This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Closing Date Prorations in Hawaii

Hawaii does not prorate property taxes at closing because taxes are paid in arrears and are the seller’s liability for the full tax year. Under Haw. Rev. Stat. § 246 and applicable county ordinances, property taxes are assessed annually and billed to the owner of record as of a fixed date, not apportioned between buyer and seller at escrow. This means the seller remains responsible for the entire year’s tax, and the buyer takes title with no tax reimbursement obligation. The sole verified figure is 0% for proration. The official source linked above explains the county-specific billing cycle. To estimate a specific closing scenario, use the DocketMath calculator.

Governing authority

In Hawaii, the closing date prorations rule is set by Haw. Rev. Stat. § 246; County ordinances. The verified packet cites Haw. Rev. Stat. § 246; County ordinances (https://realhawaii.co/blog/understanding-oahus-property-taxes).

Hawaii closing date prorations: the verified value is 0% under Haw. Rev. Stat. § 246; County ordinances. The verified packet cites Haw. Rev. Stat. § 246; County ordinances (https://realhawaii.co/blog/understanding-oahus-property-taxes).

Estimate your own result: every situation has exceptions that can change the outcome. Use the closing date prorations calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.