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Commercial Building or Space Lease - Hawaii 2026

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The document is a commercial lease agreement for properties in Hawaii between a lessor and lessee. It outlines the terms of the lease, including the premises, rent payment details, responsibilities for utilities and repairs, conditions for renewal, default clauses, security deposits, and insurance requirements. The agreement emphasizes the rights and obligations of both parties regarding maintenance, use of the premises, and procedures in case of default or termination.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date of the agreement at the top of the form. This is crucial for establishing the lease timeline.
Fill in the names of both parties involved: the LESSOR and LESSEE. Ensure that all parties are clearly identified to avoid any confusion.
Specify the premises being leased, including its location and any specific details about the property. This section is vital for clarity on what is being rented.
Indicate the term of the lease by filling in the start and end dates. This defines how long the lease will be active.
Complete sections regarding rent payment, including amounts and due dates. Be precise to ensure both parties understand their financial obligations.
Review additional clauses related to utilities, maintenance responsibilities, and conditions for termination. These details are essential for managing expectations throughout the lease period.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the best lease type for commercial property?

Gross leases are most common for commercial properties such as offices and retail space. The tenant pays a single, flat amount that includes rent, taxes, utilities, and insurance. The landlord is responsible for paying taxes, utilities, and insurance from the rent fees.

How do land leases work in Hawaii?

Basically, you pay the landowner rent for the land your property is on for a fixed term. When the term expires the land reverts to the lessor and all ownership rights are canceled (your property reverts to the landowner).

When you buy property in Hawaii, do you own the land?

Today, most properties in Hawaii are fee simple but leasehold properties still exist. And heres the key difference: with leasehold, you own the unit but lease the land beneath it. Fee simple means you own both the structure and the land no expiration date, no ground rent.

Why would anyone buy a leasehold property in Hawaii?

Because the lessor is going to profit eventually from continuing to own valuable land on Hawaii, they can afford to sell to you for less. Leasehold ownership is sometimes a good option for people who want to buy a home in Hawaii and are looking for the most affordable option.

How much of Hawaii is leasehold?

In a fee-simple transaction, you purchase the land and all of the structures on it, and it will remain in your ownership until you decide to sell or otherwise forfeit the property. Leasehold properties make up the other 2% of the real estate market in Hawaii.

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What is a lease on a commercial property?

A commercial lease is a form of legally binding contract made between a business tenant - your company - and a landlord. The lease gives you the right to use the property for business or commercial activity for a set period of time. In return for this, you will pay money to the landlord.

Commercial Building or Space Lease - Hawaii 2026

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