Hawaii SB1206 allows associations in zoning districts permitting transient vacation rentals to assess impact fees on unit owners using their units.
Hawaii SB1206 amends the Hawaii Revised Statutes to allow the board of directors of associations in zoning districts that permit transient vacation rentals to assess impact fees on unit owners who use their units for such rentals. These fees can be used for maintenance and repair of common elements, enhanced security measures, administrative costs related to monitoring and regulating transient vacation rentals, and insurance costs.
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