HRS §53-10
Getting property appraised before selling
Read the official text at capitol.hawaii.gov ↗After a redevelopment plan is approved, the agency must hire one to three appraisers to value its property based on the plan's future use. These appraisals are just a guide, not a required price, and become public records after the sale.
developersstate agencies
The statute, as written — Appraisal of lands of agency
A copy, taken August 20, 2026. The version published by the Legislature is the one that governs, and it may have changed since. Check it before relying on anything here.
At any time after the approval of the redevelopment plan and before disposing of any of its lands or properties, the redevelopment agency shall appoint one or more, but not more than three competent persons to make independent appraisals of the value of its property, based upon the future use of the area under the redevelopment plan. The appraisals shall serve only as a guide for the agency in determining a fair price for the disposal of its land and property but need not be adhered to in making the disposal, and shall become a public record and subject to examination by any interested person after the disposal.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.