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HI SB2421

Bill

Status

Enrolled

7/10/2020

Primary Sponsor

Rosalyn Baker

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • 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

  • 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

  • Makes permanent provisions specifying that association fines imposed while a payment plan is in effect shall not constitute a default under that plan

  • 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

  • Takes effect retroactively to June 29, 2020

Legislative Description

Relating To Condominium Associations.

Condominiums

Last Action

Enrolled to Governor.

7/13/2020

Committee Referrals

Finance5/11/2020
Consumer Protection & Commerce3/9/2020
Judiciary2/13/2020
Commerce, Consumer Protection, and Health1/23/2020

Full Bill Text

No bill text available