Which Tantalus Condos for Sale are Fee Simple?
As of Sunday, February 18, there are exactly 36 condos for sale on Tantalus that are Fee Simple.
What is a Fee Simple Tantalus Condo?
According to the Honolulu Board of Realtors, buying a Fee Simple Tantalus Condo means you acquire ownership of the entire property, including both the land and buildings. The fee simple owner of Tantalus real estate does not pay ground rent (leashold), but does pay maintenance fees and real property taxes. The fee simple owner of a Tantalus 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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