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HI SCR124
Concurrent Resolution
Status
4/18/2023
Primary Sponsor
Sharon Moriwaki
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AI Summary
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Urges the Real Estate Commission to develop policies and programs educating condominium association unit owners and board members on effective governance practices and open communication
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Requires education on governing documents, the obligations of unit owners and board members, and the relationship between regular assessments, reserves, capital improvements, and special assessments
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Directs the Commission to provide information on dispute resolution processes, including mediation and arbitration mechanics, and other matters related to efficient association administration
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Requests the Real Estate Commission use the Condominium Education Trust Fund (established under Hawaii Revised Statutes section 514B-71) to develop these educational policies and programs
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Requires certified copies of the resolution be transmitted to the Chair of the Real Estate Commission and the Director of Commerce and Consumer Affairs
Legislative Description
Urging The Real Estate Commission To Develop Policies And Programs To Inform And Educate Condominium Association Owners And Board Members Of Certain Matters To Promote The Efficient Administration Of Condominium Associations.
Condominiums
Last Action
Certified copies of resolutions sent.
5/22/2023