Hawaii HB571 amends condominium governance by limiting board member terms and barring certain individuals from serving.
Hawaii HB571 introduces changes to condominium governance, including term limits for board members and restrictions on who can serve. Board members can serve no more than two consecutive terms, with a mandatory break before returning. Additionally, tenants, resident managers, and employees of a condominium are barred from serving on its board. The bill also prohibits owners who are board members from being employees of the managing agent. These changes aim to reduce corruption and encourage active unit owner involvement.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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