Fee simple ownership is probably the most familiar form of property ownership to buyers of residential property, especially on the US Mainland. Fee simple is sometimes called fee simple absolute because it is the most complete form of ownership. A fee simple buyer acquires ownership of the entire property, including both the land and buildings. The fee simple owner does not pay ground rent but does pay maintenance fees and real property taxes. The fee simple owner has the right to possess, use the land and dispose of the land as they wish - sell it, give it away, trade it for other things, lease it to others, or pass it to others upon death.
A leasehold interest is created when a fee simple landowner enters into an agreement or contract called a ground lease with a lessee. A lessee buys leasehold rights much as one buys fee simple rights; however, the leasehold interest differs from the fee simple interest in several important respects. First, the buyer of residential leasehold property does not own the land and must pay ground rent. Second, his use of the land is limited to the remaining years covered by the lease. Thereafter, the land returns to the lessor and is called reversion. Depending on the provisions of any surrender clause in the lease, the buildings and other improvements on the land may also revert to the lessor. Finally, the use, maintenance, and alteration of the leased premises are subject to any restrictions contained in the lease.
Conversion of leasehold property to fee simple ownership involves purchasing the landowner's remaining interest, called the leased fee interest. The lessors of many, if not most, leasehold properties are currently offering to sell their leased fee interests to their lessees or prospective buyers of a leasehold property.
The ownership of a leasehold property is divided into two portions: the leased fee interest which is owned by the lessor and the leasehold interest which is purchased and owned by the lessee. The leased fee interest refers to those rights retained by the landowner of the leased land which includes the right to receive rent (an income stream) and the right to get the land back at the end of the lease (reversion).
A hidden Gem, one of the lowest priced second floor, 1 Bedroom, 1 Bathroom condos in South Maui, Kihei. This complex has only 12 units, four 2 bedrooms and 8 one-bedrooms...
Listing courtesy of Destination Maui Realty LLC.
Beautiful Makena condo perfectly situated in the Na Hale o Makena community with a gorgeous ocean view. This 3rd floor unit is steps to the ocean. This spacious 2 bedroom...
Listing courtesy of Hawaii Life (W).
Great level vacant lot is waiting to have your dream home built on. Perfect if you are looking for surf, Big Lefts is just a few steps away. Centrally located, close to ...
Listing courtesy of Keller Williams Realty Maui-Ka.
If you want your next home to be spacious, of newer construction and with a convenient commute to Kahului and Wailea; then check out the Flats at Kamalani unit 3807! Loca...
Listing courtesy of Keller Williams Realty Maui-Ka.
This C floor plan is a 2 bedroom, 2 bath suite with 1512 sq ft of living area and 200+ sq ft spacious lanai. This unit offers all the benefits of a ground floor unit, a p...
Listing courtesy of Coldwell Banker Island Prop-KP.
This beautiful, move in ready home sits on the 10th fairway of the Pukalani golf course offering a great setting overlooking the course and the pond. Recently remodeled t...
Listing courtesy of Compass.
Experience the ultimate in oceanfront living with this exceptional fee-simple 1-bedroom condo in West Maui. This beautifully furnished ground-floor unit offers stunning v...
Listing courtesy of Jeffrey Samuels Realty.
Kama'aina charm meets opportunity at 299 Olani Place in Kihei, Maui ~ Must see to appreciate the possibilities! Spacious 2-story, 6 bedrooms, 4.5 bathroom residence with ...
Listing courtesy of Keller Williams Realty Maui-Ka.
Welcome to this upcountry charmer in the Meadows at Makawao Subdivision, a well-maintained and spacious split-level design located on a serene cul-de-sac. This well-maint...
Listing courtesy of Maui Real Estate 808.
A literal stone’s throw from the Pacific Ocean and dreamy golden sandy beaches of South Maui. Customize the estate of your dreams on a rare .669 acre vacant lot offering...
Listing courtesy of Coldwell Banker Island Prop(S).
