HAR §15-308-126

HAR §15-308-126. Proof of occupancy

Last amended: 2022Length: 312 wordsOfficial source

Cite as Haw. Code R. § 15-308-126

A waiver may be granted only to qualified residents who have paid resident state income taxes during all years in which they occupied the dwelling unit. The owner shall continue to pay resident state income taxes during the waiver period. The owner shall submit signed Hawaii state income tax returns for each year of the temporary waiver period. [Eff 1/15/22; comp 1 Q ] (Auth: HRS §§201H-4, 201H-49) (Imp: HRS §20 9) §15-308-127 Extension of the owner occupancy requirement. The corporation may extend the owner occupancy requirement by one month for every month or fraction thereof that the owner occupancy requirement of section 201H-49, HRS is temporarily waived. [Eff 1/15/22; comp 102022] (Auth: HRS §§201H- 4, 201H-49) (Imp: HRS §201H-49) §15-308-128 Recovery of administrative expenses and attorneys' fees. The corporation may recover all relevant administrative expenses and attorneys' fees 308-49 q I comp ( Imp : DEC 1 0 2022 1 (Auth : HRS §201H- 4 9 ) HRS §S2 01H- 4 , 2 01H- 4 9 ) §15-308-125 Allowable uses of the dwelling unit during the temporary waiver period . During the temporary waiver period, the dwelling unit may be rented or leased, provided that the owner complies with all applicable laws . The amount of monthly rent that may be charged by the owner shall not exceed ( 1 ) the corporation ' s affordable rent guidelines or ( 2 ) the owner ' s monthly mortgage payments for principal , interest, taxes, and applicable payments for mortgage insurance , homeowner association fees , maintenance fees , and lease rent ; whichever is greater . The applicant shall submit to the corporation a signed rental agreement . Subletting is not allowed . [Eff 1 / 15/2 2 ; comp DEC 1 ) 2022 1 (Auth : HRS SS20 1H- 4 , 201H-49) ( Imp : HRS §201H- 4 9 )