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I found the perfect house and have a contract to buy it. but some confusing
issues have come up regarding airbnb bookings.
Before we had a contract I was told that it had rental agreements in place for
about 4 weeks in the 2 months after my closing. I was told that because of NC Vacation
Rental Act I had to honor those rental agreements. So I agreed thinking I had no choice.
I was going to use the weeks to travel.
Then we discovered that the "property manager" was a friend of the owners that lives there when it is not rented and that the rentals were done through airbnb. (in fact she is still advertising but that is a whole other story)
Airbnb says that the rental agreement is done with a host ( not a house) and cannot be transfered to me and should be canceled if the house sold.
I would prefer to get out of all of the booked rentals, zero interest in having strangers staying in my new house if I can avoid it.
Does anyone have experience or advice with this ?
My realtor is working on it, but I am also researching my situation.
I do not know the law in your state but it seems amazing that a law would allow someone to have short term rentals in a house that they do not own.
How would that even work after you buy the house? The Airbnb host would need to let the Airbnb renters into your home, give them a key to your home, handle any problems that arise during the renters stay, clean your home after the renters leave, etc. etc.
And, would that person keep the rental money, too? What about damage to your home? And, just imagine all of those strangers having keys to your new house.
Frankly, I would see about changing the closing date if the law really insists that you honor those short term rentals. But, I bet that you will find that the state law only covers long term renters with a signed lease and not something like Airbnb.
Is the seller even aware that his friend is renting out the house on Airbnb right now?
Airbnb already told you what to do. The host will need to cancel the reservations. The NC vacation act allows for termination. The guests will simply have to make other plans.
Gotta think 5 steps ahead. What if it is rented, how are you going to get the money? What if there are damages? You dont have a Airbnb account.
your Realtor and you should contact an attorney familiar with NC RE law and they'll know how the Short term Rental laws apply to AirBnB. It's essentially the same thing as if I buy a beach house in May and there are existing bookings.
I do not know the law in your state but it seems amazing that a law would allow someone to have short term rentals in a house that they do not own.
How would that even work after you buy the house? The Airbnb host would need to let the Airbnb renters into your home, give them a key to your home, handle any problems that arise during the renters stay, clean your home after the renters leave, etc. etc.
And, would that person keep the rental money, too? What about damage to your home? And, just imagine all of those strangers having keys to your new house.
Frankly, I would see about changing the closing date if the law really insists that you honor those short term rentals. But, I bet that you will find that the state law only covers long term renters with a signed lease and not something like Airbnb.
Is the seller even aware that his friend is renting out the house on Airbnb right now?
Good luck.
Yes the owner is out of state and wanted the friend to manage the rentals.
I would manage the rentals after the close and would get the rent.
I found the perfect house and have a contract to buy it. but some confusing
issues have come up regarding airbnb bookings.
Before we had a contract I was told that it had rental agreements in place for
about 4 weeks in the 2 months after my closing. I was told that because of NC Vacation
Rental Act I had to honor those rental agreements. So I agreed thinking I had no choice.
I was going to use the weeks to travel.
Then we discovered that the "property manager" was a friend of the owners that lives there when it is not rented and that the rentals were done through airbnb. (in fact she is still advertising but that is a whole other story)
Airbnb says that the rental agreement is done with a host ( not a house) and cannot be transfered to me and should be canceled if the house sold.
I would prefer to get out of all of the booked rentals, zero interest in having strangers staying in my new house if I can avoid it.
Does anyone have experience or advice with this ?
My realtor is working on it, but I am also researching my situation.
Well then, you get all the furnishings left at closing. They are there when the house closes, they are yours.
Contact airbnb and tell them the house sold, so they have to stop advertising and booking.
If you agreed to it in the sales contract, maybe you are stuck. If the manager is living in the house, she probably needs a 30 day notice to vacate.
I'd cancel reservations except for maybe the ones very close dated. A couple of months is plenty of time to find something else. Day after tomorrow, not so much.
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