
Bidder process
- Registration
- Not documented
- Registration mode
- Not documented
- Registration deadline
- Not documented
- Registration fee
- Not documented
- Deposit required
- Not documented
- Deposit amount
- Not documented
- Deposit percent
- Not documented
- Deposit refundable
- Not documented
- Sale format
- Not documented
- Payment deadline
- Not documented
- Payment methods
- unknown
- Residency required
- Not documented
Act 52, L 2016 (H.B. 2217); Hawaii Department of Taxation, Digest of Tax Measures (2016)
“Act 52 repeals obsolete state law, which imposed a real property tax, by repealing chapters 246 and 246A, HRS, in their entirety.”official source ↗
HRS 231-63
“All real property on which a lien for state taxes exists may be sold by way of foreclosure without suit by the state tax collector, and in case any lien, or any part thereof, has existed thereon for three years, shall be sold by the state tax collector at public auction to the highest bidder, for cash, to satisfy the lien”official source ↗
Notes
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