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Do You Use a Lease When Renting Your Furnished Rental?

As the owner or property manager of a short term rental, do you require renters to sign a lease? Some individuals want a lease signed for a stay of any length, while others don’t require leases from renters even for extended stays. Some require a lease for stays of a certain length but don’t make it mandatory for shorter stays....

Keep Your Corporate Housing Lease Terms Simple!

In light of the recent short-term rental bans and discussions on future bans across the country, Kimberly Smith, president of Corporate Housing By Owner, offers the following advice to corporate housing owners: “Simplify your life.” “By renting your furnished home as a monthly rental you avoid being impacted by short-term bans that apply mostly to properties marketed and leased as weekly rentals. By offering your property as a monthly rental vs. weekly, you will simplify your life as a busy landlord,” says Smith. There are many benefits to being a monthly rental versus a weekly rental including less transition...