Monday, May 20, 2013

New Standard Rental Agreement for Oahu

Hawaii Association of Realtors Standard Form Revised

This May, the Hawaii Association of Realtors revised the standard Rental Agreement form to include some changes in formatting, but also a change in terms for the Military Clause.  

Previously, if someone in the Military received orders to PCS (permanent change of station), they needed to provide a written notice, copy of the orders, and 28 days notice.  

The new rule states they still need to provide written notice (verbal notice will not be sufficient), a copy of the orders, and they will now be responsible for the remainder of the month in which they give notice, and also the entire following month. 

Please look over the new form to become familiarized with the changes. 

- The Staff at Cornerstone Properties