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Buying vs. Leasing Medical Office Space: The Right Choice for Your Practice

LMS - Buying vs. Leasing Medical Office Space_ The Right Choice for Your Practice
Dr Mitra Sadhu
By Dr. Mitra Sadhu, Founder, Link Medical Spaces

Deciding whether to buy or lease medical office space is a significant decision for any healthcare practitioner. It’s a lot like the classic debate of buying versus renting a home—each option comes with its own set of perks and challenges. Let’s dive into the pros and cons of each to help you make an informed choice that aligns with your practice’s goals.

Drawing Parallels: Medical Office Space vs. Residential Real Estate

When it comes to residential real estate, choosing to buy or rent a home often depends on factors like financial stability, long-term plans, and current market conditions. Similarly, in the realm of healthcare real estate, deciding to buy or lease office space hinges on your practice’s financial health, growth projections, and the local real estate landscape.

Buying a Home vs. Renting:

  • Buying offers the opportunity to build equity, provides stability, and holds the potential for property appreciation.
  • Renting grants flexibility, involves lower upfront costs, and comes with fewer maintenance responsibilities.

Buying Medical Office Space vs. Leasing:

  • Buying allows for equity accumulation, offers customization options, and may provide potential tax benefits.
  • Leasing delivers flexibility, requires lower initial expenses, and reduces maintenance duties.

Understanding these parallels can help frame the decision-making process for your medical practice.

Pros and Cons of Buying Medical Office Space

Pros:

  1. Equity Building: Owning your office space enables you to build equity over time, potentially providing a valuable asset for future financial security.
  1. Stability and Control: Ownership offers control over the property, allowing for renovations and modifications tailored to your practice’s needs without landlord restrictions.
  1. Potential Tax Advantages: Owners may benefit from tax deductions related to mortgage interest, property depreciation, and other expenses.
  1. Additional Income Opportunities: Owning a larger property opens the possibility of leasing extra space to other healthcare providers, creating an additional revenue stream.

Cons:

  1. Significant Initial Investment: Purchasing property requires a substantial down payment and may involve additional costs such as closing fees and renovations.
  1. Maintenance Responsibilities: Owners are responsible for all maintenance, repairs, and property management, which can be time-consuming and costly.
  1. Reduced Flexibility: Owning ties you to a specific location, which may be a disadvantage if your practice needs to relocate due to demographic shifts or other factors.

Pros and Cons of Leasing Medical Office Space

Pros:

  1. Lower Upfront Costs: Leasing typically requires less initial capital, preserving funds for other aspects of your practice, such as equipment or staffing.
  1. Flexibility: Leases allow for easier relocation or expansion, accommodating changes in your practice’s size or location preferences.
  1. Reduced Maintenance Responsibilities: Landlords often handle property maintenance and repairs, allowing you to focus more on patient care.

Cons:

  1. No Equity Accumulation: Lease payments do not contribute to building equity, meaning you won’t benefit from property appreciation over time.
  1. Potential for Rising Costs: Lease agreements may include rent escalation clauses, leading to increased expenses over time.
  1. Limited Control: Tenants may face restrictions on property modifications and must adhere to the landlord’s policies.

Current Trends in Healthcare Real Estate

The healthcare real estate market is experiencing shifts influenced by factors such as technological advancements, patient preferences, and economic conditions. Notable trends include:

  • Increased Demand for Flexible Spaces: Practices are seeking spaces that can adapt to evolving healthcare delivery models, such as telemedicine and outpatient services.
  • Rising Construction Costs: Higher costs for materials and labor are impacting decisions to build or renovate medical office spaces.
  • Emphasis on Patient Experience: Locations that enhance patient convenience and satisfaction are becoming more desirable, influencing leasing and purchasing decisions.

Understanding these trends can help inform whether buying or leasing aligns better with your practice’s strategic objectives.

Making the Decision: Actionable Steps for Private Practices

  1. Assess Financial Health: Evaluate your practice’s financial stability, considering cash flow, creditworthiness, and long-term profitability.
  1. Analyze Market Conditions: Research local real estate trends, property values, and lease rates to understand the economic landscape.
  1. Project Future Needs: Consider your practice’s growth trajectory, potential for service expansion, and the likelihood of needing more or less space.
  1. Consult Professionals: Engage with financial advisors, real estate experts, and legal counsel to gain insights tailored to your specific situation.
  1. Weigh Pros and Cons: Reflect on the advantages and disadvantages of each option in the context of your practice’s goals and resources.

