Fee Simple vs. Leasehold
by Admin
Posted on 01-01-2024 01:53 PM
Most properties are fee simple on kauai meaning a person owns the property outright. There are a few properties on kauai that are leasehold.
Meaning when purchased someone is purchasing a lease and there is an underlying fee owner. A leasehold condominium project on kauai
my advice: decide whether fee simple or leasehold is best for your situation. Leasehold properties can be cheaper however have an expiring lease.
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