HI HCR24

Requests the State Auditor to conduct a sunrise analysis of condominium association managers as proposed in H.B. No. 1312, Regular Session of 2025, which would establish a regulatory certification framework under the Real Estate Commission.

Cites that as of 2021, Hawaii has approximately 1,826 condominium associations representing 173,036 units serving about 360,000 residents.

Notes that condominium association managers currently must be licensed real estate brokers or authorized trust companies and maintain fidelity bonds of $20,000 to $500,000, but have no requirement to possess knowledge of condominium association laws and rules.

References reports of condominium association managers stifling board members' ability to manage properties and address resident concerns.

Requires the Auditor to submit findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the 2026 Regular Session convenes.