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State regulations limited when it comes to condos

By June Watanabe

POSTED: 01:30 a.m. HST, Oct 09, 2012

~~<p>Question: We live in a 300-unit condominium project. Six months ago a condo owner managed to take over the board. Many owners are concerned about secretive board meetings, approval of expenditures after the fact, edited minutes of board meetings, favoritism given some apartment owners, etc. Is there an agency or commission we can call upon that will be able to conduct an independent management audit to resolve several issues we have with our board of directors, or will concerned owners have to secure legal counsel to address the problems?</p>
<p>Answer: You can contact the state Department of Commerce and Consumer Affairs&rsquo; Real Estate Branch.</p>
~~

Question: We live in a 300-unit condominium project. Six months ago a condo owner managed to take over the board. Many owners are concerned about secretive board meetings, approval of expenditures after the fact, edited minutes of board meetings, favoritism given some apartment owners, etc. Is there an agency or commission we can call upon that will be able to conduct an independent management audit to resolve several issues we have with our board of directors, or will concerned owners have to secure legal counsel to address the problems?

Answer: You can contact the state Department of Commerce and Consumer Affairs’ Real Estate Branch. Login for more...



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