Hawaii Revised Statutes 558-3 – Definitions
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Terms Used In Hawaii Revised Statutes 558-3
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
As used in this chapter, unless the context otherwise requires:
“Recorded instrument” means any conveyance, deed, mortgage, lease assignment, or other instrument relating to this chapter and duly executed and recorded with the bureau of conveyances or the land court of the State.