HAR §15-223-34
HAR §15-223-34. Sale of leasehold condominium unit
Length: 237 wordsOfficial source
Cite as Haw. Code R. § 15-223-34
(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
K L M
§15-223-46
(3)
By any other
reasonable
and fair
method
as
determined
by the
executive
director.
(b)
If
the
marketing
and sale
of the
condominium
units
is
conducted
by the
developer,
the
developer
shall
also
be required
to
comply
with
the
following:
(1)
Prior
to the
sale
of any of the
condominium
units,
the
developer
shall
submit
to
the
executive
director,
for
review
and approval,
copies
of the
sale
contracts
and
condominium
conveyance
documents
for
the
condominium
units;
(2)
Prior
to
the
sale
of any of the
condominium
units,
the
developer
shall
submit
to the
executive
director
a copy
of the
covenants,
conditions,
and restrictions,
if
any,
for
review
and approval;
(3)
The developer
shall
submit
to the
executive
director
a list
of all
purchasers
by
condominium
unit
number,
name,
date
of sale
contract,
date
of recordation,
tax
map key,
and property
address;
and
(4)
The Hawaii
community
development
authority
or the
developer
shall
comply
with
all
applicable
stAq~e2inzb2sederal
fair
housing
laws.
[Eff
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]
(Auth:
HRS
§§206E-292,
206E-283,
206E-284)
(Imp:
HRS
§§206E-283,
206E-284)
§§15-223-35
to
15-223-45
(Reserved).
SUBCHAPTER 4
RESALE OR TRANSFER OF LEASEHOLD CONDOMINIUM UNIT