THE SENATE                           S.C.R. NO.            88
TWENTIETH LEGISLATURE, 1999                                
STATE OF HAWAII                                            
                                                             
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                    SENATE  CONCURRENT
                        RESOLUTION

  REQUESTING THE REAL ESTATE COMMISSION TO STUDY THE PROBLEMS
    ASSOCIATED WITH THE CONDOMINIUM PROPERTY REGIME LAW. 


 1        WHEREAS, the creation and administration of Condominium
 2   Property Regimes are governed by Chapter 514A, Hawaii Revised
 3   Statutes; and
 4   
 5        WHEREAS, the Condominium Property Regime law refers to a
 6   specific form of ownership and governing process created when
 7   real property becomes a condominium; and
 8   
 9        WHEREAS, the Hawaii Real Estate Commission is charged with
10   the duties related to the administration of the Condominium
11   Property Regime law, specifically, the registration and
12   issuance of an effective date of a developer's prepared public
13   report; and
14   
15        WHEREAS, the Hawaii Real Estate Commission is additionally
16   responsible for the administration of the condominium
17   management education fund, which funds the education of those
18   required to be registered pursuant to the Condominium Property
19   Regime law on the requirements of the Condominium Property
20   Regime law; and
21   
22        WHEREAS, the Hawaii Real Estate Commission receives
23   approximately twelve thousand letters each year from people who
24   request clarification on the Condominium Property Regime law;
25   and
26   
27        WHEREAS, the Hawaii Real Estate Commission expends a great
28   deal of time and effort in responding to these inquiries, and
29   answering questions on the Condominium Property Regime; and
30   
31        WHEREAS, the recodification of the Condominium Property
32   Regime law, chapter 514A, Hawaii Revised Statutes, would allow
33   for the clarification of the daily operations and the
34   responsibilities of the parties involved, thus making the
35   application of the Condominium Property Regime law easier and
36   more understandable to owners and developers; now, therefore,
37   

 
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                                  S.C.R. NO.            88
                                                        
                                                        


 1        BE IT RESOLVED by the Senate of the Twentieth Legislature
 2   of the State of Hawaii, Regular Session of 1999, the House of
 3   Representatives concurring, that the Hawaii Real Estate
 4   Commission is requested to identify any problematic areas of
 5   the existing Condominium Property Regime law, study its
 6   ambiguities and deficiencies, and determine possible statutory
 7   amendments which may alleviate the problems; and
 8   
 9        BE IT FURTHER RESOLVED that the Hawaii Real Estate
10   Commission is requested to submit a report on its findings and
11   proposed legislation to the Legislature twenty days prior to
12   the convening of the Regular Session of 2000; and
13   
14        BE IT FURTHER RESOLVED that a certified copy of this
15   Concurrent Resolution be transmitted to the Hawaii Real Estate
16   Commission.
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20                         OFFERED BY:  ____________________________