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Medium-Term Rentals

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Alyssa Magyar
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Special Clauses and Application questions for MTRs

Alyssa Magyar
Posted Jan 9 2023, 05:38

For those of you who have furnished MTRs, what extra clauses do you include on the lease agreements in addition to those required by the state? Or any specific questions you include on the application? Thank you!

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Nathan Grabau
  • Realtor
  • Longmont, CO
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Nathan Grabau
  • Realtor
  • Longmont, CO
Replied Jan 9 2023, 06:03

I am not a lawyer and this is not legal advice, but I have added a cancellation clause "cancelations within 24 hours of arrival will result in no refund, cancelations 1-3 days before check in for a 50% refund" as well as a fee associated with undisclosed pets, that is around twice the fee for disclosed pets that you charge.