Concerning the Hawaii Real Estate Recovery Fund, which of the following will the injured party be required to show?

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In the context of the Hawaii Real Estate Recovery Fund, the injured party must demonstrate that they have taken all reasonable steps to collect the judgment. This requirement is in place to ensure that individuals seeking compensation from the Recovery Fund have made a genuine effort to pursue their legal rights and recover any losses through traditional legal means before seeking relief from the Fund. It emphasizes accountability and encourages potential claimants to actively seek redress rather than immediately relying on state funds.

The other options do not accurately reflect the criteria for eligibility for claiming from the Recovery Fund. For instance, being the spouse of the debtor does not impact the eligibility for the Recovery Fund. Similarly, the occurrence of the cause of action within a specific timeframe, while relevant for other legal claims, is not a requisite factor for accessing the Fund. Lastly, the injured party is required to have obtained a judgment against the debtor, as this shows that a court has recognized the legitimacy of the claim before they can approach the Recovery Fund.

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