Absolutely breathtaking ocean views from 105 feet above the sea - the best in Wailea - captured through stunning mitered glass bay windows. Facing straight at Molokini Is...
Listing courtesy of Wailea Point Realty, Inc..
THE FINEST condominium residence in Hawaii. Located 75 feet from the surveyed shoreline and 56 feet above sea level. Views expand more than 180 degrees and exceed any sup...
Listing courtesy of Wailea Point Realty, Inc..
760-U: Sept 30 - Oct 14 Beachfront Bliss: Wake up to a postcard view of Black Rock with the neighbor island of Molokai as the backdrop. This one bedroom, two bath condo...
Listing courtesy of Monte D Fitts REALTOR.
This RARE 2nd floor 2-bedroom 2 bath unit is all on ONE LEVEL. Beautiful end unit overlooking lush gardens has vaulted ceilings offering extra windows, light and cross br...
Listing courtesy of Hawaii Life (W).
Experience breathtaking ocean, mountain, and gulch views from this charming Kulamanu home. The upper level features an open-concept design with beautiful bamboo flooring,...
Listing courtesy of Fine Island Properties LLC.
Welcome to Traditions in Maui Lani, a vibrant hub for family and community living. This delightful single-story home features 3 bedrooms and 2 baths, meticulously maintai...
Listing courtesy of Compass.
Discover comfort and style in this refreshed 3-bedroom, 2.5-bath townhome at Milo Court in Kehalani. Recently upgraded with brand-new stainless-steel appliances, all-new ...
Listing courtesy of Island Sotheby's Int'l Rlty(W).
Come view this home nestled in the desirable Wailuku neighborhood! This residence offers a perfect blend of comfort, convenience, and community living. Easy access to a h...
Listing courtesy of Real Broker LLC.
Discover the epitome of convenience and comfort in this meticulously crafted 2-bed, 1.5-bath oasis nestled in the heart of Kihei. Boasting an unbeatable location mere mom...
Listing courtesy of Redfin Corporation.
This lovely remodeled and cared for 2 bedroom/2 bathroom Grand Champions unit speaks of Hawaiiana and is being sold 'Turn Key' Furnished. Unit #140 is upper-level with va...
Listing courtesy of Maui Real Estate Advisors LLC.
Kanoe Resort, also known as Kanoe Apartments, is an 18-unit very quaint boutique 2-story residential complex designed by architect Hans Riecke one block away from the sho...
Listing courtesy of Compass.
Here it is! The wait is over! Not since 2017 has there been the chance to own a much coveted 2 bedroom/2 bathroom unit at Shores of Maui! This unit offers the perfect ...
Listing courtesy of Compass.
This is a turnkey opportunity at the magnificent Montage Residences at Kapalua Bay. Secluded and tranquil, stand alone Building 6, the Molokai Wing, sits conveniently pos...
Listing courtesy of Compass.
An incredible opportunity awaits at 373 Kenolio Road in Kihei, featuring over three-quarters of an acre of prime real estate with four detached residences, ideal for mult...
Listing courtesy of Hawaii Life (W).
An exceptional opportunity awaits with this rarely available ground floor ocean view pet friendly condo. This 2-bedroom, 2-bathroom, 2-deeded parking stalls move in ready...
Listing courtesy of Equity Hawaii Real Estate LLC.
Luxury coastal living meets modern elegance in this newly constructed Olowalu estate, perfectly situated in West Maui’s soon to be newest gated community Olowalu Mauka – ...
Listing courtesy of Keller Williams Realty Maui-L.
Nestled just across from Giggle Hill and the Park in Haiku, this stunning property offers the perfect blend of country living and modern conveniences. Set on over 2 acres...
Listing courtesy of Fine Island Properties LLC.
Discover this custom-built home with stunning, unobstructed bi-coastal and Haleakala views in the prestigious Wailuku Heights Neighborhood. The main living area boasts an...
Listing courtesy of Hawaii Life (W).
