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 \Ul:J ] (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