Hawaii Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage

State:
Multi-State
Control #:
US-02785BG
Format:
Word; 
Rich Text
Instant download

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This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

There are no rights for redemption in Hawaii once the foreclosure is completed.

In a JUDICIAL FORECLOSURE, the Mortgagee files a lawsuit against you in order to obtain a court judgment that you owe the balance due under your loan and to obtain an order to sell the property. The initial legal document you will receive in the lawsuit is called the complaint.

Twenty years. No person shall commence an action to recover possession of any lands, or make any entry thereon, unless within twenty years after the right to bring the action first accrued. or enforce a promissory note from an action to foreclose a mortgage.

A deed in lieu of foreclosure is a contract between a lender and a borrower where the borrower transfers property to the lender. In turn, the lender waives the borrower's mortgage debt and does not pursue foreclosure.

Under Hawaii law, you may reinstate your loan (and stop the foreclosure) in a nonjudicial foreclosure by paying all past-due payments plus fees and costs up to three business days before the sale. (Haw. Rev. Stat.

(a) The mortgagee of real property or the record assignee of a mortgage interest shall provide to the mortgagor a release of mortgage upon full satisfaction of the mortgage and discharge of any secured debt.

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Hawaii Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage