PART II. 
CONDEMNATION OF DEVELOPMENT TRACT



 



§516-21  Applicability.  This part
applies to development tracts which are, at the time of acquisition of leased
fee interests in residential lots within such tracts by the Hawaii housing
finance and development corporation as [provided] herein:



(1)  Developed and subdivided into residential
houselots occupied by lessees under leases executed before June 24, 1967;



(2)  Developed and subdivided or partially developed
into residential houselots occupied or to be occupied by lessees under leases
executed after June 24, 1967, provided that ten or more years remain before the
final termination of the lease term, and provided further that ninety per cent
of the leases to the lots have been executed. [L 1967, c 307, §10; HRS §516-21;
am L 1975, c 184, §2(5); am L 1987, c 337, §16; am L 1988, c 104, §2; am L
1997, c 350, §14; am L 2005, c 196, §26(b); am L 2006, c 180, §16]



 



Law Journals and Reviews



 



  For discussion of an approach to concentration of land
ownership, see The Antitrust Laws and Land:  An Answer to Hawaii's Housing
Crisis?  8 HBJ 5.