Hawaii Revised Statutes 514B-65 – Investigative powers
Terms Used In Hawaii Revised Statutes 514B-65
- Commission: means the real estate commission of the State. See Hawaii Revised Statutes 514B-3
- Developer: means a person who undertakes to develop a real estate condominium project, including a person who succeeds to the interest of the developer by acquiring a controlling interest in the developer or in the project. See Hawaii Revised Statutes 514B-3
- Managing agent: means any person retained, as an independent contractor, for the purpose of managing the operation of the property. See Hawaii Revised Statutes 514B-3
- Person: means an individual, firm, corporation, partnership, association, trust, or other legal entity, or any combination thereof. See Hawaii Revised Statutes 514B-3
If the commission has reason to believe that any person is violating or has violated this part, part V, section 514B-103, 514B-132, developer, managing agent, and association” class=”unlinked-ref” datatype=”S” sessionyear=”2022″ statecd=”HI”>514B-134, 514B-149, sections 514B-152 to 514B-154, section 514B-154.5, or the rules of the commission adopted pursuant thereto, the commission may conduct an investigation of the matter and examine the books, accounts, contracts, records, and files of all relevant parties. For purposes of this examination, the developer and the real estate broker shall keep and maintain records of all sales transactions and of the funds received by the developer and the real estate broker in accordance with chapter 467 and the rules of the commission, and shall make the records accessible to the commission upon reasonable notice and demand.