No, the HOA will require guest registration. However, it is a good practice to follow what most daily rental platforms do by providing documentation for every booking to both parties.
No, there are standards to follow if the owner wishes to put a property in the rental program, as they will be associated with the brand Vida-Edgewater Hotel & Residents.
None of the units in the building, including studios, 1, 2, or 3 bedrooms, are obligated to use any rental program. Owners are free to manage their units themselves or choose any company they prefer.
As of today, there is no maximum length of stay. However, to keep things organized and transient, the maximum reservation block was set to 30 days, allowing guests to rebook that reservation back-to-back for however long they wish.
Yes, the project was carefully designed to meet the code requirements for short-term rentals, and all their lock-out portions are known as FlexShare.
Yes, the owner can make any changes to the unit, subject to the rules and regulations established by the board.
Unfortunately, we are unable to provide projections or forecasts of future performance for the properties in this pre-construction condo project due to legal restrictions. It's important to note that any information gathered today would be speculative and subject to various uncertainties.
We recommend conducting independent research and consulting with financial advisors or real estate professionals to make an informed decision based on market trends and your specific needs.
You can download the sample Reservation Agreement using the below Link.