HRS §273-9
How to set a price when buyer and seller disagree
If a person has the right to buy land first and cannot agree with the corporation on the price, the price will be decided by arbitration. The arbitrators decide who pays the cost of the arbitration.
buyers
The statute, as written — Arbitration of price
If any person entitled to such preemption desires to purchase the lands, and the person and the corporation do not agree to the price thereof, then the price shall be ascertained by arbitration. The cost of the arbitration shall be in the discretion of the arbitrators.
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