Olohena Road, Unit 10A Kulana Condominium
CM 3902, Kapaa, HI 96746
TAX MAP KEY: (4) 4-3-011-001-0047

PROPERTY DESCRIPTION: The property is an undeveloped lot consisting of an area of 2.6950 acres (per County of Kauai property tax records). This unit is a Kulana Condominium.

OPEN HOUSES: Saturday June 8, 2024 and Sunday June 9, 2024 from 10am- 1pm

AUCTION DATE: Friday June 21, 2024,
at 12:00 noon,
AUCTION PLACE: Fifth Circuit Court Building (front steps) 3970 Ka`ana Street,
Lihue, Kauai, Hawaii 96766

TERMS OF SALE: There is no upset price. The property is being sold "AS IS", ‘WHERE IS", without warranties. Any prospective purchaser must make their own inquiry and use due diligence regarding every aspect of the property. The sale of the property will be at public auction to the highest bidder. The successful bidder must pay a minimum of ten percent (10%) of the highest bid in cash, money order, certified check or cashier’s check, payable to Lisa R. Arin, Commissioner, at the close of the auction. Potential bidders shall be required to provide proof of ability to comply with the minimum 10% bid requirement prior to participating in the auction. The property is being sold "AS IS", ‘WHERE IS", without warranties. Conveyance will be by Commissioner’s Deed. The balance of the purchase price is due upon conveyance of the property by the Commissioner, to be within thirty (30) days after confirmation of the sale by the Court. The purchaser shall pay all costs of closing, escrow (whether required by the Court or the purchaser), conveyancing, title insurance, recordation, and conveyance taxes. The purchaser shall be responsible for securing possession of the property upon conveyance by the Commissioner. The purchaser may be liable for any AOAO and HOA fees pursuant to HRS 514B-146, for the preceding 6 months. The property is subject to a Subdivision Fee, in the principal amount of $165,000.00, payable to the AOAO of Kulana according to its terms. The availability of title insurance and cost of securing possession of the property shall not be a condition to closing. At the discretion of the Court, the 10% down payment may be forfeited in full or in part if the purchaser shall fail to pay the balance of the purchase price as required, but in no event shall the purchaser be liable for damages greater than the forfeiture of the 10% down payment.
THE SALE IS SUBJECT TO FINAL COURT CONFIRMATION AND APPROVAL. ALL OF THE FOREGOING SHOULD BE INDEPENDENTLY CONFIRMED BY INTERESTED PARTIES.

For further information contact:
Lisa R. Arin, Commissioner
4370 Kukui Grove Street, Suite 112,
Lihue, Hawaii 96766
Phone: (808) 346-0144
E-mail: lisararin@outlook.com