If you’ve considered living in a condominium in Maui, you may have seen the initials “CPR.” They’re common here, but not everyone understands what they’re all about. A condo is similar to an apartment but has more in common with a single-family home. Condos were created to help ease the housing crunch in the state and on each of the Islands and make housing more affordable. Buyers can purchase just a portion rather than an entire piece of land. Additionally, condos are sold as homes and are treated as such, even if they are used as rental property by the owner. Maui Condominium Property Regime:What It Means Hawaii was the first state to embrace the concept of multiple owner condominium property. Originally called Horizontal Property Regimes, this allowed property owners to sell … [Read more...] about What is a Maui Condominium Property Regime?