What is an Airbnb lease addendum and why is it important for renters?

Posted by Charles Costa

As swaths of new regulations are popping up in communities that govern how vacation rentals are done, staying legal as an Airbnb host has become much tougher, especially for renters. Most rental leases don’t provide guidance on home-sharing and this complicates the relationship between landlords and tenants. In fact, most leases outright prevent subletting, which is what renters are doing when hosting paying guests. Therefore, most renters are stuck from hosting because they don’t want to risk their lease.

This is where a lease addendum comes into play. They’re documents that add additional terms to the original lease. There are many types of lease addenda, but for purposes of this article we’re focusing on a home-sharing lease addendum, sometimes referred to as an Airbnb Lease Addendum because of the popularity of the service.

Short term rental regulations differ slightly among communities, but most home-sharing laws for a renter generally starts with having official paperwork between the landlord and tenant to document the subletting rental rules. A renter who wants to legally list their space on Airbnb will likely need to prove to their local governing bodies that they are not in violation of their lease. The best way to do this is for the renter to have a written Airbnb lease addendum, signed by their landlord in hand.

Here are a few key topics for you to understand the process of creating a lease addendum.

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Topics: Renter

LA’s New Short-Term Rental Law: What renters need to know.

Posted by Charles Costa

As of July 1st, Los Angeles' new short-term rental law went into effect, and Airbnb is enforcing that new law. While the ordinance makes it legal for homeowners who secure a permit to list their properties on home-sharing websites such as Airbnb and VRBO, if you rent your space, you must prove you have your landlord’s written permission before you can create an Airbnb listing

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Topics: Renter

Letulet featured on Rentalpreneur

Posted by Mark Henderson

We’re excited to be featured in this article on Rentalpreneur.com written by Airbnb Influencer and Podcast host Rachel Prince. She says “Letulet is the truly the first creative solution I’ve seen that bridges the tenant-landlord gap and creates a win-win for BOTH parties. ...In my opinion, its GENIUS!”

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Topics: Renter

Airbnb Permission As A Tenant: How To Do It Right

Posted by Mark Henderson

Renting can be restrictive. Sure, you get more freedom in terms of where you can live, but less in terms of what you can do with your home. 

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Topics: Renter

The top five tips for Airbnb hosts in apartment buildings, to deliver an exceptional experience

Posted by Charles Costa

If you live in an apartment, you’re probably familiar with the challenges and imitations of living in tight quarters. Being unable to make major renovations, often dealing with extremely thin walls that separate yourself from other tenants, and trying to find ways to make small spaces seem larger.

It’s common for apartment tenants to avoid listing their spaces on homesharing sites such as Airbnb because they feel that their accommodations aren’t good enough to compete against other listings.

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Topics: Renter

Airbnb Hosting using your apartment in Austin, TX.

Posted by Bob Walsh

When it comes to the law, there's two things you will need to start Airbnb Hosting your apartment in Austin: A City of Austin business license ($500) and your landlord's agreement to let you host.

That first item may be changing soon, as the state legislature is again taking up the contentious issue of whether individual cities like Austin should regulate Short Term Rentals (STRs), or whether that should be the state's job.

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Topics: Renter

The realities of hosting your Apartment on Airbnb in San Francisco.

Posted by Bob Walsh

So you click on this ad and the number jumps out at you: you could cover your entire monthly rent by hosting your San Francisco apartment on Airbnb. Given how much time you spend at say your girlfriend's/boyfriends/parents'/work travel, you'd hardly be inconvenienced - and those thousands of dollars each month would come in handy.

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Topics: Renter

Airbnb Hosting in San Francisco: The legal requirements

Posted by Bob Walsh

If you're one of the thousands of renters in San Francisco who want to become Airbnb Hosts in 2019, don't be dismayed if you've heard that the City of San Francisco makes hosting hard. It doesn't, but the steps covered at the City at San Francisco's Office of Short-Term Rentals site are not the easiest to understand or follow. And since Airbnb is subject to a 2017 court order, Airbnb makes sure your SF listing complies with those requirements.

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Topics: Renter

Can you use your SF Apartment to Host on Airbnb? The answer may surprise you.

Posted by Bob Walsh

Airbnb Hosting from your San Francisco apartment is a great way to bring in some cash, but you have to be aware of the legal and business restrictions that apply to you. Here's a rundown on them:

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Topics: Renter

Airbnb and your Rental Agreement

Posted by Bob Walsh

Airbnb's an excellent way for people to make additional money, but you need a plan to get your landlord onboard too. Don't worry, we have a solution for you...

Hey renters, are you looking at Airbnb as a side gig? If you're among the hundred million or so Americans - mostly urban dwellers in apartments and other multifamily housing - Airbnb Guest hosting is an attractive, profitable side gig — one of the best side gigs out there.

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Topics: Renter

 

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Is your source for up-to-date information on the ins-and-outs of using your apartment to Airbnb host, becoming a successful host, and more.

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