What are the laws regarding real estate and leasing?

In Hawaii, small business owners must follow certain laws when it comes to real estate and leasing. These laws are designed to protect the business owner from any potential legal issues that may arise. Firstly, a business owner must obtain a real estate license if they wish to transact in real estate. The requirements for this license can vary from state to state, however, in general an applicant must have at least two years’ relevant experience, complete an approved course of study, and pass an examination. When leasing a property, the Hawaii Landlord-Tenant Code must be followed. This code outlines rights and responsibilities of both landlord and tenant. It states that the landlord must ensure the property is in good condition, must not enter the property without the tenant’s permission, and must not discriminate against the tenant. On the other hand, the tenant is responsible for paying the rent on time, abiding by the terms of the lease, and keeping the premises in a clean and safe manner. In addition, Hawaii has a statute of frauds which states that any agreement relating to real estate must be in writing and signed by both parties in order to be legally binding. This is to protect the business owner in case of a dispute. Overall, it is important for small business owners to be aware of the laws governing real estate and leasing in Hawaii so that they can protect their business and avoid any potential legal disputes.

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What are the laws regarding real estate and leasing?

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