HI SR130

Urges the Real Estate Commission to develop policies and programs educating condominium association unit owners and board members on effective governance practices, including open and frequent communication.

Directs educational focus on governing documents, their purpose, and how they guide condominium management.

Requires instruction on the obligations of unit owners and board members, and the relationship between regular assessments, reserves, capital improvements, and special assessments.

Calls for education on dispute resolution processes, including mediation and arbitration mechanics, and other matters related to efficient association administration.

Requests the Real Estate Commission use the Condominium Education Trust Fund to develop and implement these educational policies and programs.