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What does CPR mean?

cpr mean
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What does CPR mean?

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In Hawaii real estate, CPR stands for “condominium property regime” and is most commonly heard when referring to a number, the “CPR number”, which identifies one condominium property from another for tax and sales purposes. A single-family residence, for example, has a five number Tax Map Key (TMK) such as 3-8-43-21-10, which refers to a specific piece of land and everything on it. Because condominium ownership includes a percentage interest in the land with other owners, the Tax May Key has a sixth number, the CPR number. This identifies a specific apartment in a high rise or a portion of a lot when land is “condominiumized.

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In Hawaii real estate, CPR stands for “condominium property regime” and is most commonly heard when referring to a number, the “CPR number”, which identifies one condominium property from another for tax and sales purposes. A single-family residence, for example, has a five number Tax Map Key (TMK) such as 3-7-3-10-10, which refers to a specific piece of land and everything on it. Because condominium ownership includes a percentage interest in the land with other owners, the Tax May Key has a sixth number, the CPR number. This identifies a specific apartment in a high rise or a portion of a lot when land is “condominiumized.” Thus a condo TMK number looks like this: 3-7-2-15-15:103.

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