Common use of Rentals Clause in Contracts

Rentals. In the event the Property is a vacation rental property, the SC Code Section 00-00-000 shall apply. Prior to the ratification of this agreement, Seller shall provide Purchaser with a list of all rentals concerning the Property occurring in the future. Purchaser acknowledges that within fourteen (14) days after ratification of this agreement, Seller shall provide Seller’s rental management company, if any, with the name and contact information of Purchaser. Purchaser acknowledges that in the event the Property is a short-term rental property, any rentals occurring within ninety (90) days of Purchaser’s recordation of their deed must be honored by Purchaser. Purchaser and Seller agree to indemnify and hold KIRE harmless from any loss, cost, expense, or liability incurred in connection. In addition to the requirements of the above SC Code Section, in the event Seller chooses to book any future rentals after ratification of this Contract, Seller shall disclose to Purchaser those additional bookings within five (5) days of booking such.