← Back to search

HRS §508D-6

Buyer can cancel contract for wrong disclosure before closing

If a buyer gets a disclosure statement that leaves out an important fact or has a wrong statement that seriously hurts the property's value, and the buyer didn't know about it, the buyer can cancel the purchase contract in writing. The buyer must cancel within 15 days of finding out or getting a corrected statement, but only before the sale is recorded.

buyershomebuyers

The statute, as written — Later discovered inaccurate information

Prior to closing the real estate purchase contract, a buyer who receives a disclosure statement that fails to disclose a material fact or contains an inaccurate assertion that directly, substantially, and adversely affects the value of the residential real property, and who was not aware of the foregoing failure or inaccuracy, may elect in writing to rescind the real estate purchase contract within fifteen calendar days of the earlier to occur of: (1) The discovery of the failure or inaccuracy; or (2) The receipt of an amended disclosure statement correcting the failure or inaccuracy, in the manner provided by section 508D-5(b) or (c). The buyer's right to rescind the real estate purchase contract under this section shall not apply if the sale of the residential real property has been recorded; provided that the buyer may pursue all additional remedies provided by law.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

Sections this one refers to

§508D-5 When the seller must give the disclosure form and buyer's right to cancel

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.