Here are a few questions our Buyers ask: Can I stay in the Outer Banks vacation rental home I just
purchased if it’s in the rental program? According to the Vacation Rental Addendum the new Outer
Banks vacation home owner must follow certain protocol.
Once the deed has been recorded you must honor any OBX
rental agreements which will end within 180 days after the closing date. The Seller must provide a copy of the
vacation rental agreement for each tenant, with the tenant’s name and address
within 10 days after closing.
If the vacation rental agreements end more than 180 days
after closing, those tenants have no rights to enforce the terms of the
vacation rental agreements. Tenants are entitled to a refund of any payments
for vacation rental agreements not honored by the Buyer.
Can I change the Outer Banks rental company after the OBX vacation
Yes, you must honor the vacation rental agreements but
owners can change the Outer Banks rental agency. Keep in mind the home may have a history with
the company with which it was listed and return rentals may be affected. If you
do switch you must make sure you offer the same advertised amenities. Your Buy
the Beach realtor can offer you assistance in this process and make your
Author:Kelly Dean Phone: 252-207-3655 Dated: September 11th 2013 Views: 818 About Kelly: Recently featured on HGTV's Beachfront Bargain Hunt episode on Kill Devil Hills and Nags Head! My f...
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Recently featured on HGTV's Beachfront Bargain Hunt episode on Kill Devil Hills and Nags Head! My firm, Buy the Beach OBX covers the entire Outer Banks and coastal Albemarle areas. Whether you are a first time buyer, seller, investor or looking for a home for your retirement we can assist you in your home search or market your home. As part of an investment team, I have developed, designed and managed some of the largest revenue producing properties on the oceanfront of the Outer Banks. Our projects ranged from 8 - 12 bedroom luxury oceanfront homes to a spectacular oceanfront condominium complex featuring town homes and flats and the largest saline pool on the Outer Banks - the Croatan Surf Club. My background includes a Marketing degree from the Pennsylvania State University and a Paralegal designation in Corporate Law. I hold the RSPS GRI and PSA designation in Real Estate. I'm a member of the Outer Banks Association of Realtors and an owner of Buy the Beach Realty, LLC.
For more information about buying or relocating to the beautiful Outer Banks please feel free to call!
OCEAN VIEWS & GREAT RENTAL INCOME!!! Located in the Whalehead Club in
"What a pleasure it was to work with Kelly Dean on the purchase of our condo. She definitely went above and beyond to assist us in getting all the details we needed to make our decision. We visited several properties with her until we found the perfect one for us. She was great on the follow-up to make sure everything fell into place in time for an easy closing. We highly recommend her! Thanks for everything, Kelly! 5/5"