Can a Board Increase My Maintenance Fees?
Yes. The board must notify owners in writing of any maintenance fee increases at least thirty days prior to any increase. HRS, § 514B-144(h). However, HRS § 514B-148(e) states that except in emergency situations, or with the approval of a majority of the unit owners , a board may not exceed its total adopted annual operating budget by more than twenty per cent during the fiscal year to which the budget applies. HRS § 514B-148(h) defines “emergency situation”. If a dispute arises with regard to a maintenance fee increase, you may resolve it through mediation or arbitration, or by consulting with a private attorney.