Conclusion

The decision to buy or lease medical office space is multifaceted, involving careful consideration of financial implications, market dynamics, and your practice’s unique needs. By drawing parallels to the buy vs. rent debate in residential real estate and staying informed about current healthcare real estate trends, you can make a strategic choice that supports the long-term success of your practice.

Disclaimer: This content is for informational purposes only and does not constitute legal, financial, or professional advice. Please consult a qualified expert before making decisions related to healthcare real estate or regulatory compliance.

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Terms and Purchase Policies

BY ACCESSING AND/OR  USING THIS WEBSITE  AND/OR THE COMPANY CONTENT, YOU ACCEPT AND AGREE TO BE BOUND AND ABIDE BY THESE TERMS.

These Terms of Use (“Terms”) constitute a binding agreement between Link Medical Spaces LLC (“Company”) and you, the user. By accessing or using the Company’s website, located at https://www.linkmedicalspaces.com/ (“Website’), you agree to comply with and be bound by these Terms, which govern your use of the website and its services, content, and functionality.

The Website provides various services and resources, including but not limited to written, audio, photographic, and video content (“Company Content”). This Company Content encompasses newsletters, educational materials, and other resources available on the Website.

Please read these Terms carefully before using the Website. If you do not agree to these Terms, you must not access or use the Website.

For further information or inquiries regarding these Terms, please contact the Company through the contact information provided on the website.

CHANGES TO THESE TERMS

Company reserves the right to modify, alter, amend or update, at any time and without notice, its Website, the Company Content, its policies, and these Terms. These Terms are subject to change without notice, and such modifications shall be effective immediately upon posting on the Website. Your continued use of the Website or Company Content constitutes your acceptance of any changes to the Terms. You are expected to check this page periodically, so you are aware of any changes, as they are binding on you.

ADDITIONAL POLICIES INCORPORATE INTO THESE TERMS

Any additional policies or terms adopted by Company may be incorporated into these terms by reference. This includes the following:

PERMITTED USERS

This Website is intended for users over 18 years of age or older. By accessing or using this Website, you represent and warrant that you meet this age eligibility requirement. If you do not meet this requirement, you must not access or use the Website or Company Content. Additional use requirements may be presented for different account types, as detailed below. 

MEDICAL OFFICE SPACE LISTINGS

The purpose of the Website is to list medical office spaces that are available for lease or sublease (“Listings”). Anyone who accesses the Website will be able to see the Listings, but certain information may be private until an account is created. Account options are outlined below. 

ACCOUNT TYPES

The Website allows users to establish two types of accounts related to Listings (as defined herein): (i) Listers, and/or (ii) Renters. The following terms apply to each account type and individually created account. You are responsible for ensuring that your login information remains private. If Company suspects that your login credentials have been shared with a third party or compromised, Company reserves the right to revoke your access to your account

It is not necessary to register for an account to browse publicly available content on the Website; however, accounts will be required certain actions among the Website and/or Company Content.

Lister Accounts

On the Website, if you wish to submit a Listing, you must establish a lister (“Lister”) account. Please note that Lister accounts are free, but each Listing incurs a fee, subject to the purchase policies below. By establishing a Lister account, you acknowledge and agree to: 

  • Ensure you (or your business) comply with all applicable laws and regulations.
  • Ensure you (or your business) have the right to lease/sublet the property in the Listing.
  • List only spaces zoned for medical offices.
  • Provide truthful information about the rental property, following any rental guidelines.
  • Be fully responsible for vetting potential Renters.
  • Pay all fees associated with your Listings.
  • Hold the Company harmless for any transactions or inquiries with potential Renters.

Obtain a written lease/sublease agreement for any rental arrangement.

Collaborate with Renters to address HIPAA or other patient care considerations.

Renter Accounts

To obtain contact information for a Listing on the Website, you must establish a renter (“Renter”) account. These accounts are free to establish, and by creating one, you agree to: 

  • Ensure you (or your business) comply with all applicable laws and regulations.
  • Ensure you (or your business) have the right to enter a lease for any listed property.
  • Provide truthful information to the Lister.
  • Be fully responsible for vetting potential Listings; the Company is not responsible for the accuracy of any Listing.
  • Hold the Company harmless for any transactions or inquiries related to a Listing.
  • Obtain a written lease/sublease agreement for any rental arrangement. 

