This office lease form states that in the event of a mortgage foreclosure, or termination of any interest which is superior to the lease, the lease shall continue as a lease between the landlord's successors as Lessor and the tenant as lessee with the same force and effect as the originally entered into the lease and the tenant shall be permitted to remain in undisturbed possession, use and occupancy of the premises, provided that the tenant is not in default under the lease after the giving of notice and the expiration of the applicable grace or cure period as provided in the lease.
Hawaii General Nondisturbance Agreement
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US-OL20034B
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FAQ
The length of a Hawaii timeshare right of rescission period is seven days. You have the right to cancel a Hawaii timeshare during the cooling-off period within seven days of signing your purchase agreement or receiving the disclosure statement, whichever happens the latest.
A nondisturbance clause is a provision in a mortgage contract that ensures that a rental agreement between the tenant and the landlord will continue under any circumstances. This is done primarily to protect the renter from eviction by the mortgagor if the property is foreclosed upon by the lender.
In Hawaii, the cooling-off period is seven calendar days after the date you sign the contract or receive a timeshare disclosure statement. Also, Hawaii law provides consumers with several protections when it comes to timeshare transactions.
"§514E-A Rescission due to a material change; sales contract. (a) Purchasers shall have a seven calendar day right to rescind a sales contract for the purchase of a time share interest from a developer if, prior to closing, there is a material change in the plan.
In the state of Hawaii, timeshare law is administered through the Hawaii Revised Statues, < a href=" " target="_blank">Chapter 514E. There is also further administrative rule under the Department of Commerce and Consumer Affairs.
The law generally provides for a 5-day period in which you have the right to cancel the purchase agreement. The 5-day period begins on different starting dates, depending on whether you receive a public offering statement or a resale package.