Escrow & Title
In Hawaii, 'equitable title' is held by the buyer after signing a purchase contract because:
AA. The buyer has legal title but no right to live in the property
BB. The buyer has the right to acquire legal title upon fulfilling their obligations, giving them an equitable interest✓ Correct
CC. The buyer shares title equally with the seller until closing
DD. The buyer has no interest until the deed is recorded
Explanation
Once a valid purchase contract is signed, the buyer holds equitable title—the right to acquire full legal title upon performance. The seller retains legal title until the deed is transferred at closing.
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