HRS §514B-134
Management contracts before the association is formed
This section covers who must follow certain rules and what must be in a management contract. It applies to developers, their affiliates, and managing agents who run the property before the owners' association is set up. It requires a written contract and gives unit owners the right to see and get a copy.
developershomeownerslandlords
The statute, as written — ] Management and contracts; developer, managing agent, and association
(a) Any developer or affiliate of the developer or a managing agent, who manages the operation of the property from the date of recordation of the first unit conveyance until the organization of the association, shall comply with the requirements of sections 514B‑72, 514B‑103, and 514B‑149. (b) The developer or affiliate of the developer, board, and managing agent shall ensure that there is a written contract for managing the operation of the property, expressing the agreements of all parties including, but not limited to, financial and accounting obligations, services provided, and any compensation arrangements, including any subsequent amendments. Copies of the executed contract and any amendments shall be provided to all parties to the contract. Prior to the organization of the association, any unit owner may request to inspect as well as receive a copy of the management contract from the entity that manages the operation of the property.
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