Experience the magic of Maui at Royal Kahana, where stunning natural beauty meets world-class hospitality. Nestled along the pristine Pacific shoreline, this resort offer...
Listing courtesy of Living Maui Real Estate LLC.
WIDOW IN EMOTIONAL DISTRESS. The property is just too overwhelming for her all by herself and wants to simplify her life. This property is PRICED TO SELL FAST less than 1...
Listing courtesy of eXp Realty.
216U: September 25 - October 9: Enjoy an ocean view from this studio located on the shady north side of Tower 1. Autumn is one of the most enjoyable times of year to en...
Listing courtesy of Monte D Fitts REALTOR.
More than 5 prime acres with spectacular bi-coastal views, fenced, graded, ready to build with underground utilities and water in place, located in the exclusive, gated K...
Listing courtesy of Keller Williams Realty Maui-Ki.
Oceanview Estates is appropriately named, as you'll see when you see this immaculate single level ocean view 3 BR+ office, 2 BA home with two lanais (one is enclosed), an...
Listing courtesy of Coldwell Banker Island Prop(S).
Top of the world in the famous Kapalua Resort at Honolua Ridge II. This gorgeous one level custom home has unobstructed views go the ocean, Molokai and Lanai. The year ro...
Listing courtesy of Keller Williams Realty Maui-L.
Welcome to one of the most unique finds at Iao Parkside—a ground-floor gem that's got personality, privacy, and plenty of perks! This 2-bedroom, 2-bathroom corner unit no...
Listing courtesy of Real Broker LLC.
Experience the ultimate in convenience with this gorgeous property at 31 E Kuu Aku Ln, Unit 206, Lahaina. Situated across from Lahaina Gateway and Lahaina Cannery Mall, t...
Listing courtesy of Berkshire Hathaway Maui Prop-L.
Convenient location across the street from Kahului Community Center Park, and minutes away to Ka'ahumanu Shopping Center. Large 9996 square foot lot. Fixer Upper. There i...
Listing courtesy of Capitol Properties.
This 3-bedroom, 2-bathroom single-level home is situated on a spacious 9,420 sq. ft. lot, featuring a 440 sq. ft. two-vehicle carport and 242 sq ft shed behind the carpor...
Listing courtesy of Shore To Shore Realty, Inc..
Tranquility awaits at 241 Ulaino rd. This five plus acre property exudes all that Hana has to offer. A multitude of tropical fruit trees and flowers abound. This home off...
Listing courtesy of Fine Island Properties LLC.
Also Listed as Single Family Residential CPR (MLS #403615) Welcome to this meticulously maintained 4 bedroom, 3 bathroom, 2 story fee simple home in the desirable Kahoma ...
Listing courtesy of BHGRE Advantage Realty Valley Isle.
Also listed in Condo Classification MLS# 403616 Welcome to this meticulously maintained Residential CPR with 4 bedroom, 3 bathrooms, 2 story, fee simple home in the desir...
Listing courtesy of BHGRE Advantage Realty Valley Isle.
HOTEL ZONED vacation rental "loft style" unit in Kihei Alii Kai featuring vaulted ceilings, expansive windows, and breathtaking mountain views. The entire complex is at i...
Listing courtesy of Redfin Corporation.
Enjoy true tropical living in this highly desirable 2 bedroom 2 bathroom ground floor apartment. Luana Kai is a short distance to the ocean. Take in some of the most beau...
Listing courtesy of Coldwell Banker Island Prop(S).
Welcome to Pukalani Fairway Estates, where this stunning 2-bedroom, 2.5-bath detached home offers golf course living with unbeatable mountain views—and all the upgrades y...
Listing courtesy of Real Broker LLC.
Island living meets modern convenience! This exceptional upstairs 2-bedroom, 1.5-bath unit, located in the sought-after building 15, offers the perfect blend of comfort, ...
Listing courtesy of Real Broker LLC.
The Villas at Kehalani stands as a testament to private luxury living in a gated community. Offering captivating ocean views and awe-inspiring sunrises over Haleakala and...
