Which Pearl City Condos for Sale are Fee Simple?
As of Thursday, October 18, there are exactly 15 condos for sale on Pearl City that are Fee Simple.
What is a Fee Simple Pearl City Condo?
According to the Honolulu Board of Realtors, buying a Fee Simple Pearl City Condo means you acquire ownership of the entire property, including both the land and buildings. The fee simple owner of Pearl City real estate does not pay ground rent (leashold), but does pay maintenance fees and real property taxes. The fee simple owner of a Pearl City Condo 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.
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