Future/status of STR property management contract when unit is sold?

[Michael Green]

Hi folks -
Purchasing an STR condo in FL that is currently managed by Vacasa.  The seller tells me they have a 90-day notice w/ Vacasa, which they apparently have not given Vacasa yet. I got a hold of the Vacasa local sales rep and was told
"I can't share the current owners contract, but states a 90 day notice will be given - terms forward with you would be 90 days after signing and you could terminate after 90 days."

There are only bookings out to just a few days past closing, which I'm happy to keep. But given the past performance and reviews (and general Vacasa sentiment here and other forums) of the unit I'm not leaning towards continuing using Vacasa.

Am I obliged to honor anything w/ Vacasa? There is nothing in our closing docs/addendums that indicates I am taking over any contract nor have/will I sign anything w/ Vacasa.  I have read that Vacasa will charge fees/etc for any future booking if you cancel, but what if there are not any bookings? 

I understand that Vacasa "owns" the airbnb/etc listing itself and that will be removed and I have to start all over.

thanks!

[Andrew Steffens]

Awesome, best of luck!

There is nothing they can do to you or your property only to the seller.  I honestly would not even honor 1 booking from them as if there are any issues during that time period it may be very difficult to get any assistance from them.