What is the conveyance tax on a $1,850,000 inherited condominium in Hawaii?

In Hawaii, the conveyance tax is generally applicable to the transfer of real property, including sales and conveyances, but it does not apply to property that is inherited. When a property is received as an inheritance, it is considered a transfer by descent and is exempt from conveyance tax.

Because the scenario involves an inherited condominium, the correct determination is that there is no conveyance tax owed on the transaction. Therefore, the amount of $0 is the accurate answer. This understanding is essential for anyone navigating real estate transactions in Hawaii, especially when it comes to transfers due to inheritance, as it highlights the tax advantages that can be present under such circumstances.