Hawaii Revised Statutes

Haw. Rev. Stat. § 516-28 (2026)

Disposition, generally

✓ current as of July 2026

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§516-28 Disposition, generally. It shall be the policy of the Hawaii housing finance and development corporation to encourage the widespread fee simple ownership of residential lots situated within a development tract. Where necessary or desirable, the corporation may lease the residential lots. Not more than one lot shall be sold in fee simple or leased to a purchaser or lessee. A husband and wife together, unless separated and living apart under a decree of separation issued by a court of competent jurisdiction, shall be entitled to only one lot. [L 1967, c 307, §17; HRS §516-28; am L 1975, c 184, §2(11); am L 1987, c 337, §16; am L 1988, c 104, §2; am L 1997, c 350, §14; am L 2005, c 196, §26(b); am L 2006, c 38, §27 and c 180, §16]

Notes of Decisions

Cited in 2 cases, 1985–1996 · leading case: Hous. Fin. & Dev. Corp. v. Takabuki, 921 P.2d 92 (Haw. 1996).

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Hous. Fin. & Dev. Corp. v. Takabuki, 921 P.2d 92 (Haw. 1996). · cites it 14× “In addition, HRS § 516-28 (1993) provides in part that "[w]here necessary .”

Hawaii Hous. Auth. v. Lyman, 704 P.2d 888 (Haw. 1985). · cites it 2× “HRS§ 516-28 (1976). While the Act authorizes the issuance of general obligation bonds for purposes of acquisition, HRS § 516-45 (1976), to date this has not occurred.”

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