Our Agreement is a license-to-occupy, not a lease. 

​A lease is used when an owner rents a specific property to a tenant for long term use. The tenant usually provides their own furniture, is responsible to pay all of the utilities, and is granted exclusive use of the property. A license-to-occupy is used when the owner provides a guest with a completely furnished property for a short period of time (usually less than 30 days) and pays all of the utilities and other charges necessary to occupy the property.  

Use of a lease usually creates a landlord/tenant relationship between the parties. The landlord/tenant relationship creates significant obligations on the owner and gives rights to the tenant.  If the tenant refuses to leave at the end of the lease term, the owner must take them to court and have them evicted, which can take months to complete and cost the owner thousands of dollars. You could be required to forfeit legitimate renters while you are waiting for the court to evict the guests. There are many other legal obligations placed on landlords even if they do not appear in the lease document.  Why take on these obligations just because you used the wrong type of contract?

​A license-to-occupy gives temporary permission to use property that belongs to another. A license is revocable at the will of the licensor (owner), and creates no legal interest in the property.  In a license relationship the licensor has the right to revoke the license (or permission) “at will” and to use “self-help” to remove a defaulting licensee from the licensed premises.  This means an owner can usually remove a guest from his property without the necessity of going to court, if the guest violates any of the terms of the agreement.  

There are specific requirements to create a license agreement as opposed to a lease. 

​Our Agreement contains the language necessary to create the licensor/licensee relationship.