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Hawaii Revised Statutes

Haw. Rev. Stat. § 506-5 (2026)

  Use and possession of mortgaged property

✓ current as of July 2026
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     §506-5  Use and possession of mortgaged property.  In the absence of an agreement to the contrary, the mortgagor of real property or fixtures under a duly recorded mortgage is entitled to the use or possession thereof until default. [L 1939, c 131, §1; RL 1945, §8879; RL 1955, §196-9; ren and am L 1966, c 18, §5(f); HRS §506-5]

 

 

Notes of Decisions
Cited in 1 case, 2000–2000 · leading case: Hawai'i Nat'l Bank v. Cook, 55 P.3d 827 (Haw. App. 2000).
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Hawai'i Nat'l Bank v. Cook, 55 P.3d 827 (Haw. App. 2000). · cites it 4× “[4] This is consistent with Hawai`i Revised Statutes (HRS) § 506-1 (1999), which provides that a mortgage "shall create a lien only as security for the obligation and shall not be deemed to pass title[,]" and HRS § 506-5 which states that "[i]n the absence of an agreement to the…”
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