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Senate committee moves to tighten condominium oversight; managing‑agent rules deferred for review
Summary
Lawmakers pressed condominium-related reforms on insurance and Real Estate Commission membership after testimony about deferred maintenance and ambiguity in the term “managing agent.” The committee passed a commission‑composition bill and deferred a managing‑agent notification bill for further drafting.
The Senate Committee on Commerce and Consumer Protection on Feb. 14 advanced changes aimed at improving oversight of condominium buildings, including passage of a measure to add design professionals to the Real Estate Commission and further review of a bill that would require managing agents to notify unit owners and the commission when associations fail to meet reserve or budget reporting requirements.
The move followed lengthy testimony and questions about deferred maintenance, insurance market pressures and uncertainty over who counts as a condominium “managing agent.” The committee passed SB 1212, which will add at least two architect-or-engineer seats to the Real Estate Commission and expand the commission to 11 members, and postponed decision on SB 1046 so staff and stakeholders can clarify definitions and administrative burdens.
Why it matters: Hawaii has seen rising insurance and repair costs for vertical…
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