{"data":{"id":"us-hi/haw.-rev.-stat.-481m-17","jurisdiction":"us-hi","citation":"Haw. Rev. Stat. § 481M-17","heading":"Renegotiation for new agreement and extensions.","body":"(a) A renegotiation shall occur when an existing lease-purchase agreement is satisfied and replaced by a new agreement undertaken by the same lessor and lessee. A renegotiation shall be considered a new agreement requiring new disclosures.\n\n(b) The following events shall not be treated as renegotiations:\n\n(1) The addition or return of property in a multiple-item agreement or in the substitution of the leased property, if in either case the average payment allocable to a payment period is not changed by more than twenty-five per cent;\n\n(2) A deferral or extension of one or more periodic payments, or portions of a periodic payment;\n\n(3) A reduction in charges in the lease or agreement; or\n\n(4) A lease or agreement involved in a court proceeding.\n\n(c) No disclosures are required for any extension of a lease-purchase agreement.","path":["HI Code","Division 2","Title 26","Chapter 481M"],"source_url":"http://www.capitol.hawaii.gov/hrscurrent/Vol11_Ch0476-0490/HRS0481M/HRS_0481M-0017.htm","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:11Z","sha256":"fdcf29ab649399d25a9d12e6b64f9b4a0ff3872ef17afbc503ba3f26767953c5","source_id":"us-hi","stale":false,"prev":"us-hi/haw.-rev.-stat.-481m-16","next":"us-hi/haw.-rev.-stat.-481m-18"},"notice":"GroundRules: Original legal text. Not legal advice."}