PURCHASE POLICIES

These purchase policies (“Purchase Policies”) apply to any paid products or services (“Purchase Item(s)”), such as Listings, that may be purchased through the Website. 

BY PURCHASING ANY SUCH PURCHASE ITEM(S) FROM THE WEBSITE, YOU AFFIRM THAT YOU: 

  1. ARE OF LEGAL AGE TO MAKE THE PURCHASE; 
  2. THAT YOU MEET ANY AND ALL ELIGIBILITY REQUIREMENTS; AND
  3. YOU AGREE TO COMPANY’S TERMS, INCLUDING THESE PURCHASE POLICIES.

Order Acceptance and Cancellation

By creating a Listing on the Website, you are entering a transaction considered an offer to buy from Company, under the terms set forth in these Purchase Policies, the Purchase Items listed in your order. Company may review your order and determine, in Company’s sole and absolute discretion, whether or not to accept it. Company is not obligated to accept any order or Listing.

Company reserves the right, but is not obligated to, limit the sale of Purchase Items to any person, geographic region, or jurisdiction. Company may exercise this right on a case-by-case basis. Company may exercise its right to reject your order, even if you have received confirmation of the purchase. In such circumstances, you will be refunded for any payments made at the time you submitted your order.

Company reserves the right to limit quantities of Purchase Items available for purchase, even if such Purchase Items are available digitally.

Purchaser Eligibility

The Purchase Items are available to individuals over the age of 18 who have established a Lister account and meet all eligibility criteria, whether required by Company and/or applicable laws and regulations. By establishing a Lister account, you agree that you agree to the terms stated above for Lister accounts and any Purchase Policies related to your purchase of any Purchase Items. 

If Company becomes aware that you have submitted an order to purchase the Purchase Items in violation of these eligibility requirements, Company will immediately reject your order and/or terminate your Listing(s) and/or Lister account. 

Prices

All prices listed on the Website are subject to change without notice. The price you will be charged will be the price in effect at the time you submit Listing and will continue until you remove your Listing. Any applicable sales tax or other charges are the responsibility of you as the purchaser of the Purchase Items, and such taxes or other charges will be added to your total before the purchase is completed.

Company strives to ensure that all information displayed on the Website related to the Purchase Items is accurate, including pricing, availability, and product/service descriptions. In the event that Company discovers an error in any Purchase Item information, including pricing, Company reserves the right to make corrections to any inaccuracies or incorrect information. Company reserves the right to cancel orders for Purchase Items that contain errors.

Payments

Unless otherwise stated, payments are due and will be collected at the time you place your order. Company will collect all payments through the Website, which are processed through Company’s payment processor. All acceptable methods of payment will be listed at the time of purchase.

By purchasing any Purchase Item(s), you agree to pay the total amount due and authorize Company, through its payment processor, to charge your payment method under the payment method you choose for the amount listed. By entering the payment information, you represent (i) that all payment information is true and accurate, (ii) that you are authorized to use the payment method, and (iii) all charges you incur will be honored by your payment method.

Automatic Payments

Listings are billed to the Lister on a set billing term, which is set at the time you purchase the Purchase Items. Purchasing a Listing will enroll you in automatic payments for that Listing, for which you will place a credit card on file and provide authorization for the payment processor to collect initial and future payments on Company’s behalf. ALL LISTINGS WILL CONTINUE WITH AUTOMATIC PAYMENTS UNTIL THE LISTER REMOVES THE LISTING FROM THEIR ACCOUNT. 

Your account will automatically renew at the conclusion of each billing term. You agree that Company may submit periodic charges (e.g., every month or quarter, depending on your selected billing term) to your chosen payment method without further authorization from you until you provide prior notice that you wish to terminate this authorization or to change your payment method. You agree that such notice will not affect charges submitted before Company reasonably could act. By purchasing a Listing, you agree and acknowledge that each Listing has an initial and recurring payment charge at the subscription rate, and you accept responsibility for all recurring charges prior to cancellation. Your Listing will be automatically renewed for successive periods and your payment method will automatically be charged for each successive period at the rate established at the time of your purchase for that Listing until you cancel your Listing. You understand that failure to cancel according to the cancellation policies below will result in the nonrefundable renewal of your subscription.

