Haw. Code R. § 16-99-150 - Conduct

Current through February, 2022

(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.

(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.

Notes

Haw. Code R. § 16-99-150

[Eff and comp 2/25/91; am and comp 5/21/01] (Auth: HRS §§ 467-4, 467-30) (Imp: HRS § 467-30) Am and Comp 12/19/2016