171-71  Definitions.  As used in this part if not inconsistent with the context:

Terms Used In Hawaii Revised Statutes 171-71

  • Appraisers: means one or more, but not more than three, real estate appraisers appointed by the board. See Hawaii Revised Statutes 171-71
  • Board: means the board of land and natural resources. See Hawaii Revised Statutes 171-1
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Land: includes all interests therein and natural resources including water, minerals, and all such things connected with land, unless otherwise expressly provided. See Hawaii Revised Statutes 171-1
  • lease: means a residential lease made by the board of land and natural resources under this part. See Hawaii Revised Statutes 171-71
  • 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
  • Lessee: means the lessee under a residential lease and the successors in interest of the lessee. See Hawaii Revised Statutes 171-71
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.

     “Appraisers” means one or more, but not more than three, real estate appraisers appointed by the board.

     “Lessee” means the lessee under a residential lease and the successors in interest of the lessee.

     “Person” means one or more individuals and does not include any partnership, firm, or corporation.

     “Residential lease” or “lease” means a residential lease made by the board of land and natural resources under this part.