Property Ownership
When a Hawaii leasehold owner's ground lease expires, what typically happens to the improvements on the land?
AA. The improvements automatically become the leaseholder's property to remove
BB. The improvements revert to the landowner unless the lease provides otherwise✓ Correct
CC. The county government takes ownership of the improvements
DD. The improvements must be demolished by the leaseholder
Explanation
When a ground lease expires, improvements on the land typically revert to the landowner (lessor) unless the lease agreement specifically provides otherwise.
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