PLEASE NOTE THAT THE PRICE OF LISTINGS MAY CHANGE FROM TIME TO TIME, AND YOU ACKNOWLEDGE THAT YOU MAY BE CHARGED DIFFERENT RATES FOR LISTINGS PURCHASED AT DIFFERENT TIMES WITHOUT PRIOR NOTICE. 

You agree that you will be responsible for making all payments due on the schedule indicated. You are solely responsible for ensuring that your payment method is up-to-date and error-free. If Company is unable to collect a payment when it is due, you will be notified and responsible for immediately updating your payment method so that the payment may be collected. During this time, any active Listings on your account will be deactivated until a new payment method is established. 

Price Changes

Company reserves the right to update the prices of its Listings at any time without notice to you. You will be charged the current price of a Listing at the time the purchase is submitted. 

Cancellation of Listing

You may cancel your Listing at any time; however, no refunds will be authorized after fees have been charged. To avoid incurring additional fees, you must cancel the Listing prior to the next billing date. To cancel, you must visit the dashboard in your Lister account, where you may remove the Listing. 

Refunds on Paid Listing Fees

There are no refunds for any Listing fees; however, you are eligible to cancel your Listing at any time before your next billing cycle. 

If you live in a jurisdiction that has regulations regarding refunds that conflict with these Purchase Policies, Company will honor the regulations of the jurisdiction, if applicable, to the type of purchase you have made upon you providing the following:

  1. Proof of residency (proof of domicile if a business entity;
  2. Reference to the governing regulation; and
  3. Written notice of the refund request.

You agree that you have reviewed the applicable refund policies and will not file any disputes or request chargebacks through your credit card issuer. If you do, this refund policy will be provided to demonstrate your awareness of the policy in Company’s defense against the request.

Discounts

Occasionally, Company may offer discounts on its Purchase Items. Such discounts are offered in Company’s sole and absolute discretion. Company reserves the right to limit discounts to particular time periods or particular Purchase Items. Discounts may be available for a limited time. After the expiration of a discount offer, Company will not honor the past discount.

Company will not offer refunds for failure to apply a discount at the time of purchase. Additionally, Company does not offer price adjustments for discounts offered after the time of purchase.

License related to the Purchase Items

Company is the creator and owner of the Company Content; however, Listers are the owner of any content they contribute for a Listing. Such content is submitted to us subject to the grant of rights described in these Terms. Company reserves the right to utilize any Listing information, including photos you submit, for marketing purposes. Lister agrees to hold Company harmless from any and all claims of ownership, accuracy or otherwise, made related to the content of a Listing submitted by Lister.

Communication Rules

If you hold a Renter account, you will receive the opportunity to obtain contact information for Listers so that you may inquire about Listings. You agree that all communications submitted will be made outside of the Website. While Company is not responsible for such communications, Renter agrees to follow all Community Guidelines, which are outlined below. 

Listers agree to follow the Community Guidelines when responding to any inquiries about a Listing. 

Company’s sole discretion will be used to determine if you violate these Community Guidelines. Company reserves the right to terminate any Renter account for not following the Community Guidelines. 

Community Guidelines

The “Community Guidelines” are as follows:

  • You will treat one another, and all representatives of Company, with courtesy and respect.
  • Any communications related to Listings from the Website should not include:
    • profanity; 
    • harassment directed any recipient of the communication;
    • Spam;
    • Bullying; 
    • hate speech; 
    • sexually explicit material; 
    • defamatory statements regarding Company or any third party;
    • references to illegal acts; 
    • contributions that may violate the legal rights of a third party;
    • any other content that Company deems is inappropriate; or
    • any content that violates any applicable law or regulation.

Any Lister or Renter may report another member for failing to comply with these Community Guidelines. Company reserves the right to terminate any account based on a failure to comply with the Community Guidelines.

Testimonials

If you provide Company with a testimonial regarding your experience with the Purchase Items, you grant us the right to publish the testimonial for marketing purposes. If you provide it with your testimonial content, this includes the right for us to use your name and likeness.

Purchase Item Language

Unless otherwise stated, all rental Listings are offered in English. Company is not responsible for offering translations. Company cannot guarantee that translation tools will accurately translate the content of the listing.

