HAR §16-99-150. Conduct

(a) The condominium hotel operator shall ensure that the terms and conditions agreed upon between the apartment or unit owner and the condominium hotel operator for operating a condominium hotel are in writing, and that a copy is given to each apartment or unit owner. The terms and conditions shall include but are not limited to financial obligations, responsibilities, and duties of the condominium hotel operator. (b) The condominium hotel operator shall not accept any compensation, commission, rebate, or profit on any expenditure for or from an apartment or unit owner, without the apartment or unit owner's knowledge and written consent. §16-99-150 99-67 (c) The condominium hotel operator shall provide a monthly written accounting of the apartment or unit owner's funds or a periodic written accounting based on the contractual agreement. (d) The condominium hotel operator and its employees shall not violate any provisions of chapter 514A, HRS, 514B, HRS, or the rules adopted pursuant thereto, and where the condominium hotel operator or its employees possess a real estate license, the licensees shall also not violate any provisions of chapter 467, HRS, and the rules relating thereto. [Eff and comp 2/25/91; am and comp 5/21/01; am and comp 12/19/16] (Auth: HRS §§467-4, 467-30) (Imp: HRS §467-30) 99-69 Amendments to and compilation of chapter 16-99, Hawaii Administrative Rules, on the Summary Page dated March 25, 2015, were adopted on February 27, 2015, following a public hearing held on February 13, 2015, after public notices were given in the Honolulu Star Advertiser, The Garden Island, West Hawaii Today, Maui News, and Hawaii Tribune-Herald on January 14, 2015. These rules shall take effect ten days after filing with the Office of the Lieutenant Governor. /s/ Nikki T. Senter NIKKI T. SENTER, Chair Real Estate Commission APPROVED AS TO FROM : Date 11/1/16 /s/ Shari Wong Deputy Attorney General APPROVED: Date 11/21/16 /s/ Catherine P. Awakuni Colón CATHERINE P. AWAKUNI COLÓN, Director Commerce and Consumer Affairs APPROVED: Date 12/9/16 /s/ David Y. Ige DAVID Y. IGE Governor of Hawaii 12/9/16 Filed DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS Amendment and Compilation of Chapter 16-99 Hawaii Administrative Rules February 27, 2015 Summary 1.