Do you want to rent out your accommodation on Airbnb and would like to maximize your profitability? If so, there are different tricks, including the mobility lease. Even if this type of lease applies to certain types of travelers, it can be particularly advantageous on the Airbnb platform. Let’s see what it’s all about.
Renting with a Mobility Lease
Airbnb is now a leader in the field of short-term and seasonal rentals. This success is undoubtedly due to the many advantages that can be found on this platform. Nevertheless, renting out your primary residence (when, for example, you leave it) follows imperative rules, such as not being able to offer it for more than 120 days (4 months) per year. To get around this limit, two solutions are possible: either stay at home and rent a room during this period, or rent your residence under a mobility lease.
The mobility lease is a rental contract for a furnished rental for a short duration (or medium duration). This type of lease is particularly suitable for tenants in mobility situations. These can be people on assignment, professional relocation, or having seasonal work. The ELAN law of November 23, 2018, then introduced the mobility lease to facilitate access to housing for these people. Some adjustments have been made. The mobility lease is therefore intended for people who are studying, doing an internship, an apprenticeship contract, professional training, a temporary professional assignment, a professional transfer, or voluntary engagement during civic service.
Many cities are affected by the 120-day per year rental limit. These concern tourist sites or the Paris region. With this mobility lease, it will then be possible to rent beyond this limit.
The Conditions of the Mobility Lease and the Advantages
One condition for renting your accommodation under a mobility lease: once the mobility lease is chosen, you must always rent under this form. Your accommodation will therefore only be accessible to the concerned profiles. It will therefore not be possible to rent your property to tourists, for example. Another condition for renting with a mobility lease: being the owner of the accommodation or having the owner’s agreement if you are a subtenant. The mobility lease has a duration of 1 to 10 months, non-renewable and non-extendable. However, an amendment allows this to be modified, provided that it does not exceed 10 months.
The mobility lease also requires that the accommodation be equipped with the necessary furniture for living and have good energy performance.
This lease prohibits the security deposit. However, you can ask for a guarantee.
As a practical solution, the mobility lease on Airbnb also has advantages. It thus offers better profitability, tenants wanting a quality property will be able to pay more. The possibility of renting for more than 120 days also allows for better profitability. This lease exempts the landlord from paying the tourist tax if the property is occupied on January 1st. The tenant can also be reimbursed for this tax by sending a copy of their rental contract to Airbnb. Another advantage of the mobility lease is that when the property is not rented, the owner can use it, which is not the case with traditional leases.
The mobility lease is not renewable. However, it can be extended if the tenant’s assignment has a longer duration than expected.
As the rental period is longer, the tenant will be more responsible. Since the mobility lease is a residential lease, the owner no longer has to change the use of their property.
The Differences between Mobility Lease and Seasonal Rental
These two types of contracts can be used on Airbnb. There are differences between these two types of leases. The first concerns the tourist tax. The seasonal lease requires paying the tourist tax (this is done at the time of booking). With the mobility lease, there is no tourist tax.
The housing tax is also different. In the case of the seasonal lease, it’s up to the owner to pay it. For the mobility lease, it’s the tenant’s responsibility to take care of it.
The mobility lease only concerns certain people and it will be essential to verify that future tenants are indeed eligible. Proof will be required on the effective date of the lease.
The duration of the contract is also different between these two types of lease. The seasonal rental imposes a limit of 90 consecutive days in the year. As for the mobility lease, it ranges from 1 to 10 months.
Creating a Mobility Lease on Airbnb
After creating your account on Airbnb, you will need to publish your listing. In this, it will be essential to specify “mobility lease”. It will also be necessary to specify the duration of the lease (from 30 days to 300 days) and the price including charges. When a tenant chooses your accommodation, you will need to validate their reservation. You will then need to establish the mobility lease contract and the annexes (lists of recoverable charges, technical diagnostic files, co-ownership regulations, etc.). You should not forget to conduct an inventory of the premises and furniture when you hand over the keys to the tenant.
If you are hesitating to use the mobility lease to rent out your accommodation, why not ask experts in rental, like Bnb Groom Services. We will be able to answer all your questions to optimally rent your property on the French Riviera, in Nice, Villefranche-sur-Mer and Cannes.
