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HomeMy WebLinkAboutCOM 0403.001 2000-2002 JNt Y C6 h,~ O - S ~~`I=`%-~~ Lincoln S.T. Ashida Harry Kim i' Mayer Cnrnnrufinn Caun.re( (Uerald Takase , r,T f o€ N~ ~ Ac.rictunr Cnrporalion Cuunse! C~~~xn#~ .~t~~t't OFFICE OF TIIE CORPORATION COUNSEL 101 Aupuni Street. Suite 325 • Hilo, Hawaii 96720-4262 • (808) 961-8251 • FAX (808) 961-8622 November 7, 2001 Honorable James Arakaki, Chairman and Members ` ~ Hawaii County Council 25 Aupuni Street . _ R.,~~ Hilo Hawaii 96720 Dear Chairman Arakaki and Council Members: , RE: Dedication Deed -First Hawaiian Bank, Trustee Tax Map Key (3) 2-2-035:091(por.} This is in response to Councilman Curtis Tyler's questions regarding the referenced Dedication Deed being in quitclaim instead of warranty form. As Mr. William Brilhante testified, the trustee is not in a position to give the usual title warranties. As one legal reference states: A trustee cannot be required to make any covenant in his deed, except one against encumbrances arising from his own act, unless he has agreed to do so in the contract of sale. The purchaser must be content with a quitclaim deed, with this exception, unless he has contracted for warranties or covenants. Any covenant or warranty which the trustee makes in the deed will bind him personally and render him liable in damages . Bogert, Trusts and Trustees, Section 745. The Hawaii Conveyance Manual, Page 4K-10, recognizes these principles as well. This office's policy has been to require title insurance covering the County in such cases. Mr. Brilhante has agreed to obtain such title insurance covering the County for this property, which he represents has clear title. His own activity in building a new warehouse on the property also testifies to the quality of the title. + ]flat. ~ Honorable James Arakaki, Chairman and Members November 6, 2001 Page 2 Title insurance appears to be the County's best protection in cases such as this. By copy of this letter to Mr. Brilhante we formally request that he obtain title insurance warranting the title to the subject property and covering the County's interests. We will inform the Council when we have obtained proof of said title insurance, and will provide the Council with a copy of the Dedication Deed approved as to form and legality. Thank you. Sincerely, IVAN M. TO GOE Deputy Corporation Counsel IMT:fc cc: Mr. William Brilhante via facsimile s:lded\fhblltr to council re FHB-Brilhante Title Ins 11-OlIMTfc