Hawaii SB2301 clarifies condominium association record-keeping obligations regarding resale of units.

Hawaii SB2301 amends existing law to clarify that condominium associations and managing agents are not required to create new documents or forms for private sales transactions. Instead, associations must maintain records that enable compliance with requests for information and disclosures related to resale of units. The bill specifies that associations are not obligated to provide documents that do not already exist or to complete forms for facilitating specific resale transactions.

Hawaii SB2301 clarifies condominium association record-keeping obligations regarding resale of units.

Hawaii SB2301 amends existing law to clarify that condominium associations and managing agents are not required to create new documents or forms for private sales transactions. Instead, associations must maintain records that enable compliance with requests for information and disclosures related to resale of units. The bill specifies that associations are not obligated to provide documents that do not already exist or to complete forms for facilitating specific resale transactions.