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Kuleana rights. Kuleana rights arose in the mid-1800s and protected the entitlement of Hawaiian tenant farmers and their descendants to, among other things, access landlocked real estate parcels. [1] In 2012 the Hawaiian Supreme Court confirmed the viability of Kuleana rights in the present day. [2]
The Kuleana Act of 1850, proposed by the King in Privy Council passed by the Hawaii legislature created a system for private land ownership in seven parts. [1] Section 1 recognized ownership of government plots occupied and improved by families. Section 2 expanded title to other types of land. Section 3 defined land boundaries and the ability ...
Liliʻuokalani Trust. Lili'uokalani Trust is a private operating foundation located in Hawai'i. It executes the Deed of Trust of Hawaiʻi's last ruling monarch, Lili'uokalani, to provide for orphaned and destitute children, with preference given to native Hawaiian children. [1]
Apr. 9—Total sales volume for the Hawaii investment market in 2023 declined 18.6 % to $1.93 billion from $2.37 billion in 2022. Hospitality purchases at more than 23 % were the largest share of ...
Kaneohe Ranch Management Limited manages the real estate owned by the family of Harold K.L. Castle and Alice H. Castle, and their non-profit charitable foundation, the Harold K.L. Castle Foundation founded in 1962. In 2014, most of its real estate assets were sold for $373 million. [1] The real estate portfolio had consisted of land holdings on ...
Genshiro Kawamoto. Genshiro Kawamoto (川本 源司郎, Kawamoto Genshiro, born 1932) is a Japanese businessman known for his real estate investments in Japan, California and Hawaii. [1] He is also notable for controversial real estate investments in the late 1980s, when he bought more than 170 properties, including many Oʻahu homes. [2]
Get unlimited access. From as low as $12.95 /mo. Two Hawaii commercial real estate brokers are part of the team chosen to sell a massive mixed-use residential, hotel and retail complex in downtown ...
The Appraisal Institute defines highest and best use as follows: The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value. The four criteria the highest and best use must meet are legal permissibility, physical ...