
Ocean views sell the fantasy. Parking sells the Tuesday morning.
In Hawaii’s urban luxury condominium market, two of the least glamorous lines in a brochure — parking and storage — quietly do more work on value than almost anything else a listing photograph can show. And before any of it gets advertised, there is one question worth answering properly: what does the owner actually own?
In this short segment, Principal Broker Jason Wong (PB), MBA breaks down how parking and storage rights are structured in a Hawaii condominium, and the four very different legal forms they can take.
What’s covered
- Why the condominium map matters — under HRS §514B-33, where parking exists in the regime, the map must show the parking plan including location, layout and stall numbers
- The four structures: part of the unit
· a limited common element appurtenant to the unit
· a common element assigned for exclusive use
· another recorded project arrangement - HRS §514B-39 — a designated limited common element is subject to the exclusive use of the owner(s) of the unit(s) to which it is appurtenant, subject to the declaration and bylaws
- HRS §514B-40 — limited common elements may be transferred or exchanged between units, except as the declaration provides, recorded as an amendment, and potentially subject to mortgagee or lessor consent
- The questions a broker should ask before the stalls are ever advertised: side by side or tandem? full size or compact? near the elevator? actually enterable? is the storage private and secured? does it transfer with the unit?
Two updates since this segment was recorded
① EV charging is stronger than “subject to building rules.” Under HRS §196-7.5, an association cannot prohibit the installation of an EV charging system on or near a stall you own — it may adopt only reasonable restrictions, it may not charge a fee for placement, and where the stall is a common or limited common element, consent must be given if you agree to the design specification, a licensed contractor, and a certificate of insurance naming the association.
② Getting the documents just got easier. Act 161 (SLH 2025) requires associations to provide electronic copies of governing documents to an owner or the owner’s authorized agent at no cost on request.
Buying, selling or investing across Oʻahu, Maui, Hawaiʻi Island, Kauaʻi, Molokaʻi or Lānaʻi? I review declarations, condominium maps and title information as a matter of course — for local owners and for clients purchasing from Hong Kong, Tokyo, Seoul, Taipei, Shanghai and the mainland. Consultations are by appointment, virtually or in person.
🌐 https://jasonwong.us 🌐 https://islanddragonfly.com
Jason Wong (PB), MBA — President & Principal Broker · License #RB-22819 Island Dragonfly, LLC · License #RB-24348 · Residential & Commercial 2022 Global Centurion No. 1 Top Producer — Island of Oʻahu
General real estate commentary only — not legal, title, appraisal, tax or investment advice. Parking and storage rights are project-specific and must be verified against the condominium declaration, condominium map, title documents, governing documents, the association, and your escrow, title and legal professionals.
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