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.
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