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HI HB2239
Bill
Status
3/3/2022
Primary Sponsor
Scott Saiki
Click for details
AI Summary
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Increases the minimum percentage of residential units that must be offered to prospective owner-occupants during the initial 30-day sales period from 50% to 90%
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Applies the 90% owner-occupant requirement to Section 514B-95.5 (announcement/advertisement requirements), Section 514B-96 (developer designation of units), and Section 514B-98 (sales offering restrictions)
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Requires designated owner-occupant units to constitute a proportionate representation across factors including square footage, number of bedrooms/bathrooms, floor level, and lanai availability
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Maintains existing exception for conversion projects, allowing current occupants to purchase their units before the general owner-occupant offering period
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Effective date: July 1, 2050
Legislative Description
Relating To Condominiums.
Sale
Last Action
The committee on CPN deferred the measure.
3/29/2022