What percentage of common interest agreement is required to remove a project from the CPR?

Prepare for the Hawaii Real Estate State Exam. Study with comprehensive quizzes featuring flashcards, practice questions, and detailed explanations. Enhance your exam readiness!

To remove a project from a Condominium Property Regime (CPR) in Hawaii, it is necessary to obtain the approval of 80% of the interest in the common elements. This high threshold is designed to ensure that a significant majority of owners agree to the decision, reflecting the importance of maintaining consensus among community members in a shared ownership arrangement.

This requirement underscores the need for a strong majority to make such a substantial change, which is protective of individual owners’ interests and the overall integrity of the property. It helps prevent a minority from being able to unilaterally alter the framework under which the community functions, thereby securing the rights and investments of all owners involved. Additionally, the requirement for an 80% approval makes it more challenging to dissolve or alter the CPR structure, emphasizing the commitment involved in creating a common interest community.

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