Hawaii Revised Statutes 171-95 – Disposition to governments, governmental agencies, public utilities, and renewable energy producers
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Terms Used In Hawaii Revised Statutes 171-95
- Board: means the board of land and natural resources. See Hawaii Revised Statutes 171-1
- county: includes the city and county of Honolulu. See Hawaii Revised Statutes 1-22
- District: means the land district as constituted under this chapter. See Hawaii Revised Statutes 171-1
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- 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: 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
- lease: means a residential lease made by the board of land and natural resources under this part. See Hawaii Revised Statutes 171-71