Part I.  General Provisions


    516-1 Definitions

    516-2 Applicability

    516-3 No estoppel or waiver

    516-4 Trusts and estates

    516-5 Penalty

    516-6 Administration of chapter

    516-7 Corporation's duties, generally

    516-8 Interested members, officers, or employees

    516-9 Quitclaim deeds


        Part II.  Condemnation of Development Tract

   516-21 Applicability

   516-22 Designation of leased fee interest in all or part of

          development tract for acquisition

   516-23 Exercise of power of eminent domain

   516-24 Compensation

 516-24.5 Exchanges

   516-25 Interest acquired

   516-26 Interest in compensation paid by the corporation

   516-27 Compulsory or involuntary conversion

   516-28 Disposition, generally

   516-29 Notice of disposition

   516-30 Purchase of leased fee interest

   516-31 Disposition by lease

   516-32 Not for profit

   516-33 Qualification for purchase

 516-33.5 Deposits by lessees

   516-34 Mortgages, agreements of sale, other instruments

   516-35 Restrictions on sale and use of residential lots

 516-35.1 Foreclosure and sale by mortgagees

   516-36 to 39 Repealed

   516-40 Bonds as legal investments

   516-41 Exemption from taxation and assessments

   516-42 Investment of reserves

   516-43 Security for funds deposited

   516-44 Repealed

   516-45 General obligation bonds

   516-51 Preliminary negotiation required

   516-52 to 55 Repealed

   516-56 Eminent domain trial


        Part III.  Rights of Lessees

   516-61 Applicability

   516-62 Discrimination

   516-63 Free assignability

   516-64 Forfeiture

   516-65 Extension

   516-66 Lease rental

   516-67 Zoning changes

   516-68 Rights to self-organization; remedies

   516-69 Sale of fee by lessor

   516-70 Reversion of improvements

   516-71 Residential lease; disclosure

   516-72 Civil penalty

   516-73 Suggested form of standardized summary of lease



        Part IV.  Judicial Declaration

   516-81 Repealed

   516-82 Severability

   516-83 Legislative findings and declaration of necessity;



        Part V.  Fee Title Acquisition Loan Program

   516-91 Definitions

   516-95 Rules; eligible loans

  516-101 Revenue bonds; authorization

  516-102 Revenue bonds; payment and security

  516-103 Revenue bonds; interest rate, price, and sale

  516-104 Revenue bonds; investment of proceeds and redemption

  516-107 Trustee; designation, duties

  516-108 Trust indenture

  516-111 Revenue bonds; special funds

  516-121 Acquisition loan programs; procedures and requirements

  516-122 Acquisition loan programs; general powers

  516-123 Acquisition loan programs; self supporting

  516-124 Acquisition loan programs; fees

  516-125 Acquisition loan programs; evidence of eligible loan

  516-131 Loans to lenders program

  516-132 Loan to lenders program; collateral security

  516-141 Purchase of existing loans program

  516-151 Advance commitments program

  516-161 Eligible loan funding program

  516-171 Loans; service and custody

  516-172 Loans; sale, pledge, or assignment

  516-173 Loans; insurance and guarantees

  516-174 Loans; default

  516-181 Interest acquired

  516-182 Restrictions on sale and use of residential lots

          acquired from proceeds of eligible loan

  516-186 Construction


        Part VI.  Sustainable Affordable Developments

                  or Leases

  516-201 Exemption for sustainable affordable developments

  516-202 Certification

  516-203 Recordkeeping

  516-204 University of Hawaii at Manoa


Law Journals and Reviews


  Extending Land Reform to Leasehold Condominiums in Hawai`i.  14 UH L. Rev. 681 (1992).

  The Constitutionality of a Naked Transfer:  Mandatory Lease-to-Fee Conversion's Failure To Satisfy a Requisite Public Purpose in Hawai`i Condominiums.  25 UH L. Rev. 561 (2003).

  The Moon Court, Land Use, and Property:  A Survey of Hawai`i Case Law 1993-2010.  33 UH L. Rev. 635 (2011).


Case Notes


  Chapter did not preempt ordinance relating to residential condominium leasehold conversion.  76 H. 46, 868 P.2d 1193 (1994).

  Chapter only authorizes housing finance and development corporation to institute single condemnation proceeding of a specifically designated portion of a development tract and does not allow that proceeding to be judicially divided into multiple condemnations of individual lots.  82 H. 172, 921 P.2d 92 (1996).



  Chapter did not violate "public use" requirement of Fifth Amendment to U.S. Constitution.  467 U.S. 229 (1984).

  Given system of landholding in Hawaii, legislature could, under police power, conclude that general welfare was served by condemning land of large landholder-lessors and allow lessees to purchase land from State.  483 F. Supp. 62 (1978).

  Legislature's determinations of what land is subject to condemnation and who is entitled to repurchase from State are not arbitrary or capricious.  483 F. Supp. 62 (1978).

  Condemnation of leased fee interests in residential houselots continued to satisfy "public use" prerequisite of Fifth Amendment to U.S. Constitution and article I, §20 of Hawaii constitution.  79 H. 64, 898 P.2d 576 (1995).