Post Occupancy Agreement
A Post-Closing Occupancy Agreement is to be used only for short-term residential occupancy for a term not to exceed 60 days. A residential lease must be used for a term longer than 60 days. It is used conjunction with a sales contract whereby the Seller will staying in the home for a short timeframe after the closing date. This Agreement helps to define the terms better for a short term rental than just a clause in the Sales Contract.