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HI SB2421
Bill
Status
7/10/2020
Primary Sponsor
Rosalyn Baker
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AI Summary
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Repeals the sunset date of Act 195, Session Laws of Hawaii 2018, making permanent the amendments to sections 514B-105, 514B-146, and 667-94 of the Hawaii Revised Statutes relating to condominium association foreclosures
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Codifies permanent rules clarifying that associations need not rescind or refile notices of default if a unit owner defaults on a payment plan to cure a nonjudicial foreclosure
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Makes permanent provisions specifying that association fines imposed while a payment plan is in effect shall not constitute a default under that plan
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Permanently establishes "pay first, dispute later" requirements that apply only to common expense assessments, allowing unit owners to request written statements and demand mediation on other contested charges before payment
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Takes effect retroactively to June 29, 2020
Legislative Description
Relating To Condominium Associations.
Condominiums
Last Action
Enrolled to Governor.
7/13/2020