STAND. COM. REP. NO. 2748

Honolulu, Hawaii

RE: S.B. No. 2600

Honorable Ronald D. Kouchi

President of the Senate

Thirty-Second State Legislature

Regular Session of 2024

State of Hawaii

Sir:

Your Committee on Commerce and Consumer Protection, to which was referred S.B. No. 2600 entitled:

"A BILL FOR AN ACT RELATING TO CONDOMINIUMS,"

begs leave to report as follows:

The purpose and intent of this measure is to authorize the use of electronic mail to deliver certain documents when purchasing a condominium.

Your Committee received testimony in support of this measure from the Hawaiʻi Association of REALTORS, Hawaii First Realty LLC, and four individuals.

Your Committee finds that when a person purchases a condominium unit, the associated condominium documents must be delivered to the purchaser by either personal delivery, registered or certified mail, facsimile transmission, or any other way prescribed by the Real Estate Commission. However, your Committee finds that, for many purchasers, electronic mail is a faster, more convenient, and less costly method of obtaining these documents as compared to receiving them in paper form. Your Committee further finds that delivery by electronic mail is especially helpful for residents who may be traveling or temporarily away from their physical mailing address. Therefore, this measure provides an environmentally-friendly and convenient way for purchasers to receive, keep, and access their condominium documents.

As affirmed by the record of votes of the members of your Committee on Commerce and Consumer Protection that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2600 and recommends that it pass Second Reading and be placed on the calendar for Third Reading.

Respectfully submitted on behalf of the members of the Committee on Commerce and Consumer Protection,

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JARRETT KEOHOKALOLE, Chair