← Back to search

HRS §490:2A-532

Lessor can recover money for lost value after lease default

If a lessee defaults, the lessor can sue for extra money to cover any loss in the value of the goods that the lessor would have gotten back after the lease. This is on top of other legal remedies. The amount must fully compensate the lessor for that loss.

The statute, as written — Lessor's rights to residual interest

In addition to any other recovery permitted by this article or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor's residual interest in the goods caused by the default of the lessee.
Read the official text at capitol.hawaii.gov ↗as published Jan 6, 2026our copy taken Aug 20, 2026

LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.