STAND. COM. REP. NO.  1566-16

Honolulu, Hawaii

                , 2016

RE:   H.C.R. No. 152

      H.D. 1

Honorable Joseph M. Souki

Speaker, House of Representatives

Twenty-Eighth State Legislature

Regular Session of 2016

State of Hawaii

Sir:

     Your Committee on Finance, to which was referred H.C.R. No. 152, H.D. 1, entitled:

"HOUSE CONCURRENT RESOLUTION REQUESTING THE REAL ESTATE COMMISSION TO STUDY THE EFFECTIVENESS OF ITS EXISTING DISPUTE RESOLUTION PROCESS AND CONSUMER ASSISTANCE PROGRAM FOR CONDOMINIUM OWNERS AND ASSOCIATIONS, AND POSSIBLE EXPANSION OF THESE SERVICES TO OTHER TYPES OF HOMEOWNERS ASSOCIATIONS,"

begs leave to report as follows:

The purpose of this measure is to request the Real Estate Commission to study the effectiveness of its existing dispute resolution process and consumer assistance program for condominium owners and associations, and possible expansion of these services to other types of homeowners associations.

Your Committee received testimony from the Hawaii Real Estate Commission in opposition to this measure.

     As affirmed by the record of votes of the members of your Committee on Finance that is attached to this report, your Committee concurs with the intent and purpose of H.C.R. No. 152, H.D. 1, and recommends its adoption.

Respectfully submitted on behalf of the members of the Committee on Finance,

____________________________

SYLVIA LUKE, Chair