2015 Hawaii Revised Statutes
TITLE 28. PROPERTY
501. Land Court Registration
501-116 Mortgage registration necessary.

HI Rev Stat § 501-116 (2015) What's This?

Cross References

Registered land, see §506-6.

Special mortgage recording fee, see §431P-16.

§501-116 Mortgage registration necessary. The owner of any interest in registered land may mortgage the interest by executing a mortgage thereof. Such a mortgage may be assigned, extended, discharged, released in whole or in part, or otherwise dealt with by the mortgagee by any form of instrument sufficient in law for the purpose. Except as provided in part II, the mortgage, and all instruments assigning, extending, discharging, and otherwise dealing with the mortgage, shall be registered and shall take effect upon the title of the mortgaged property only from the time of registration. [L 1903, c 56, §60; RL 1925, §3249; RL 1935, §5059; RL 1945, §12659; RL 1955, §342-60; am L 1963, c 83, §9; am L 1966, c 18, §8; HRS §501-116; am L 1970, c 15, §1; am L 2009, c 120, §9]

Case Notes

Validity of mortgage, jurisdiction of land court to determine upon petition to cancel memorandum of the mortgage under §501-196. 32 H. 680.

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