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Terms Used In Hawaii Revised Statutes 481M-16

  • Lessee: means a natural person who rents personal property under a lease-purchase agreement. See Hawaii Revised Statutes 481M-1
  • Lessor: means a person who regularly provides the use of property through lease-purchase agreements and to whom lease payments are initially payable on the face of the lease-purchase agreement. See Hawaii Revised Statutes 481M-1

A lessor shall provide the lessee a written receipt for each payment made by cash or money order.