Hawaii State Legislature
2002 Legislative Session

SB2860

Generated on 7/23/2002 10:30:46 AM

Measure Title: RELATING TO LEASEHOLD.
Report Title: Real Property Leases; Renegotiation
Description: Requires, in leasehold renegotiations, that a rent based on fair market value shall apply even if value is lower than existing rent and contract bars the lowering of rent upon renegotiation. Allows a one-time rent adjustment to reflect fair market value for any existing lease renegotiated after 1/1/90.
Package: None
Companion:
Introducer(s): BUNDA
Current Referral:CPH, JDC

Date Status Text
1/24/2002SIntroduced and passed First Reading.
1/30/2002SReferred to CPH, JDC.

$ = Appropriation measure
ConAm = Constitutional Amendment