Hawaii’s Insurance Crisis as Premiums Nearly Quadruple

Sue Savio, president and owner of Insurance Associates and former president of the Hawaii Independent Insurance Agents Association, told Insurance Business America that insurance costs for condominiums have risen by 100 percent to 1,000 percent in certain areas.  Cj Paet, vice president of operations for Cadmus Properties, told local news website KITV 4 Island News […]

Bill advances to give condo owners a new way to buy into rooftop solar (HI)

Condo owners may have a new pathway to access benefits from rooftop solar.  The Hawai?i Senate is considering a bill to create a Solar Hui Program, allowing multi-family property owners to pay into a collective investment fund that would go towards energy projects and loans.   Read the article…………………………….

Judge orders luxury Kaua?i vacation condo project to pause construction (HI)

Construction on a luxury vacation condominium project on Kaua?i’s south shore is now on hold.  Last week, a judge ordered a 10-day work stoppage for the Kauanoe O K?loa project, a 279-unit development that has received backlash from members of the Native Hawaiian community.    Read the article…………………………….

House Speaker Saiki warns looming condo insurance crisis could snowball (HI)

Condo owners are facing soaring insurance premiums as companies across the country cancel coverage due to growing risks from climate change. That was the topic of a recent town hall meeting on O?ahu hosted by state lawmakers whose districts largely comprise condo dwellers.   Read the article…………………………….

Catastrophes are driving up condo insurance rates in Hawaii and nationwide

A ripple effect across the country is showing up in the condo fees for nearly 200,000 Hawaii residents, and experts say catastrophes are driving up their insurance rates.  Rising insurance premiums have a direct impact on the fees paid by owners to condo associations.  So far, there’s no easy solution.   Read the article…………………………….

Regulation driving high cost of new condos in Hawai?i, according to UHERO report

Regulatory costs account for more than half (58%) of the price of a new condo in Hawai?i and are the major contributing factor to the highest housing costs in the country, according to a new report by the University of Hawai?i Economic Research Organization (UHERO) released on March 4.   Read the article…………………………….

Condo insurance woes strike Hawaii

As Hawaii’s Governor wages war on Maui short term rental unit investors, there’s an insurance sting in the tail for condo owners and would-be buyers across the state as it wrestles with property insurance challenges.  Insurance costs for condo complexes have skyrocketed by anything from 100% to 1,000% since the devastating August wildfires,    Read the […]

Amend Hawaii Condominium Laws On Proxy Board Voting (Op/Ed)

In the current legislative session, House Bill 2067 was amended and proposes to “Remove [s] from the standard condominium proxy form the option of giving a proxy vote to the board of directors of a condominium association as a whole or to directors present at the meeting. Requires a disclosure statement on the standard condominium […]

Proposed condo acquisition on Kauai stirs controversy (HI)

The Department of Hawaiian Home Lands (DHHL) is considering purchasing the Courtyards at Waipouli for what would be the first-ever condo purchase on Kauai to help alleviate a nearly 30,000 beneficiary waitlist. Read the article…………………………….

HUD Charges Hawaii Condominium Association, Management Company, Condominium Unit Owners, and Real Estate Agent with Disability Discrimination

The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging individuals and entities associated with a Kailua-Kona, Hawaii, condominium complex, including the condominium association, employees of the condominium association, the property management company, an employee of the property management company, the condominium unit’s owners, and the owners’ real estate broker […]

Condo Tower Fire Is Reminder Of Lack Of Sprinklers In Older Buildings (HI)

There were no sprinklers when a fire broke out Thursday, shooting flames and black smoke from the 14th floor of a condo tower in Ala Moana, but the residents knew what to do.  Recently installed fire alarms and a public address system called on them to evacuate, and so they did.    Read the article………………………….