Email Communication

If you establish an account through the Website, you will enter your email address. You agree that we may email you regarding your account and/or your access and use to the Website and Company Content. You may also be added to our mailing list to receive additional information about our products and services. You may unsubscribe at any time.

Termination

Company reserves the right to terminate your access to the Purchase Items or Website at any time in its sole discretion. Company may terminate a Listing at any time, in its sole discretion, if Company has deemed that it violates the Terms, Purchase Policies, Community Guidelines, or other policy.

Property Listing Content and Accuracy

All property details, descriptions, images, and other listing content on LinkMedicalSpaces.com are provided directly by the lister (the property owner or their authorized representative). By submitting a listing, the lister affirms that the information provided is accurate and lawful.

Link Medical Spaces LLC reserves the right to reject at its discretion listings it considers unclear or incompatible with its platform. Such Listings are eligible for reconsideration following any corrective edits or revisions. Link Medical Spaces LLC does not independently verify the accuracy, condition, availability, legal status, or ownership of any property, and the sole responsibility to do so falls to each user in accessing and utilizing the platform.

Link Medical Spaces LLC assumes no responsibility or liability for errors, omissions, or misrepresentations in the listing content. All users are strongly encouraged to conduct their own due diligence, confirm listing details with the lister directly, and seek legal or professional real estate advice when necessary.

NO BROKERAGE OR AGENCY RELATIONSHIP 

Link Medical Spaces LLC (“Company”) operates solely as an online advertising venue for property owners, landlords, tenants, and interested parties to share and discover available medical office spaces.

The Platform does not act as a real estate broker, agent, or intermediary. Link Medical Spaces does not:

  • Represent any party in real estate transactions;
  • Negotiate or facilitate sales, leases, or other agreements between users;
  • Communicate or present offers or counteroffers on behalf of any party;
  • Provide brokerage, valuation, or real estate advisory services; or
  • Earn commissions or compensation based on the completion or success of any real estate transaction.

The Company operates solely as an advertiser and does not engage in any activities that would require a real estate license. The Company is not a real estate agent, broker, or any other type of real estate professional. As such, the Company does not hold, nor is it required to hold, a real estate license similar to those held by real estate agents, brokers, or other real estate professionals.

The Company’s role is limited to providing advertising services for real estate listings and related content. The Company does not participate in any real estate transactions, negotiations, or agreements, nor does it provide any real estate advice or services that would necessitate licensure under applicable real estate laws and regulations.

Users of the Company’s services are advised to seek the assistance of licensed real estate professionals for any real estate transactions or inquiries. The Company disclaims any responsibility for the accuracy, legality, or content of the listings and information provided by third parties.

Link Medical Spaces LLC functions solely as an advertising venue and does not negotiate, represent, or broker any transaction between parties. The platform does not provide legal, financial, or real estate advice and disclaims any responsibility for the outcome of property transactions. Users are encouraged to seek professional advice to address any questions or concerns related to their property listings and transactions. Link Medical Spaces LLC expressly disclaims any liability for disputes arising from property transactions, emphasizing the importance of professional guidance in these matters.

The responsibility for ensuring that properties and listings comply with all applicable laws, regulations, contracts, or other requirements lies solely with the parties involved. Furthermore, the parties are solely responsible for complying with any and all licensing requirements. The parties agree to hold harmless, defend, and indemnify the Company from any and all claims, liabilities, or issues arising from or related to the compliance with such licensing requirements.

User Responsibility 

All users posting property listings represent and warrant that they have the legal right and authority to advertise the property and that doing so does not violate any third-party agreements, including exclusive listing agreements with real estate brokers or agents.

All negotiations, agreements, and transactions arising from use of the Platform are the sole responsibility of the involved parties. Users are encouraged to consult licensed real estate professionals and attorneys to ensure compliance with applicable laws and contractual obligations.

Limitation of Liability 

The Platform assumes no responsibility or liability for disputes arising between property owners, agents, tenants, or other users, including but not limited to issues related to exclusive agency agreements, misrepresentation, or contract enforcement.

Respect for Exclusive Listing Agreements

Link Medical Spaces LLC acknowledges and respects the contractual relationships between property owners and their designated real estate brokers or agents. The act of advertising a property on LinkMedicalSpaces.com does not alter, override, or negate any exclusive listing agreements that property owners may have with their licensed agents or brokers. Property owners are solely responsible for ensuring compliance with the terms of any such agreements. It is imperative that property owners review and adhere to all contractual obligations with their brokers to avoid any potential legal disputes.

