HAR §16-119.6-2. App1icabi1ity of chapter

(a) This chapter applies to all condominiums created within this State. (b) Notwithstanding section 514B-lOl(b), HRS, which states that a project's declaration or bylaws may specifically provide that part VI of chapter 514B, HRS, not apply to nonresidential unit usage and projects not subject to any continuing development rights containing no more than five units, the developer at minimum shall include some provisions in the declaration providing for replacement reserves, funding, and the calculation of replacement reserves and funding. The included provisions may be different than what is required by this chapter and chapter 514B, HRS, or the provisions may be the same. [Eff MAR 26 2026 ] (Auth: HRS §514B-61) (Imp: HRS §§514B-23, 514B-lOl(b), 514B-148)