Haw. Code R. § 15-309-12 - Unit offering
(a) The developer
will offer units to the qualified purchaser by one of the following means:
(1) In the order in which the names appear on
the list of qualified purchasers provided by the corporation pursuant to
section 15-309-10;
(2) By the drawing of lots; or
(3) By any other reasonable and fair method
as determined by the developer and approved by the corporation.
(b) Qualified purchasers may
select a unit within their prequalified loan amount, including the
corporation's equity.
Notes
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