Listing courtesy of Keller Williams Realty Maui-Ki.
Kaanapali Shores 102. Discover your paradise in this exquisite 2-bedroom, 2-bathroom condo, boasting over 1,500 sq. ft. of luxury living. The master bedroom offers breath...
Listing courtesy of Keller Williams Realty Maui-L.
Looking for privacy yet with proximity to the Kaanapali area? Then 2827 Kolepa is an extraordinary offering that should not be missed. This contemporary island home is l...
Listing courtesy of Maui Paradise Properties LLC.
RARE, Turnkey 5th floor elevation Hotel Residence at Montage Kapalua Bay- one of the highest locations on the property, offering a "Premier Oceanview Residence" category....
Listing courtesy of Compass.
If tranquility and serenity with a spectacular panoramic view is what you're looking for, then take advantage of this opportunity to build and live in this gated subdivis...
Listing courtesy of Keller Williams Realty Maui-Ka.
Nestled in the heart of Kihei, this quarter acre gated estate features a single-level home, a private, separate cottage, a resort-style pool with lush tropical gardens, a...
Listing courtesy of Corcoran Pacific Properties.
Breathtaking views of Lanai await you every day from this Penthouse unit offering the highest elevation of any fractional 2 BR residence. This deeded, one-twelfth fractio...
Listing courtesy of Keller Williams Realty Maui-L.
Located in the heart of Makawao that is known for having all the charm of a cowboy town complete with its famous 4th of July Makawao Rodeo and annual parade! Explore the ...
Listing courtesy of Emerald Club Realty Inc.
Experience the charm of this exceptional condo home, offering breathtaking mountain views and the tranquil sounds, of the river flowing by just behind the property. This...
Listing courtesy of Fine Island Properties LLC.
If you need room this is the home for you, over 2400 sq. ft. of living. Not only 3 bed. 2.5 baths, you get a huge bonus room above the garage with a Haleakala view. A VE...
Listing courtesy of Chris Bakeman Realty LLC.
Rare mostly level lot located just off of Highway 30 in Ukumehame of just over 7 acres. This Agriculturally zoned property has not been CPRd. Striking views of the mounta...
Listing courtesy of West Maui Land Company Inc.
This beautiful upstairs condo offers a perfect blend of comfort, style, and convenience. Featuring three bedrooms and two updated bathrooms, this unit is designed with hi...
Listing courtesy of Hawaii Life (W).
RARELY AVAILABLE SINGLE-FAMILY HOME in the sought-after Waiehu Terrace neighborhood. The property highlights a 3 Bedrooms, 2 Bathrooms, and a Study/Den with open-concept ...
Listing courtesy of Coldwell Banker Realty.
Exceptional ocean views are in abundance in the remodeled beautiful 1 bedroom 1 bath apartment at this highly desired complex , Luana Kai, in the heart of Kihei. Experien...
Listing courtesy of Coldwell Banker Island Prop(S).
As you step into Mahana #608, a Kaanapali Maui Hotel Zoned Vacation Rental, you’ll be greeted by an elegant, modern living space that maximizes breathtaking ocean views. ...
Listing courtesy of Compass.
Welcome to Kanani Wailea, where luxury meets comfort in this stunning 3-bedroom, 2.5-bathroom ocean view single family residential condominium. With only 38 stand alone u...
Listing courtesy of Coldwell Banker Island Prop(S).
Welcome to Kanani Wailea, where luxury meets comfort in this stunning 3-bedroom, 2.5-bathroom ocean view single family residential condominium. With only 38 stand alone u...
Listing courtesy of Coldwell Banker Island Prop(S).
Postcard perfect property in Hana. This modern plantation home features the classic look of old Hawaii; with a corrugated metal roof, an inviting porch and plantation gre...
Listing courtesy of The Maui Real Estate Team Inc.
Breathtaking ocean views, this exquisite South Maui estate is perched at the cusp of Wailea and embodies the ideal blend of elegance, comfort and privacy. Live your best...
