Property Management
Under Hawaii's Residential Landlord-Tenant Code, within how many days after a tenant vacates must a landlord return the security deposit or provide a written itemization of deductions?
A10 days
B14 days✓ Correct
C21 days
D30 days
Explanation
Hawaii law (HRS §521-44) requires the landlord to return the security deposit or provide a written itemized statement of deductions within 14 days after the tenant vacates and returns possession.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
State-Specific Concepts
Trust Account Rules
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