STAND. COM. REP. NO. 389
Honolulu, Hawaii
, 2007
RE: H.B. No. 1626
Honorable Calvin K.Y. Say
Speaker, House of Representatives
Twenty-Fourth State Legislature
Regular Session of 2007
State of Hawaii
Sir:
Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 1626 entitled:
"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"
begs leave to report as follows:
The purpose of this bill is to assist condominium associations in collecting delinquent maintenance fees by making permanent the law allowing condominium associations to assess delinquent maintenance fees against a person who, in a foreclosure proceeding, purchases an apartment to which the fees are attached.
The Real Estate Commission, Hawaii Legislative Action Committee of the Community Associations Institute, Outrigger Hotels Hawaii, Hawaii Council of Associations of Apartment Owners, Hawaii Independent Condominium and Cooperative Owners, Poipu Kapili AOAO, Kahala at Poipu Kai AOAO, Nihi Kai Villas AOAO, Sunset Kahili AOAO, Makanui AOAO, Manualoha AOAO, Regency AOAO, Poipu Sands AOAO, and numerous concerned individuals testified in support of this bill. The Hawaii Bankers Association submitted comments.
Your Committee finds that section 514B-146(g), Hawaii Revised Statutes, includes a temporary provision allowing a condominium association to recover up to $1,800 of the last six months of delinquent maintenance fees from the purchaser of a delinquent apartment in a foreclosure sale, or subsequent purchaser. This bill removes the provision's sunset date of December 31, 2007.
As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 1626 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.
Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,
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____________________________ ROBERT N. HERKES, Chair |
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