STAND. COM. REP. NO. 774

Honolulu, Hawaii

, 2005

RE: S.B. No. 1132

S.D. 2

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Ways and Means, to which was referred S.B. No. 1132, S.D. 1, entitled:

"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"

begs leave to report as follows:

The purpose of this measure is to complete the recodification of the law on condominium property regimes.

Your Committee finds that Act 164, Session Laws of Hawaii 2004, recodified condominium laws relating to condominium management, governance, operations, and dispute resolution. This measure will complete the recodification of the condominium laws by amending condominium laws relating to:

(1) The creation, alteration, and termination of condominiums;

(2) The registration and administration of condominiums; and

(3) The protection of condominium purchasers.

Your Committee finds that this measure, together with Act 164, will update, clarify, and clearly and uniformly organize the condominium property regimes law.

Your Committee has amended this measure by making technical nonsubstantive changes for clarity and consistency.

As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 1132, S.D. 1, as amended herein, and recommends that it pass Third Reading in the form attached hereto as S.B. No. 1132, S.D. 2.

Respectfully submitted on behalf of the members of the Committee on Ways and Means,

____________________________

BRIAN T. TANIGUCHI, Chair