Monday, August 15, 2022

Forms of Maui Land Tenure

Have you been searching Maui luxury real estate?

A Maui home | Maui luxury real estate

Are you confused by the land tenure options?

There are two different forms of land tenure in Hawaii - leasehold and fee simple. If your property is fee simple, you own the property and the land it sits on, similar to real estate on the mainland. If your property is leasehold, however, you own the property but not the land and must pay the landowner lease rent. Also with leasehold, there's no guarantee the landowner will renew your lease at the end of the term.

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