Listing Agent Compensation

In the event that a property owner has entered into an exclusive listing agreement with  listing agent, including but not limited any real estate agent or broker, the listing agent remains entitled to any agreed-upon commission or compensation as specified in their contract with the property owner. Link Medical Spaces does not participate in, interfere with, or influence commission agreements, nor does the platform earn commissions from property transactions. Property owners must ensure that all commission agreements are honored in full. Failure to comply with these agreements may result in legal action from the listing agent or broker.

Irrespective of and in addition to any listing agent compensation, Link Medical Spaces LLC shall be entitled to any and all fees and costs owed to Link Medical Spaces LLC, including but not limited to advertising and/or listing fees, service fees, and de-listing fees.

Affirmation of Obligations

By using this platform, property owners affirm that they understand and acknowledge their obligation to honor all existing agreements with their real estate agents, including the payment of any commissions upon successful sale or lease of the listed property. Property owners are advised to consult with their legal advisors to ensure compliance with all contractual obligations. This affirmation serves as a reminder of the legal responsibilities that accompany the use of this platform and the listing of properties.

USE OF AI-ASSISTED TOOLS

Link Medical Spaces LLC may offer features that incorporate artificial intelligence (AI) to assist users in creating or enhancing property listings and related content. These tools—including but not limited to auto-generated property descriptions—are provided to support users in marketing their listings more effectively.

By using AI-assisted tools on the platform, you acknowledge and agree to the following:

  1. User Responsibility for Accuracy While AI-generated content may be based on the information you provide, you remain solely responsible for reviewing, verifying, and approving all content before it is published. Link Medical Spaces does not independently verify listing content and assumes no responsibility for its accuracy, completeness, or suitability for any particular use.
  1. No Warranties or Guarantees AI-assisted content is generated algorithmically and may not always be complete, accurate, or error-free. Link Medical Spaces makes no representations or warranties regarding the performance, reliability, or outcomes of any AI-generated content.
  1. No Broker or Advisory Role The use of AI-generated content does not constitute legal, financial, or real estate advice, nor does it establish a broker-client or agency relationship between you and Link Medical Spaces LLC.
  1. User Licensing and Rights By submitting information for AI-assisted generation, you grant Link Medical Spaces a limited license to process that content and display the generated results for listing purposes. You confirm that you have the legal right to use and submit all input data provided.
  1. Right to Modify or Discontinue Tools Link Medical Spaces reserves the right to modify, suspend, or discontinue any AI-assisted tools or features at any time without notice.

USE OF THE WEBSITE

Unless otherwise stated, Company owns the intellectual property and rights to all Company Content and the Website. Subject to the license below, all intellectual property rights are reserved.

You may view, download (for caching purposes only), and print pages for your personal use, subject to the restrictions set out below and elsewhere in these Terms.

Unless it is specifically and expressly made available for such purpose, the following uses are not permitted:

  • Republication, redistribution, sale, rental, or sub-licensing of content from the Company Content or Website;
  • Reproduction or duplication of any content in the Company Content or on the Website for commercial purposes;
  • Modification of any Company Content or information on the Website.

From time to time, the Website will utilize various plugins or widgets to allow sharing of content via social media channels, email, or other methods. Use of these plugins or widgets does not constitute any waiver of Company’s intellectual property rights. Such use is a limited license to republish the content on the approved social media channels only, with full credit to Company.

PROHIBITED USES OF THE WEBSITE

You must not use the Website in a way that causes, or may cause, damage to the Website or impair the availability of access to the Website. You must not decompile, reverse engineer, disassemble, or otherwise reduce the Website, except to the extent that such activity is expressly permitted by applicable law. You must not use the Website to copy, store, host, transmit, send, use, publish, or distribute any material that consists of (or is linked to) any spyware, computer virus, Trojan horse, worm, keystroke logger, rootkit, and/or other harmful code or malicious software.

You must not conduct any systematic or automated data collection activities, including, but not limited to, scraping, data mining, data extraction, or data harvesting on or in relation to the Website without Company’s express written permission.

You must not use the Website to transmit or send any unsolicited commercial communications, including, but not limited to, spam comments. You may not use the Website to link third-party content in a way that is unfair or deceptive.

