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A Quiet Title Action is a legal proceeding where a Court corrects certain defects in the title to land, which prevents the true owner from the fullest use and enjoyment of the land. One typical type of title defect in Hawaii is when there is a ?break? in the chain of title.
The deed or assignment of lease must be signed (in black ink) by the current owner and the new owner before a notary public. The deed or assignment of lease must be recorded in the State of Hawaii Bureau of Conveyances or Land Court. A Conveyance Tax Certificate must be filed and any tax due must be paid.
If you will hold title with others, you will have three options to choose from: Tenants in Common, Joint Tenants, and Tenants by the Entirety. We'll expand on each one, as each one deals differently with how your property is transferred upon your death.
A Quitclaim Deed transfers whatever interest the Grantor may have in the property. It makes no guarantees, whatsoever. For example, anyone could Quitclaim their interest in any property whether they owned it or not.
We'll record them with the State of Hawaii Bureau of Conveyances and email you the final, recorded copy. Most deed transfers take as little as 2 weeks. We can expedite documents for an additional fee and some transfers can be completed the same day!
Hawaii is a lien theory state and uses mortgages instead of deeds of trust.
Every state levies a transfer tax when real property (land or homes) sells. Hawaii is no exception. The only difference is that the Hawaii tax can be extremely confusing. No surprise there, right?