This office lease form is an agreement between the landlord, owner of the property, and a borker. This agreement describes the nature of the services to be provided and the terms and usage under the agreement.
Hawaii Brokerage Agreement for Services to Landlords
Category:
State:
Multi-State
Control #:
US-OL29A082A
Format:
Word;
PDF
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How to fill out Brokerage Agreement For Services To Landlords?
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FAQ
In Hawaii, the agency disclosure requirement applies to... all commercial sales transactions.
Limits on Rent Increases Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living ? whichever is lower ? over a 12-month period.
The landlord must give "adequate" written notice of the intent to increase the rent ing to the type of tenancy (see chart at end of handbook). There is no limit on the amount of the rent increase as there is no rent control in Hawaii.
One-bedroom units saw the smallest average increase at 17%. From 2021 to 2022 alone, rents on average rose between 8% and 10% for studios, one-bedroom and two-bedroom apartments, while average rents for three- and four-bedroom apartments rose 3% and 4%, respectively.
Property management fees can range from 25 to 35% of the gross monthly rent depending on the location of your home and the current market.
Tenants have the right to seek a rental unit in a habitable condition. If the property ever needs some repairs, the Hawaii tenant can request repairs from their landlord. If the landlord doesn't respond within the required notice, the tenant may exercise their repair and deduct right.
In the State of Hawaii, a real estate license is required to sell, buy, lease, and manage real property.
There is no limit on the amount of the rent increase as there is no rent control in Hawaii.