Haw. Code R. § 16-107-2

Current through March, 2024
Section 16-107-2 - Definitions

Definitions of terms found in section 514A-3, HRS, shall be adopted by reference. In addition, the following definitions shall be included:

"Apartment" means unit.

"Apartment owner" means unit owner.

"Administrative rules and regulations" means house rules.

"Certificate of occupancy" means and include the first certificate of occupancy or temporary certificate of occupancy issued for the structure or structures constructed on the project site.

"Determination", as used in section 514A-87(b), HRS shall include, but not be limited to, house rules.

"Disclosure abstract" means the abstract referred to in section 514A-61, HRS.

"First conveyance" means and includes the initial transfer of title or equitable title from developer by way of deed, lease, assignment of lease or agreement of sale.

"Material respect" as used in section 514A-63, HRS means:

(1) Any change in the use, size, construction materials or location of an apartment or any limited common element appurtenant thereto as determined by the commission;

(2) Any addition, deletion, or change in the common elements which affects their size, use or construction materials as determined by the commission; or

(3) Any change in the percentage of common interest, and any other change as determined by the commission.

"Offer for sale" means and includes any advertisement, inducement, solicitation of letters of intent to purchase, or any attempt of whatever nature to encourage any person to acquire any legal or equitable interest in any condominium unit. The method used in offering for sale shall include, but not be limited to, sales contracts, agreements of sales, reservation agreements, options to purchase, solicitation or acquiring of interested parties list whether general or specific, posting of signs indicating that the project is a condominium project, or giving of the selling agent's name or address or telephone number.

"Verified statement" means a sworn and notarized statement.

Haw. Code R. § 16-107-2

[Eff 6/12/81;] (Auth: HRS § 514A-45) (Imp: HRS § 514A-45)