FAQ
What is a corporate lease?
We rent your property for a term, ensuring punctual payment while maintaining your property in an immaculate state. We have the privilege to offer your property to professionals seeking short-term stays during their city visits.
How long are your contracts?
Our contracts require a one-year commitment, but we respect your freedom and flexibility. The contract can be canceled at any time with a 30-day notice by either party, free of charge.
How do you find good tenants?
We navigate through various marketing channels and integrated partners, with a focus on digital avenues, to find tenants who would appreciate and respect your property as much as you do.
How do you screen tenants?
Our team conducts a thorough tenant screening process that includes credit checks, employment verification, and previous landlord references. This diligent process ensures we find the best possible tenant for your property.
Who handles emergency service requests?
We offer 24/7 phone support for any unforeseen emergencies. Rest assured, we've got it covered.
Do you do evictions?
Though a rare occurrence, evictions are processed through the appropriate legal channels. We provide the necessary support when required.
How can you help with nuisance tenants?
We use our extensive experience to prevent potential issues, including those caused by problematic tenants. We're here to create a seamless property management experience for you.
Is there anyone who handles after hour emergencies?
Our dedicated maintenance staff is on standby to respond to any emergency, ensuring your property is always cared for and complies with local laws and regulations.
How do you determine how much rent to charge?
We consider various market factors, property values, demand, lot size, and amenities to calculate a fair and competitive rent for your property.
How do you ensure my property stays clean and well-maintained?
Your property's cleanliness and maintenance is our priority. With regular professional cleanings and maintenance checks, we ensure your property always shines.
How do you handle any disturbances or noise complaints from neighbors?
We value harmony and respect within the community. We swiftly handle any disturbances or noise complaints, ensuring the situation is rectified and the relationship with your neighbors remains positive.
Who Is Responsible for Maintenance?
We shoulder the responsibility for all maintenance costing less than $250. Regular inspections and prompt responses to tenant requests ensure your property remains in excellent condition.
If you don’t make any money, how are you going to pay the rent?
We've secured a substantial emergency fund to ensure you receive your rent punctually, regardless of our business performance. Your peace of mind is our top priority.
What Is the communication process?
We believe in open and transparent communication. Whether during regular business hours or off-hours, we're always available to address your concerns in your preferred method of communication.
Is corporate lease illegal?
Absolutely not. A corporate lease is a legitimate business arrangement where corporations lease residential properties for their employees or short-term and mid-term guests.
Can you tell me more about the type of guests that typically stay in your properties?
Each of our guests, from traveling nurses and military personnel to visiting educators, are handpicked through a rigorous screening process. These individuals appreciate and respect the comfort of a 'home away from home' and maintain the integrity of your property.
What happens if a guest causes significant damage to my property?
We understand that this is a significant concern. To ensure your peace of mind, we require security deposits from all guests. Any substantial damages are covered by this deposit. Additionally, we partner with platforms like Airbnb that offer Host Protection Insurance, covering damages up to $1 million. We also maintain our own liability insurance for an extra layer of protection. With Lura Space, your property is not just managed, but truly cared for.
Why should I do business with you?
Working with Lura Space means more than just renting your property. It's about building thriving relationships based on trust, efficiency, and care. We ensure consistent, on-time rent, abide by all regulations, minimize vacancies, and provide you with a stress-free property ownership experience.