You must not use the Website for any third-party marketing without Company’s express written permission.

ARTIFICIAL INTELLIGENCE

Company does not consent to the use of any portion of this Website, or the Company Content being used in any format, in whole or in part, for the development, training, or operating artificial intelligence or other machine learning systems, unless authorized by Company through a separate agreement. Any unauthorized use of the Company Content or Website in violation of this prohibition will be considered a breach of these Terms and may be a breach of our rights under copyright laws of the United States.

INTELLECTUAL PROPERTY RIGHTS

Copyright

Unless otherwise noted, the design, content, and all components of the Website and Company Content are copyrights owned by Company or third parties and are protected by United States and international copyright laws and should not be reused or republished without express written permission.

From time to time, the Company Content will legally utilize copyrights owned by third parties. These copyrights are the respective property of their owners and Company makes no claim of ownership.

Trademarks

Company’s trademarks and trade dress may not be used in connection with any product or service that is not Company’s, in any manner likely to cause confusion among consumers, or in any manner that disparages or discredits Company or its owners.

From time to time, the Company Content will legally utilize or reference trademarks owned by third parties. These trademarks are the respective property of their owners and Company makes no claim of ownership.

Content Contributed to the Website

In limited circumstances, you may contribute content to the Website, including, but not limited to, comments, posts, or submissions. Any content you contribute to the site, including, but not limited to text, images, audio material, comments, video material, and audio-visual material, must not be illegal or unlawful, may not infringe on any third-party’s legal rights, and must not be capable of giving rise to legal action whether against you, Company, or a third party.

Company reserves the right to edit or remove: (i) any material submitted to the Website; (ii) stored on Company’s servers; or, (iii) hosted or published on the Website. Company takes no responsibility and assumes no liability for any content posted by you or any third party.

Notwithstanding Company’s rights under the Terms, Company does not undertake to monitor the submission of all content to, or the publication of such content on, the Website.

Grant of Rights

You grant Company a worldwide, irrevocable, non-exclusive, royalty-free license to use, reproduce, adapt, publish, translate, and distribute any content you contribute to the Website or Company Content. This includes, but is not limited to, text, images, audio material, comments, video material, and audio-visual material. This license extends to all known and future media. You also grant Company the right to sub-license these rights and the right to bring an action for infringement of these rights.

In the event that you contribute any comments or suggestions regarding the Website or Company Content to Company, including, but not limited to, notes, text, drawings, images, designs, or computer programs, such submissions shall become, and shall remain, the sole property of Company. No submission shall be subject to any obligation of confidence on the part of the Company. The Company shall exclusively own all rights to (including intellectual property rights thereto), and shall be entitled to unrestricted use, publication, and dissemination as to all such submissions for any purpose, commercial or otherwise without any acknowledgment or compensation to you.

CHANGES TO THE CONTENT

Company reserves the right to modify any Company Content or the Website at any time; however, Company does not guarantee that the Company Content is complete or up-to-date. The Company Content may be out of date and Company is under no obligation to update any Company Content at any time.

Company reserves the right to reject at its discretion listings it considers unclear or incompatible with its platform. Such Listings are eligible for reconsideration following any corrective edits or revisions. Company does not independently verify the accuracy, condition, availability, legal status, or ownership of any property, and the sole responsibility to do so falls to each user in accessing and utilizing the platform.

COMMUNICATION

If you send Company an email, register to use the Website, or provide your email to Company in any other way, you consent to receive communications from Company electronically. You agree that all legal notices provided via electronic means from Company satisfy any requirement for written notice.

MONITORING AND ENFORCEMENT

Company has the right to, in Company’s sole and absolute discretion,:

  • remove or refuse to post any contribution for any reason, in Company’s sole discretion.
  • Take any action, including deletion, with respect to any contribution made to the Website.
  • Disclose your identity (if known) or other information regarding your usage of the Website to any third party who claims that any contribution you make to the Website violates their rights, including their intellectual property rights or right to privacy.
  • Take appropriate legal action for any illegal or unauthorized use of the Website.

Company does not, however, review all contributions to the Website prior to posting and cannot ensure prompt removal of objectionable contributions. Company assumes no liability for any action or inaction regarding contributions from a third party.

