Property Ownership
What is 'estoppel' in property law and how might it arise in Hawaii real estate?
AA. A method of preventing future property sales in a community
BB. A legal principle preventing a party from asserting a position inconsistent with their prior conduct if another party has relied on that conduct to their detriment✓ Correct
CC. A certificate required when assuming a commercial lease in Hawaii
DD. A type of deed restriction found in historic Hawaii documents
Explanation
Estoppel prevents a party from taking a contradictory position when another has relied on the original position to their detriment. In real estate: if a property owner allows someone to build on their land believing they will not enforce property rights, estoppel may prevent them from later asserting those rights.
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