Page 5 - Foreign Investor Guide - Hawaii
P. 5
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 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.