Hawaii Enacts Buyer’s Choice Legislation
May 27, 2010
Beginning July 1, no foreclosing mortgagee or mortgagee who acquires the property through a foreclosure proceeding shall require, direct or indirectly, as a condition of selling the property, that the buyer purchase title insurance or escrow service from a particular title insurer or escrow depository.
Contact ALTA at 202-296-3671 or [email protected].