Relating To Professional And Vocational Licensing.
This legislation mandates that starting from July 1, 2025, it will be unlawful for any person to serve as an association manager without obtaining the necessary license. This requirement is intended to increase accountability among property managers and enhance the understanding of long-term financial obligations associated with managing these associations. It is projected to improve safety for residents and guests by standardizing maintenance obligations and ensuring that managers have the requisite knowledge and expertise.
House Bill 298 aims to establish licensing and regulation requirements for managers of homeowners' associations, planned community associations, cooperative housing corporations, and condominium unit owners' associations in Hawaii. The bill addresses pressing concerns regarding the management of these properties amid increasing demands for structural maintenance due to climate change. With approximately 36% of the state's population living in such properties, the bill responds to the need for professional management to ensure safety and proper maintenance practices.
The bill also establishes an Association Manager Licensing Board, tasked with granting licenses, overseeing compliance, and enforcing standards. Notable points of contention may arise around the implications of enforcing licensing, particularly concerning existing managers who may lack formal qualifications. Questions about potential impacts on the cost of management services and the operational effectiveness of associations might be raised by stakeholders within the community.