Escrow & Title
What is 'Hawaii recording fee' and how is it calculated?
AA. A flat $50 fee for recording any document in Hawaii
BB. Recording fees at the Bureau of Conveyances are charged per document or per page, varying by document type; fees are paid at recording to create the public record✓ Correct
CC. Recording fees are included in all title insurance policies at no additional charge
DD. Hawaii recording fees are based on a percentage of the transaction amount
Explanation
Hawaii's Bureau of Conveyances and Land Court charge fees for recording documents. Fees vary by document type and number of pages.
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Key Terms to Know
Title Insurance
Insurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
Discount PointsPrepaid interest paid to a lender at closing to reduce the mortgage interest rate, with each point equal to 1% of the loan amount.
State-Specific Concepts
Recording Requirements
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