HB1927 HD2 SD1 was signed by the Govenor on Tuesday April 20th, this bill modifies the owner builder portion of the contractors law starting July 1, 2010. Owner builders who need to sell their house prior to one year from completion can apply to the contractors board for a hardship exemption. Additionally any permits for improvements for a building permit value for $10,000 or less will be exempted and not trigger the restriction on being able to sell within one year of completion. Lastly the current law has no definition of completion, this bill provides a definition of completion as the date the permit is finaled. Mahalo to Robert G Williams, R for being the driving force behind creating the bill, Representitive Robert Herkes for drafting, sponsoring, and shepherding the bill through legislature. Additionally mahalo Hawaii Association of REALTORS and Hawaii Island Board of REALTORS
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