Page 15 - Home Buyers and Sellers Guide - Hawaii
P. 15
AVOID ESCROW PITFALLS
Will any of these situations affect your transaction?
• Are your principals exchanging this property?
• Will your principals be using a power of attorney?
• Are any of the parties on title deceased?
• Has there been a change of marital status?
• Do any of the parties signing NOT have a photo ID or driver’s license?
• Will there be a new entity formed (e.g. partnership or corporation)?
• Have any of the principals recently filed for bankruptcy?
• Are the sellers of this property not residents of the State of Hawaii?
• Are any of the principals minors?
If you answered “yes” to any of these questions, please contact your Escrow Officer.
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