When buying a property in a planned community in Hawaii, what must the seller disclosure statement include?

In the context of purchasing property in a planned community in Hawaii, the seller disclosure statement must include comprehensive information to ensure that potential buyers are fully aware of any regulations and obligations associated with living in that community. This encompasses both the planned community declaration and the association documents.

The planned community declaration outlines the framework of the community's governance, detailing the restrictions, covenants, and responsibilities that apply to all homeowners. This foundational document establishes the rights and obligations of both the homeowners and the homeowners' association (HOA).

The association documents provide insights about the operational aspects of the HOA, including rules, financial details, meeting minutes, and assessments that homeowners need to be aware of. This information is vital for buyers to understand the community's management and their potential financial responsibilities.

Including both the planned community declaration and the association documents in the seller disclosure statement ensures that buyers are fully informed about the characteristics and rules of living in the planned community. This transparency helps protect buyers from unwelcome surprises after their purchase and promotes informed decision-making.