Condo owners

Condo Unit Owners Can Benefit from Green Energy Initiatives

A series of bills were created in 2024 largely aimed at providing modest financial relief to condominium communities and owners. Included is a way for condo owners to save some green through renewable energy. Background According to 2022 U.S. Census data, total condominium units in the state of Hawaii aggregate over 200,000, providing approximately 36% of all housing units in Hawaii. However, unlike owners of single-family dwellings, condo owners do not own their rooftops, and up until now, have [...]

Insurance Questions Condo Owners Should Ask Their Agent

An HO6 policy, also known as condo insurance in Hawaii, is a type of homeowners insurance policy that covers condo unit owners. It can cover damage to your condo unit and belongings, liability claims, and additional living expenses if you can't stay in your residence due to a covered incident. Know the questions to ask about your condo homeowners insurance policy coverage so you don’t get left holding the bag for uncovered damages. Don’t assume something is fully covered It is important to ask y [...]

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