Listing courtesy of Coldwell Banker Island Prop(S).
Welcome to this beautiful remodeled 1-bedroom, 1-bath condo in Harbor Lights located in the desired Building A, perched on the third floor. A fresh remodel completed in 2...
Listing courtesy of Real Broker LLC.
Spacious condo, currently used as Vacation Rental. This intimate Beautiful resort has 64 units and is lushly landscaped with manicured Japanese Zen Gardens, pool and is ...
Listing courtesy of AOK Properties LLC.
We are proud to offer the Ali’i 212 for sale. Experience the pure elegance of this completely renovated home. Situated on the highly desired ground floor, this home is ...
Listing courtesy of Susan Jackson Real Estate.
Ma'alaea Yacht Marina 306 is a perfect second home island retreat. You will immediately notice the tasteful remodel throughout completed in 2022. Enjoy a spectacular vi...
Listing courtesy of eXp Realty.
Breathtaking views of Lanai are witnessed every day from this ideally located 3 bedroom, 3 ½ bath residence at Montage Kapalua Bay. This deeded, one-twelfth fractional ow...
Listing courtesy of Keller Williams Realty Maui-L.
Remodel your dream luxury home in the exclusive Wailea Golf Estates. 3919 Waakaula Place has exceptional ocean and neighbor island views that serve as the perfect backdro...
Listing courtesy of Hawaii Life (W).
Welcome to Kihei Garden Estates! This quaint ground level one-bedroom one-bath vacation condo is perfectly positioned in the complex to offer peace and privacy with a be...
Listing courtesy of Hawaii Life (W).
This organical hidden gardenal property off from Kauhikoa Hale is very beautiful and isolated place and very close to Haiku town. charming 2 bedroom 1 bath home with cov...
Listing courtesy of Hawaii Life (W).
Situated on a quiet cul-de-sac in south Kihei, this property offers the best of both worlds: walking distance to the world-famous Keawakapu Beach and proximity to Wailea’...
Listing courtesy of Coldwell Banker Island Prop(P).
Papakea Time Interval B404 features one bedroom plus a loft and one bathroom, located at the beautiful Papakea. This unit is located on the fourth floor in the "B" buildi...
Listing courtesy of Keller Williams Realty Maui-L.
Quiet, private location in Maui Kamaole's newest building. This 2 bedroom, 2 bathroom condo is in close proximity to the upper, tropical pool and tennis courts. This prop...
Listing courtesy of Coldwell Banker Island Prop(S).
An incredible opportunity to purchase just what you need and avoid the hassle of rental management the rest of the year. Own a 1/5th share of this beautifully remodeled, ...
Listing courtesy of Keller Williams Realty Maui-Ka.
An incredible opportunity to purchase just what you need and avoid the hassle of rental management the rest of the year. Own a 1/5th share of this beautifully remodeled, ...
Listing courtesy of Keller Williams Realty Maui-Ka.
Presenting one of the last opportunities to build your dream home in Wailea's most prestigious and exclusive gated communities. With only 22 estate-sized parcels, each sp...
Listing courtesy of Real Broker LLC.
Quality craftsmanship and innovative updates form the perfect combination of low maintenance living in this custom single level home. Located in the highly desired Waiola...
Listing courtesy of Gregory Harbottle Inc.
This 3 bedroom, 2 bath upstairs unit in the Iao Parkside condominium complex close to parks and restaurants. Unit needs some TLC. Refrigerator, washer, and dryer was pu...
Listing courtesy of Yoshida Realty Group.
Discover island living in this beautifully remodeled 1-bedroom, 1-bath garden view condo. Perfectly located near a variety of entertainment, beach, and water activities, ...
Listing courtesy of Hawaii Life (W).
Amazing opportunity to own a fully renovated home on a corner lot right near Wailuku town. Ideally situated just minutes from the Kehalani Shopping area, local shops, res...
Listing courtesy of Destination Maui Realty LLC.