TERMINATION

The Company reserves the right, in its sole and absolute discretion, to immediately terminate your access to the Website and Company Content without notice to you.

LINKS FROM THE WEBSITE

Any links on the Website are provided for your convenience only. This includes links in advertisements or sponsored content. Company is not responsible for the content on any pages linked on the Website and accepts no responsibility for your use of such links.

THIRD PARTIES

The Website and Company Content may contain links to third-party websites that are not governed or controlled by Company. You represent and warrant that you have read and agree to be bound by all applicable terms of use and policies for any third-party website. Company assumes no control or liability over the content of any third-party sites. You expressly hold Company harmless from all liability related to your use of a third-party website.

Prior to engaging in any events or commercial transactions with any third parties discovered through or linked on the Website, you must complete any necessary investigation or due diligence. If there is a dispute for any events or commercial transactions with a third party discovered through or linked on the Website, you expressly hold Company harmless from any and all liability in any dispute.

NO WARRANTIES

The Website is provided on an “as is” and “as available” basis without any representations or warranties, express or implied. Company makes no representations or warranties in relation to the Website or the Company Content.

Company makes no warranty the Website will meet your requirements; will be available uninterrupted; timely and free of viruses or bugs; or represents the full functionality, accuracy, and reliability of the Website. Company is not responsible to you for the loss of any content or material uploaded or transmitted through the Website. The Website and Company Content are written in English and Company makes no warranty regarding translation or interpretation of content in any language. 

LIMITATION OF LIABILITY

COMPANY WILL NOT BE LIABLE FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, PUNITIVE, OR SPECIAL DAMAGES OF ANY KIND, HOWEVER CAUSED, INCLUDING LOSS OF PROFITS, REVENUE, DATA OR USE, INCURRED BY YOU, WHETHER UNDER THEORY OF CONTRACT, TORT (INCLUDING NEGLIGENCE), WARRANTY, OR OTHERWISE, EVEN IF THE OTHER PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING DOES NOT AFFECT ANY LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.

USERS OF THE WEBSITE AGREE THAT COMPANY IS NOT LIABLE FOR ANY INFORMATION RELATED TO ANY RENTAL LISTINGS OR RENTAL AGREEMENTS THAT MAY OCCUR AS A RESULT OF THE LISTINGS ON THE WEBSITE. ONLY THE PARTIES ENTERING THE AGREEMENT WILL BE LIABLE FOR THE RESULTS OF ANY SUCH RELATIONSHIP. PLEASE ENSURE YOU HAVE COMPLETED ALL DUE DILIGENCE PRIOR TO ENTERING ANY RENTAL AGREEMENT. 

INDEMNITY

You agree to defend, indemnify and hold Company, its members, employees, officers, directors, managers, and agents harmless from and against any and all losses, claims, suits, actions, liabilities, obligations, costs, and expenses (including reasonable attorneys’ fees and expenses) which Company suffers as a result of third-party claims based on: (i) your negligence or intentional misconduct, (ii) your breach of any provision of the Terms (including representation or warranty); (iii) materials prepared or provided by you including, but not limited to, any claims of infringement, or misappropriation of copyright, trademark, patent, trade secret, or other intellectual property or proprietary right, infringement of the rights of privacy or publicity, or defamation or libel; or (iv) death, personal injury, or property damage arising out of, or relating to, your obligations hereunder.

ARBITRATION

The Terms will be governed and construed in accordance with the laws of the State of Florida. Any controversy or claim arising out of or relating to the Terms, or the breach thereof, shall be settled by arbitration administered by the American Arbitration Association (“AAA”) under its Commercial Arbitration Rules, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. The place of any such arbitration shall be in Orange County, Florida. The parties also agree that the AAA Optional Rules for Emergency Measures of Protection shall apply to the proceedings.

MISCELLANEOUS PROVISIONS

If any provision(s) of the Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall be severable and enforceable. If a provision is excessively broad, such a provision shall be limited or reduced in scope so as to be enforceable.

The Terms may not be assigned by you without Company’s prior written consent; however, the Terms may be assigned by Company in its sole discretion.

 The Terms are the final, complete, and exclusive agreement of the parties with respect to the Website offered by Company; however, Company may make modifications as stated above.

All notices with respect to the Terms must be in writing and may be via email to [email protected] for Company and to your email address.

UPDATED: Aug 07, 2025