Updated over 3 years ago on . Most recent reply
#3 Medium-Term Rentals Contributor
- Property Manager
- Los Angeles, CA
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Leases for Mid Term Rentals
#3 Medium-Term Rentals Contributor
- Property Manager
- Los Angeles, CA
Hello! For those who own/manage mid term rentals, do you have guests sign a lease or rental agreement of any kind? How involved is the document you use? Is it similar to a full lease agreement like one used for long term rentals? I understand there are local legal considerations that differ for each market. I'm in California so I imagine we should have a more involved lease to protect ourselves. Thank you in advance!
Most Popular Reply
@Allen Duan These are great questions! I have each of my MTR tenants sign leases/rental agreements for the duration of their stay (typically 13 weeks). So I use Avail as my platform to manage my rentals, check collection, and *lease creation. I take it a step further and after I created my first general lease, I paid a attorney/lawyer to look over and edit the lease to ensure it was updated to local/state laws/policies that would best help protect myself.
I will send a message to connect, and happy to talk in more detail around other things I do for my MTR tenants.