Thinking about signing a lease arbitrage contract? Make sure you consider the following essential terms to put in your contract. They break down into three main categories:
- Protect Yourself Personally
- Don’t personally guarantee your lease
- Give Yourself an Escape Hatch
- Force majeure clauses / regulatory changes
- Protect Your Profits
- Guards against profit sharing and get permission to do short-term rentals
Find out more detailed information by checking out our Three Essential Clauses for Short Term Rental Hosts (Pro-Host) blog post
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