Property Ownership
A ground lease in Hawaii typically runs for a term of:
A5 to 10 years
B15 to 25 years
C55 years or more✓ Correct
DExactly 30 years
Explanation
Hawaii ground leases are typically long-term arrangements of 55 years or more (sometimes up to 99 years). As the lease term shortens, the leasehold property may decrease in value.
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