Conversion to judicial foreclosure; residential property; conditions

HRS §667-53 — under Foreclosures.

HRS §667-53

§667-53 Conversion to judicial foreclosure; residential property; conditions. (a) An owner-occupant of a residential property that is subject to nonjudicial foreclosure under part II may convert the action to a judicial foreclosure provided that:

(b) This section shall not apply to foreclosures of association liens that arise under a declaration filed pursuant to chapter 421J or 514B or any predecessor to chapter 514B.

(c) This section shall not apply to a foreclosure for which the mortgagor has elected to participate in the mortgage foreclosure dispute resolution program pursuant to part V.

(d) The judiciary may create and adopt a form for a conversion petition. [L 2011, c 48, pt of §5, §45(4); am L 2012, c 182, §§27, 49; am L 2017, c 181, §42]