(Download) "State Savings And Loan Association V. Kauaian Development Co." by Hawaii Supreme Court " eBook PDF Kindle ePub Free

August 06, 2021

eBook details

Title: State Savings And Loan Association V. Kauaian Development Co.
Author : Hawaii Supreme Court
Release Date : January 27, 1968
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 86 KB

Description

This is the first case to reach this court involving a condominium. The statute under which we decide this case is the Horizontal Property Regimes Act, S.L.H. 1961, Act 180, as amended by S.L.H. 1962, Act 9 (hereinafter "H.P.R.A." shall mean Act 180 as amended by Act 9).*fn1 The plaintiff, State Savings & Loan Association, brought this action to foreclose a mortgage given to it by Kauaian Development Co., Inc. (hereinafter "Corporation") to secure a construction loan. This appeal involves two distinct issues: State Savings' right to foreclose against the interests of purchasers of individual apartments and the right of persons claiming mechanic's and materialman's liens to foreclose against those interests.