From maintenance fee increases to fire sprinklers, what’s new with condos (HI)

Attorney and President of the Council of Association of Apartment Owners Jane Sugimura joins producer/host Coralie Chun Matayoshi to discuss rights and responsibilities of condominium owners, proxy voting, legal fees charged to owners, maintenance costs and special assessments, and compliance with the City & County of Honolulu’s fire safety ordinance.   Read the Q&A……………………………….

(Hawaii) Real Estate Commission to Conduct Free, Virtual, “Condomania” Education Event

The Real Estate Commission, together with Community Associations Institute Hawai?i Chapter will conduct a free “Condorama XI” event via webinar, on Saturday, November 18, 2023. The event runs from 9:00 a.m. to 11:00 a.m. and will feature four speakers recognized in the condominium community for their expertise in Hawai?i condominium law.   Read the announcement……………………………..

Homeowners’ association sues to stop tiny home builder in Lahaina (HI)

Alfy Basurto already lost his businesses — and home — in the Lahaina fires.  And now he’s facing a lawsuit “at a time when all of us need to contribute to the solution,” trying to stop him from building more than a dozen tiny homes in a gated community above Lahaina.   Read the article………………………………

Lahaina condos could trigger broader insurance woes (HI)

At least one condo project burned to the ground in the Lahaina fire. There are likely others damaged or destroyed, but although I’ve seen references to condos, I haven’t found a list identifying those with significant damage.  Rebuilding of condominiums is a trickier affair than rebuilding a single family residence.   Read the article………………………..

Councilman postpones measure allowing county to maintain eligible private roads (HI)

At a Tuesday meeting of the council’s Policy Committee on Health, Safety and Well-being, Puna Councilman Matt Kaneali‘i-Kleinfelder proposed a measure that would allow the county to perform maintenance on certain qualifying “private, nondedicated and nonsurrendered roads” in order to ensure continued access to parts of the island in the event of an emergency.   Read […]

Condos aren’t unique in limiting powers of individual board members (HI)

Civil Beat’s continuing coverage of condominium governance issues is important, but I’m afraid the latest story gives far too much credence to a conspiratorial view of property management companies and condo boards (“Oahu Condo Board Members Feel ‘Muzzled’ By Management Companies“).   Read the article………………………..

A popular Hawaii resort has lost its beach

A high seawall is all that separates the ocean from the Kahana Sunset’s beachfront condominium complex in Hawaii. Located in West Maui, the popular vacation rental resort has been battling erosion and sea level rise for decades, and some residents think it’s time for the condo association to stop fighting it.   Read the article………………………..

Oahu homeowner’s options after $50 chalk drawing fine (HI)

A Nanakuli resident is facing a $50 fine for drawing with chalk due to the house rules of her homeowner’s association.  Heather Bedley said her children made a chalk drawing on a fence on Monday, July 3 and left it up until Tuesday, July 11 when she received a violation.   Read the article………………………..

Is The Deck Stacked Against Hawaii Condo Owners?

The Hawaii Department of Commerce and Consumer Affairs billed its “Condorama,” held in late April, as an educational program for the public.  “Brought to you by the DCCA Real Estate Commission to empower owners about your rights,” a flyer mailed to residents said.  But critics say a basic aspect of Condorama runs counter to the […]

Hilo Company May Get $20 Million To Rehab Banyan Drive Condo Complex (HI)

A dilapidated condominium complex on state land along Hilo’s Banyan Drive may be in line for a $20 million makeover.  The Hawaii Board of Land and Natural Resources is expected to decide on Friday whether to award a contract to Hilo-based Banyan Drive Management to renovate the Country Club Condominium complex, a 152-unit property.    Read […]

Bill Might Require Training for Volunteers Who Serve on Condo Boards (HI)

A condominium association’s board of directors is responsible for making decisions for a community of condo owners, whether their building or complex has four units or 400. The board’s fiduciary duty to the association ranges from setting maintenance fees to spending on major repairs that can run into millions of dollars.   Read the article………………………..