Association fiscal matters; lease rent renegotiation
- Statute:
- Hawaii §514B-151 · Chapter CONDO (Hawaii Condominium Property Act (HRS Chapter 514B))
- Topic:
- Assessments · Fiscal
- Applies to:
- Condo associations
(a) Notwithstanding any provision in the declaration or bylaws, any lease or sublease of the real estate or of a unit, or of an undivided interest in the real estate to a unit owner, whenever any lease or sublease of the real estate, a unit, or an undivided interest in the real estate to a unit owner provides for the periodic renegotiation of lease rent thereunder, the association shall represent the unit owners in all.
📄 Read the official text at capitol.hawaii.gov →
How SoShiny helps with Association fiscal matters; lease rent renegotiation
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does Hawaii §514B-151 require?
- (a) Notwithstanding any provision in the declaration or bylaws, any lease or sublease of the real estate or of a unit, or of an undivided interest in the real estate to a unit owner, whenever any lease or sublease of the real estate, a unit, or an undivided interest in the real estate to a unit owner provides for the periodic renegotiation of lease rent thereunder, the association shall represent the unit owners in all.
- Who does Hawaii §514B-151 apply to?
- Hawaii §514B-151 applies to Condo associations in Hawaii.
- What happens if our condo doesn't comply with §514B-151?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for Hawaii community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of Hawaii §514B-151?
- The official text is published by the Hawaii State Legislature at capitol.hawaii.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Association fiscal matters; lease rent renegotiation?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of Hawaii §514B-151 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a Hawaii-licensed attorney. For the official statutory text, see the link above.
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