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Hawaii Real Estate

Out of State Licensee (OSL) Participation in deals:  ​
Physical Location State

- An out-of-state licensee cannot perform any work within Hawaii.
- An out-of-state licensee may receive a commission from a Hawaii licensee so long as the out-of-state licensee performs no functions physically within the state.
- A commission lawsuit can be brought so long as it is lawful.

License Types

Real Estate Salesperson
​Real Estate Broker

Exam/Edu Provider

PSI Services

Waivers

Education Waiver (OSL Education)
​Experience Waiver (OSL License)
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Reciprocity

Any*
* Termed "Equivalency" in Hawaii, Hawaii offers a license to an out-of-state licensee if the applicant passes the State portion of the Hawii Real Estate Exam

Specific to Hawaii

- 
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Reverse Reciprocity

​These states specifically mention Hawaii in their Reciprocity: 
​
None

These States recognize any other State licenses but may have additional requirements: 
​Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Kentucky, Maine, Nebraska, North Carolina, Rhode Island, South Dakota, Tennesee, Vermont, Washington

Links

Hawaii "Equivalency" Page
Department of Commerce and Consumer Affairs - Real Estate Branch

Customs

By law, only attorneys may prepare property transfer documents.
Title and escrow companies handle escrows and escrow instructions.
Conveyance of property is by warranty deed; conveyance of leasehold property, which is common throughout the state, is by assignment of lease. Condominiums are everywhere in Hawaii and may be fee simple or leasehold. Sales of some properties, whether fee simple or leasehold, are by agreement of sale. Mortgages are the security instruments.
Title companies issue ALTA owner’s and lender’s policies and make numerous endorsements available.
Buyers and sellers split escrow fees. Sellers pay the title search costs and the conveyance tax. Buyers pay title insurance premiums for the owner’s and lender’s policies. 

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to accuracy of the information displayed. Nothing on this website is meant to be legal advice, any references to licensing or legal matters are the opinion of the website owner based on individual research and nothing more.  User must do independent evaluation of the material presented.  References to licensing and sources may be dated. User shall verify the information and bears all risk for any inaccuracies.