Residential condominium projects built in a county zoned or designated hotel and resort areas shall be exempt from the provisions of Part VI, Sales to Owner-Occupants, of chapter 514A, HRS. Residential condominium projects situated in Waikiki shall not be exempt from the provisions of Part VI, Sales to Owner-Occupants, of chapter 514A, HRS.
Haw. Code R. § 16-107-28