A Hawaii real estate power of attorney enables an agent to manage specific real estate matters within the state on behalf of the principal. Individuals can delegate powers related to their real property, including buying, selling, leasing, or managing real estate assets. When drafting the document, it’s essential to specify the agent’s authority, any limitations or conditions on their powers, and the duration of the arrangement.
Once both parties have signed in the presence of a notary public, the document becomes legally binding. It stays valid until its termination date or until either party revokes it in writing. If the principal designates the arrangement as “non-durable,” it will automatically terminate if the principal becomes incapacitated.
Legal Considerations
Statute: § 551E-34.
Signing Requirements: Notary public (§ 551E-3(b)).