Set prominently on an elevated corner lot within the exclusive Wailea Kialoa gated community, this property has ocean views, a resort-style pool, and the finest in modern...
Listing courtesy of Hawaii Life (W).
Discover Your Slice of Paradise: 51 Lewa Lani Place (Lot #22), Lanikeha at Kaanapali Golf Estates Welcome to an extraordinary opportunity in one of Maui's most coveted l...
Listing courtesy of Real Broker LLC.
This charming duplex home located in Napili, offering a large open beam ceiling in the living area . Open the sliding doors to let in the cool Napili breeze. These livin...
Listing courtesy of Compass.
The freshest offering that the HOTEL Zoned Royal Kahana has seen in years - Royal Kahana #213. This incredible condo is a full ocean view one-bedroom residence with an ex...
Listing courtesy of Compass.
Relax and rejuvenate at the edge of the Pacific Ocean on West Maui. This gracious resort-style residence embodies the Maui lifestyle: indoor-outdoor living, beautiful oce...
Listing courtesy of Coldwell Banker Island Prop-KP.
Nestled in the prestigious Kapalua Resort, this 1B/2B Ridge villa has been lovingly maintained by the original owners for 42 years, serving as their cherished second home...
Listing courtesy of Ridge Realty Rentals LLC.
Everyone loves living in Kamani at Kehalani! Wailuku town offers a soothing cool climate while being conveniently located in central Maui, close to schools, restaurants,...
Listing courtesy of Pono Real Estate LLC.
Welcome to 169 Halau Pl, a CPR'd stunning NEW built luxury home nestled in the prestigious new community of Wailea Golf Estates II. This meticulously maintained 5-bed, 5....
Listing courtesy of The Agency Maui.
Welcome to "Kam Sands" - Paradise on Maui! Experience the best of island living in this top-floor, fully furnished, 2-bedroom, 2-bath unit offering breathtaking ocean and...
Listing courtesy of Compass.
Welcome to your dream retreat in the coveted Wailea Ekahi complex! This spacious, updated 1-bedroom, 2-bathroom condo offers an ideal layout with two entrances, perfect f...
Listing courtesy of Island Sotheby's Int'l Rlty(M).
WTIO 818N - Enjoy 4th of July week on Maui. Eight floor location in Tower I at The Whaler on Kaanapali Beach. This north facing location offer exquisite ocean and mountai...
Listing courtesy of Keller Williams Realty Maui-L.
Perched at the top of a peaceful cul-de-sac, and up a flag lot for added privacy, in a highly desirable Upcountry Kula neighborhood, this lovely 1938sf, 3-bedroom, 2-bath...
Listing courtesy of Equity One Real Estate Inc (M).
Enjoy this fourth floor location with lovely lanai and southernly location. WTIO 461 is a studio, 1 bathroom unit located on the south side of Tower II. The condo was ren...
Listing courtesy of Keller Williams Realty Maui-L.
Enjoy this fourth floor location with lovely lanai and southernly location. WTIO 461 is a studio, 1 bathroom unit located on the south side of Tower II. The condo was ren...
Listing courtesy of Keller Williams Realty Maui-L.
Welcome to Wailea Elua unit #708 – a hotel zoned, stunning 2-bedroom, 2-bathroom top-floor condo with breathtaking ocean views. Located in the highly sought-after Wailea ...
Listing courtesy of Hawaii Life (W).
This charming upgraded 2-bedroom, 2-bathroom condominium at lao Parkside combines modern convenience with exceptional functionality. Conveniently located close to the air...
Listing courtesy of Hawaii Life (W).
Presenting an exceptional opportunity to own the most competitively priced 3-bedroom residence currently on the market. This newly completely remodeled garden-level condo...
Listing courtesy of Coldwell Banker Island Prop(S).
Welcome to Kihei Bay Vista C206, a delightful retreat just steps from a stunning white sandy beach, perfect for kitesurfing, windsurfing, stand-up paddleboarding, kayakin...
Listing courtesy of Hawaii Life (W).