HI HB571

Adds definitions for "condominium hotel" (apartments/units in a project providing transient lodging for less than 30 days) and "hotel" (structure primarily providing transient lodging for less than 30 days with customary hotel services) to Hawaii condominium law.

Requires developers converting hotels to condominium hotels to disclose in their public report the total general excise taxes (chapter 237) and transient accommodations taxes (chapter 237D) remitted annually during the three years prior to conversion.

Requires condominium hotel operators to file an annual report with the real estate commission by December 1 each year, including monthly occupancy status by tax map key, unit classification (apartment, hotel/resort, time share, or commercial), and total employees.

Mandates developers of residential condominium conversions provide condition reports prepared by licensed architects/engineers, statements on useful life of structural and mechanical components, and lists of uncured building code violations with estimated cure costs.

Effective upon approval.