Quote:
Originally Posted by Beachbum808
Actually, at least on Oahu, there are very few Leasehold Condos remaining. Those that do remain clearly include the number of years remaining, or the scheduled "step ups" of the leasehold rent in their listings. For those that have only a few years left, such as the Kahala Beach which expires in 2027, you do need to understand that at that time it's "Everyone Out!"
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At lease 10% of the condos on Oahu are leasehold.
Kahala Beach condos are an exception as Kamehameha Schools has played hardball and won't extend the lease. They also own the land for the Kahala Hotel and Waialae Country Club whose leases have been extended.
If they truly don't extend - it will be interesting to see what they do with the land.
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