Real Estate Overview/Services

A description of REB’s mission with links to key services

Towards carrying out its charge, the Real Estate Commission
specifically amongst other powers and duties:

In the real estate licensing arena

  • Grants licenses to real estate brokers and salespersons;
  • Makes specific rules to regulate the professional conduct of brokers
    and salespersons;
  • Suspends or revokes licenses;
  • Issues certificates of registration to prelicense, real estate schools
    and continuing education providers; certify
    prelicense instructors;
  • Fines licensees for violations of the license law and rules;
  • Registers condominium hotel operators;
  • Administers the real estate recovery fund and real estate education
    fund;
  • Provides educational information via the quarterly Real Estate
    Commission Bulletin,
    School Files and continuous website updates;
  • Facilitates the development of examinations for broker and salesperson
    applicants;
  • Monitors the activities of real estate schools, providers and
    instructors; publishing and disseminating reports; and administers
    real estate recovery fund notices through contracted attorneys;
  • Enters into contract or contracts with qualified person(s) to assist
    the Commission in carrying out the purpose of Chapter 467, HRS;
  • Publishes and distributes pamphlets and circulars, produce seminars and
    workshops, hold meetings in all counties, and require other education and
    information to further the purpose of Chapter 467, HRS; and
  • Through the Regulated Industries Complaints Office, enforces Chapter
    467, HRS.

In the condominium arena

  • Registers condominium projects prior to the time when apartments in the
    project are being offered for sale in this State in accordance with HRS Chapter 514B “Condominium Property Regimes” and ;
  • Issues effective dates for the developer’s preliminary, contingent
    final, final or supplementary public reports that are to be issued to
    consumers in accordance with HRS Chapter 514A and 514B;
  • Registers associations of apartment owners with six (6) or more
    units;
  • Employs condominium specialists to assist consumers with information,
    advice, and referral about matters relating to HRS Chapter 514B, and
    condominium property regimes;
  • Administers the condominium education fund for educational
    purposes.  These purposes include: education and research in the field
    of condominium management, registration and real estate for the benefit of
    the public and those required to be registered pursuant to the Condominium
    Property Act; improvement and more efficient administration of condominium
    associations; and expeditious and inexpensive procedures for resolving
    condominium association disputes;
  • Publishes and distributes pamphlets and circulars, produce seminars and
    workshops, hold meetings in all counties, and require other education and
    information to further the purpose of HRS Chapter 514B;
  • Provides educational information via the quarterly Hawaii
    Condominium Bulletin
    and continuous website updates;
  • Adopts, amends, or repeals rules to implement HRS Chapter 514B;
    and
  • Administers condominium governance mediation programs through contracted vendors.