What are the laws for condominiums in Hawaii?

Haw. Rev. Stat. § 421J-2 (Definitions). Hawaii Condominium Property Act, Haw. Rev. Stat. § 514B-1, et seq. The Act applies to all condominiums in Hawaii and provides a framework for, condominium formation, management, powers, operation, common expenses, voting rights, administration, and purchaser protection.

When did Hawaii condominium law chapter 514b take effect?

1. Since many condominiums have now incorporated, the nonprofit corporation law, Chapter 414D Hawaii Revised Statutes, may affect certain sections of the condominium law (Chapter 414D is found elsewhere in this book and took effect 1 July 2002, superseding the former nonprofit corporation law, Chapter 415B).

What do you need to know about Hawaii Hoa laws?

The Act applies to all condominiums in Hawaii and provides a framework for, condominium formation, management, powers, operation, common expenses, voting rights, administration, and purchaser protection. See Haw. Rev. Stat. §514B-21 (Applicability), and § 514B-3 (Definitions).

How is property held in the state of Hawaii?

Real property is one of the assets that triggers probate (even if the person who passed away has a will). There are three common ways to hold property jointly between two people in the State of Hawaii: joint tenants (with rights of survivorship), tenants by the entirety, or tenants in common.

Who is the managing agent of a Hawaii condominium?

Contact list of condominium projects, their association contact person and managing agent (if any). The information at this PDF is provided by the State of Hawaii Department of Commerce and Consumer Affairs (DCCA) as a public service and is intended to be used solely as reference material.

How to get featured on Hawaii State Condo Guide?

SELLERS Your listings will be highlighted as Featured Properties on our high ranking Condominium Guide’s pages as well as the Honolulu MLS and assorted other major online services that are part of our marketing network. Contact Marty now for maximum exposure to buyers already interested in your building.

Is the Condominium Act the same as the Hoa?

A state’s “Condominium Act” will often include some language nearly identical to the HOA law. However, condo laws are almost always more comprehensive and detailed. In most cases, a condominium’s rules and regulations address more topics – and the association plays a more active role – than in a comparable HOA.

Who is the lobbyist for Hawaii condo association?

Richard Emery, a longtime lobbyist who works at the Dallas-based global property management firm Associa, says the large assessments and maintenance fee increases that many condo associations levy are inevitable.

How much do condo owners have to pay in Hawaii?

As Honolulu condos age, many boards of directors faced with the need for expensive repairs are asking unit owners to pay large assessments or higher monthly fees. State law says condo associations aren’t supposed to exceed their annual operating budget by more than 20 percent in a year.

Can a condo association exceed its annual budget?

State law says condo associations aren’t supposed to exceed their annual operating budget by more than 20 percent in a year. But there’s an exception if the condo board notifies unit owners of an emergency increase or gets permission from more than half of them.

Can a condo owner Sue a condo board?

Because condos are self-regulated, it’s up to owners to file a lawsuit or pay for state-subsidized voluntary mediation services if they feel that a board has broken the law. But lawsuits are expensive and mediation doesn’t always work.

How are condos taxed in Waikiki Hawaii?

As of 2017, all condos within the ‘resort mixed use’ zone (‘resort’ if not in Waikiki), are automatically classified as ‘Hotel & Resort’ and taxed at the higher ‘Hotel & Resort’ property tax rate, whether you rent your unit as a TVU or not. Except, you may petition and ‘dedicate your condo for residential use.’

Where does the Hawaii condominium Bulletin get its funding?

The Hawaii Condominium Bulletin is funded by the Con- dominium Education Trust Fund, Real Estate Commission, Professional and Vocational Licensing Division, Department of Commerce and Consumer Affairs, State of Hawaii. Letter from the Chair . . . Ask the Condominium Specialist Happy New Year!

Are there any problems with condos in Hawaii?

Kahala Towers is another condo where owners were faced with a large assessment for repairs. Cory Lum/Civil Beat “It’s a fairly common problem in Hawaii right now with these older buildings that were built in the ’70s,” he said, noting in the last three years he’s seen increases in repairs for wastewater, water and electrical systems.

How can I find a lawyer in Hawaii?

Hawaii State Legislature – Search your state representative and the legislation (or, “statutory law”) database. Hawaii State Bar Association – The association provides public access to a lawyer directory, lawyer referral service, and free or low-cost legal services.

Is the law the same for all condominiums?

Of course, condominiums are not all the same, and the legal framework governing condominiums varies from state to state. In general, though, there are a few important principles every condo owner or prospective purchaser should keep in mind.