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What Happens to Leasehold Condos When They Expire in Hawaii?

By
Real Estate Agent with Harcourts Island Real Estate RB-20368

So often in real estate, I get asked "what can happen when the land lease expires on leasehold property?" There's a reason why I'm in Kailua today. The reason why is years ago, there was some low rise apartments across the street from me here. They were leasehold condos... Read More

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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I don’t know too much about these exact things and have the rules working in Hawaii, but I’m here for it, as the kids say

Dec 28, 2024 11:50 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Dec 29, 2024 03:53 AM
David Buck

Mahalo. You too

Dec 29, 2024 08:38 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

great information. Thanks for sharing it.

Have a super fantastic week!

Bill Salvatore, Realtor- Arizona Elite Properties

Dec 29, 2024 04:23 AM
David Buck

Mahalo. You too

Dec 29, 2024 08:38 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Yeah, I can see the advantage.  There is one community I know of and knowing it's date where the lease expires, I can say odds are 99.9% I won't live that long.  So, for me it could be a great way to get an ideal condo.

Dec 29, 2024 08:00 AM
David Buck

Never say never ;) True though, when the leases are really long, they're not as bad.

Dec 29, 2024 08:39 AM