Real Estate Commission Meeting

Date:

Friday, 10/25/2024

Start Time:

09:30 AM

Place:

Conference Room C, State Office Building, 75 Aupuni Street, 1st Floor, Hilo, HI 96720

Agenda

 

REAL ESTATE COMMISSION MEETING

Professional and Vocational Licensing Division

Department of Commerce and Consumer Affairs

State of Hawaii

www.hawaii.gov/hirec 

AGENDA (AMENDED)

Date:               Friday, October 25, 2024

Time:               9:30 a.m.

Place:              Conference Room C

                        State Office Building

                        75 Aupuni Street, First Floor

                        Hilo, Hawaii

Amended Agenda: Posted on the State electronic calendar as required by HRS section 92-7(b).

If you wish to submit written testimony on any agenda item, please email your testimony to hirec@dcca.hawaii.gov or by hard copy mail to: Attn: Real Estate Commission, 335 Merchant Street, Room 333, Honolulu, HI 96813. We request submission of testimony at least 24 hours prior to the meeting to ensure that it can be distributed to the Board members.

The Commission may move into Executive Session to consider and evaluate personal information relating to individuals applying for licensure in accordance with Section 92-5(a)(1), HRS, and/or to consult with the Commission’s attorney on questions and issues pertaining to the Commission’s powers, duties, privileges, immunities, and liabilities in accordance with Section 92-5(a)(4), HRS.

1.         Call to Order, Public Notice, Quorum

2.         Chair’s Report

3.         Executive Officer’s Report

a.              Announcements

The Commission shall afford all interested persons an opportunity to submit data, views, or arguments, in writing, on any agenda item and shall provide all interested parties an opportunity to present oral testimony on any agenda item subject to the conditions set forth in Section 16-99-83, HAR.  The Commission may remove any person or persons, who willfully disrupt a meeting to prevent and compromise the conduct of the meeting in accordance with Section 92-3, HRS.

b.         Introductions, Correspondence and Additional Distributions

c.         Minutes of Previous Meeting – September 27, 2024

d.         Certificate of Appreciation

4.         Committees and Program of Work

 

a.            Laws & Rules Review Committee

 

1)         Budget and Finance Report – Real Estate Recovery Fund, June 30, 2024

b.            Condominium Review Committee

1)         Program of Work, FY 25, Condominium Laws and Education

a)         Executive and Legislative Condo and Property Insurance Task Force request for draft legislation regarding the use of borrowing from condominium association reserves for operating expenses

 

2)         Budget and Finance Report – Condominium Education Trust Fund, June 30, 2024

3)         Condominium Education Outreach – Condorama XIII, November 9, 2024

 

c.             Education Review Committee

1)         Budget and Finance Report – Real Estate Education Fund, June 30, 2024

2)         Continuing Education Administration, Curriculum, Courses, Provider, and Instructors

a)         Administrative Issues – Continuing Education Providers and Courses Ratification List

b)         Course – “Introduction to Mortgage Lending”; Author/Owner – Laura Merrifield; Provider – Poha School of Real Estate; Course Categories – Finance; Clock Hours – 3

c)         Course – “Understanding CAP Rates”; Author/Owner – Kynan Pang; Provider – Poha School of Real Estate; Course Categories – Investment; Finance; Clock Hours – 3

3)         Program of Work – Ad Hoc Committee on Education (ACE) Agenda and Report – September 4, 2024

4)         Administration of Examinations

a)         Licensing Examination Statistics 9/1/24 – 9/30/24

b)         School Pass/Fail Rates 9/1/24 – 9/30/24

c)         School Summary by Test Category 9/1/24 – 9/30/24  

5.         Licensing and Registration – Ratification (see attached)

6.         Licensing – Applications

            a.         Tylene M. Lopian 

7.         Next Meeting:  Friday, November 22, 2024, 9:00 a.m.

Queen Liliuokalani Conference Room

King Kalakaua Building

335 Merchant Street, First Floor

Honolulu, Hawaii

8.         Adjournment 

 

If you need an auxiliary aid/service or other accommodation due to a disability, contact Miles Ino, Executive Officer, at (808) 586-2643 or at hirec@dcca.hawaii.gov, as soon as possible, preferably within two (2) business days of the meeting.  If a response is received after that date, we will try to obtain the auxiliary aid/service or accommodation, but we cannot guarantee that the request will be fulfilled.  Upon request, this notice is available in alternate formats such as large print, Braille, or electronic copy.