Fee Simple: Fee Simple is the most common form of property ownership on Maui and is the highest form of ownership. The vast majority of homes, condominiums, and land on Maui are owned Fee Simple. As an owner of a Fee Simple property you have full ownership of the land and all of the improvements for perpetuity. Most Maui property owners prefer Fee Simple ownership to Leasehold ownership. Fee Simple property owners are responsible for mortgage payments, property taxes, insurance, maintenance, and HOA dues. Maui Fee Simple properties can be passed along to heirs.
