§514A-102  Announcement or advertisement;
publication.  At least once in each of two successive weeks, and at any
time following the issuance of an effective date of the first public report for
the condominium project, the developer shall cause to be published in at least
one newspaper published daily in the State with a general circulation in the
county in which the project is to be located, and, if the project is located
other than on the island of Oahu, in at least one newspaper that is published
at least weekly in the county in which the project is to be located, an
announcement or advertisement containing at least the following information:



(1)  The location of the project;



(2)  The minimum price of the residential apartments;



(3)  A designation as to whether the residential
apartments are to be sold in fee simple or leasehold;



(4)  A statement that for a thirty-day period
following the initial date of sale of the condominium project, at least fifty
per cent of the residential apartments being marketed shall be offered only to
prospective owner-occupants;



(5)  The name, telephone number, and address of the
developer or other real estate broker designated by the developer that an
interested individual may contact to secure an owner-occupant affidavit, public
report, and any other information concerning the project; and



(6)  If applicable, a statement that the residential
apartments will be offered to prospective purchasers through a public lottery.
[L 1980, c 189, pt of §2; am L 1982, c 79, §1; am L 1985, c 164, §§1, 5; am L
1986, c 295, §8; am L 1990, c 283, §3; am L 1992, c 50, pt of §2; am L 1997, c
135, §13; am L 2000, c 210, §3]