ยง501-106 - Entry of new certificate.
ยง501-106ย Entry of new certificate.ย (a)ย
No new certificate of title shall be entered, and no memorandum shall be made
upon any certificate of title by the registrar or assistant registrar, except:
(1)ย In pursuance of any deed or other voluntary
instrument;
(2)ย Upon the recording of a certificate of merger
that merges two or more condominium projects as provided by section 514A-19 or
514B-46;
(3)ย Upon the recording of an amendment to a
declaration of condominium property regime which alters the percentage interest
of the respective apartment or unit owners in the common elements;
(4)ย In cases expressly provided for in this chapter;
or
(5)ย Upon the order of the court, for cause shown.
(b)ย The new certificate or memorandum shall be
binding upon the registered owner and upon all persons claiming under the
registered owner, in favor of every purchaser for value and in good faith;
provided that in all cases of registration procured by fraud the owner may
pursue all the owner's remedies against the parties to the fraud, without
prejudice however to the rights of any innocent holder for value of a
certificate of title; and provided further that after the transcription of the
decree of registration on the original application any subsequent registration
under this chapter procured by the presentation of a forged deed or other
instrument, shall be void. [L 1903, c 56, ยง55; RL 1925, ยง3244; RL 1935, ยง5054;
RL 1945, ยง12654; RL 1955, ยง342-55; HRS ยง501-106; am L 1972, c 91, ยง1(u); gen ch
1985; am L 1988, c 346, ยง8; am L 1993, c 18, ยง3; am L 2004, c 164, ยง18; am L
2008, c 28, ยง12]
Rules of Court
ย New certificate of title, see RLC rule 59.
Case Notes
ย Issuance of new certificate to reflect acquisition by
condemnation may be compelled.ย 31 H. 781, aff'd 61 F.2d 896.
ย Cited:ย 79 H. 56 (App.), 897 P.2d 983.ย