When two parties in the United States conclude a deal related to leasing space, they usually create and sign a rental lease agreement. In this document, the landlord (or the owner, the one who is giving out space) and the tenant (or the renter, the one who is receiving space) include vital conditions of the deal, a description of space, the amount to be paid as rent, and information about both parties with contact details.
Rental agreement requirements vary in every state. However, one common thing about rental agreements is that they contain plenty of details and are usually more than 10 pages long.
You can download any template from our form builder to assist you in making the right lease agreement depending on your needs.
In Hawaii, the laws that regulate relations between the owner and the renter are included in Title 26 (Chapter 481M) and Title 28 (Chapter 521) of Hawaii Revised Statutes. Commercial lease laws are found in Chapter 490 of Title 27.
Section 521-44 of Hawaii Revised Statutes regulates the maximum deposit given and the terms of refunding it to the renter.
According to this Section, the maximum amount of security deposit should not exceed one month worth of rent. The deposit does not include any additional fees, such as fees for owning a pet. Also, the owner has to give the deposit back within 14 days (or two weeks) from the day of vacation.
In Hawaii, by law, the owner should give the renter a two-day notice if they wish to access the rented space.
Usually, a leasing deal in the US is followed by several disclosures. In Hawaii, when creating a leasing agreement, you will need these ones:
There are various types of rental agreements because every rental deal is different. In some cases, you need a template for an apartment lease, while other cases require a contract for a commercial lease, and so on. In Hawaii, you may use one of at least eight types of this agreement:
Because the templates and lease conditions are different, before starting to create a lease agreement, make sure that you choose the correct contract template.