HAR §15-223-33

HAR §15-223-33. Application intake list

Last amended: 2025Length: 672 wordsOfficial source

Cite as Haw. Code R. § 15-223-33

(a) During the initial offering period of thirty calendar days, the Hawaii community development authority or the developer shall compile an application intake list consisting of the names, email and mail addresses, and phone numbers of all individuals stating a desire to purchase a condominium unit contained in the project. (b) The application intake list shall be compiled in the order in which applicants have submitted to the Hawaii community development authority or the developer an acknowledgment that the applicant meets the eligible buyer requirements in section 15-223-18. 223-9 3 6 0 3 §15-223-33 (c) Any individual who makes any false statement in the acknowledgment shall be subject to criminal charges and civil action under the laws of the State. Any individual found to have willfully submitted false information, made misstatements, or withheld important information shall be deemed to be ineligible for the project and disqualified from purchase of condominium units in any future projects, provided that the Hawaii community development authority shall not waive its right to pursue any other recourse provided by law. (d) If the marketing and sale of the condominium units is conducted by the developer, the developer shall submit the application intake list, any applications, and any applicants' acknowledgments to the Hawaii community development authority within ten days of the expiration of the initial thirty day offering period. Within thirty days of the expiration of the initial thirty day offering period, the developer shall verify that applicants meet the eligible buyer requirements in section 15-223-18 and submit a list of eligible buyers and eligibility verification documentation to the executive director for review and approval. (e) If the marketing and sale of the condominium units is conducted by the developer, within thirty days after the close of project sales, the developer shall submit to the Hawaii community development authority a summary of which individuals on the eligible buyer list purchased a condominium unit, which did not purchase a condominium unit, and the applicant's reason for not purchasing a unit if~ reason was provided by the applicant. [Eff AUG i 4 2025 ] (Auth: HRS §§206E-292, 206E-283, 206E-284) (Imp: HRS §§206E-283, 206E-284) §15-223-34 Sale of leasehold condominium unit. (a) The Hawaii community development authority or the developer shall offer the condominium units to eligible buyers on the application intake list by one of the following methods: (1) In the order in which their names appear on the list; (2) By the drawing of lots; or 223-10 §15-223-33 (c) Any individual who makes any false statement in the acknowledgment shall be subject to criminal charges and civil action under the laws of the State. Any individual found to have willfully submitted false information, made misstatements, or withheld important information shall be deemed to be ineligible for the project and disqualified from purchase of condominium units in any future projects, provided that the Hawaii community development authority shall not waive its right to pursue any other recourse provided by law. (d) If the marketing and sale of the condominium units is conducted by the developer, the developer shall submit the application intake list, any applications, and any applicants' acknowledgments to the Hawaii community development authority within ten days of the expiration of the initial thirty day offering period. Within thirty days of the expiration of the initial thirty day offering period, the developer shall verify that applicants meet the eligible buyer requirements in section 15-223-18 and submit a list of eligible buyers and eligibility verification documentation to the executive director for review and approval. (e) If the marketing and sale of the condominium units is conducted by the developer, within thirty days after the close of project sales, the developer shall submit to the Hawaii community development authority a summary of which individuals on the eligible buyer list purchased a condominium unit, which did not purchase a condominium unit, and the applicant's reason for not purchasing a unit if N reason was provided by the applicant. [Eff AUG 2 4 2025 ] (Auth: HRS §§206E-292, 206E-283, 206E-284) (Imp: HRS §§206E-283, 206E-284)