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← Glossary

Leaseback

A leaseback is an arrangement where an owner sells a property and then leases it back. In resort real estate, it can also mean a developer renting out owners' units when they are not using them, often on the developer's schedule. GoForth does not use a leaseback model. Each owner's 12 weeks belong to that owner. If an owner won't use some nights, they can opt in to a rental pool run by GoForth's property management team. The income offsets that owner's operating costs. No one rents out an owner's time without their explicit permission.

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