Control a Property for Less

Use the Master Lease

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Control a Property With a Master Lease

​​A master lease agreement is a contract between a property owner (lessor) and a tenant (lessee) that gives the lessee control of the property and responsibility for managing it. The lessee can operate and profit from the property without owning it outright, and may also sublease parts of it to third parties. 

Master lease agreements got their start in the commercial real estate world, but are being increasingly used by short-term rental operators. That’s right! You can lease a property long-term and then lease it out to someone else short term.