Bill > SCR187

This concurrent resolution requests the Hawaii State Auditor to conduct a comprehensive audit of the Real Estate Commission's oversight of real estate management entities under Chapter 514B of Hawaii Revised Statutes, with the goal of improving the commission's effectiveness. The resolution highlights concerns about condominium governance, including issues with financial practices, transparency, and conflict resolution, and urges the Auditor to examine ten specific areas: the commission's oversight of management entities, use of unlicensed contractors, monitoring and investigative policies, adequacy of penalties, effectiveness of dispute resolution efforts, improper fine practices, collection fee practices, potential conflicts of interest in board appointments, recommendations for improving oversight, and the potential benefits of digital tools for enhancing transparency. The Auditor is requested to submit a detailed report with findings and potential legislative recommendations to the Legislature twenty days before the 2026 Regular Session, recognizing that condominiums represent a significant portion of Hawaii's housing supply and effective governance is crucial for protecting property values and resident interests.

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https://www.capitol.hawaii.gov/session/measure_indiv.aspx?billtype=SCR&billnumber=187&year=2025