A condo-tel is a type of property that combines the features of both a condominium and a hotel. In the context of Hawaii, a condo-tel refers to a condominium unit that is operated and managed like a hotel. A non-warrantable condo has an owner-occupied ratio below 50%, a ratio of owner-delinquent HOA dues that is too high, pending litigation, insufficient insurance coverage by the AOAO, and in some cases new construction. A warrantable condo has strong AOAO reserves and budget, at least 50% owner occupied, no pending litigation, and appropriate AOAO insurance coverage including liability.