Beulah, MI · Member since 2016 · 41 posts · 7 votes
Hi guys,
We are about to put our vacation home on the market. We are putting together the website and getting everything in place. We were going to put together a contract/rental agreement but we have been told not to. Somebody told us that when you have a contract it can get messy and can get the states laws involved. Does anybody know anything about this? Seems like not having an contract in place would be a horrible idea to me. Thank you for any input!
Dan Stewart
Who told you not to? And did they say how/why it could get messy?
Seems to me (I don't rent out vacation homes, by the way), that it could get messy if you don't have a lease or contract to fall back on if the tenants decide that they want to stay longer. You could still evict them, but it's more of a headache in my opinion.
We were told that sometime ago from someone. We were told if we do something like that our cottage would have to be up to code and some other stuff. It's a 25 year old cottage so some stuff is out of code. It doesnt make sense at all bc I do contracts on all my jobs so my clients know exactly what they are getting in the deal. In this situation I think it's even more important.
Thanks for the response!